NEWS

Toyota Repeats Recall to Fix Suspension Flaw

9/10/2013

Toyota Motor Corp. is again recalling 780,600 vehicles to fix a rear suspension problem that may not have been correctly repaired when the same vehicles were recalled a year ago.

Half of Internet Car Shoppers Initially Open to All Brands

9/10/2013

Half of American consumers who use the Internet when shopping for a new vehicle are willing to consider any brand when they begin their search, according to the J.D.

Aston Martin Aims to Double Sales by 2016 Under New CEO

9/10/2013

British supercar maker Aston Martin Lagonda Ltd. hopes a new CEO and some new models perhaps including a crossover vehicle will hike the company's worldwide sales to 7,000 units in three years from half that volume in 2012, Bloomberg News reports.

VW Touts Electrified Powertrain Strategy

9/10/2013

Volkswagen Group CEO Martin Winterkorn says the company will offer 14 electric or hybrid models by 2014 and could expand that lineup to 40 models if demand warrants.

Aston Martin Seeks to Double Sales in Three Years

9/10/2013

British supercar maker Aston Martin Lagonda Ltd. hopes a new CEO and some new models perhaps including a crossover vehicle will boost the company's worldwide sales to 7,000 units by 2016 from half that amount last year, Bloomberg News reports.

Federal-Mogul Plans to Move HQ

9/9/2013

Federal-Mogul Corp. plans to move its headquarters and 650-700 employees to Farmington Hills, Mich., next year from the nearby suburb of Southfield, Crain's Detroit Business reports.

VW Trumpets Electric Car Plans

9/9/2013

CEO Martin Winterkorn says Volkswagen AG will offer 14 electric or hybrid models by 2014 and could expand that lineup to 40 models if demand warrants.

Auto Sales Drop 10% in Russia

9/9/2013

Deliveries of passenger and light commercial vehicles in Russia dropped to 231,900 units last month from a record 259,100 in August 2012, according to the Moscow-based Assn. of European Businesses.

Renault Shuffles Management Team After COO Exit

9/9/2013

Renault SA has promoted manufacturing and purchasing head Thierry Bollore to chief competitiveness officer and named sales and marketing boss Jerome Stoll as chief performance officer.

JLR Commits $1.8 Billion to Expand Jaguar Lineup

9/9/2013

Tata Motors Ltd.'s Jaguar Land Rover unit confirms it is developing at least two new models to expand the Jaguar brand into higher-volume market segments beginning in 2015.