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Meritor Taps Interim CEO to Take Job Permanently
8/11/2013Meritor Inc. has appointed Ivor Evans as its chairman, CEO and president, effective immediately.
Car Sales in China Rise 11%
8/9/2013Wholesale deliveries of passenger vehicles in China climbed to 1.24 million units last month from 1.12 million a year earlier, despite the country's tepid economic growth, according to the China Assn. of Automobile Manufacturers.
Car Sales in China Climbed 11% in July
8/9/2013Wholesale deliveries of passenger vehicles in China climbed to 1.24 million units last month from 1.12 million a year earlier, despite the country's tepid economic growth, according to the China Assn. of Automobile Manufacturers.
Magna Boosts Profit, Hikes Full-Year Outlook
8/9/2013Canada's Magna International Inc. hiked its net profit to US$415 million in the second quarter of this year from $349 million a year earlier.
Small Cars Struggle with IIHS’s New Crash Test
8/9/2013Only one of a dozen small car models the Honda Civic earned a top score in the latest batch of offset crash tests by the Insurance Institute for Highway Safety.
Visteon Posts 13% Profit Drop But Raises 2013 Outlook
8/9/2013Visteon Corp. netted $65 million in the second quarter of this year compared with $75 million a year earlier.
GM Aims for 20% Gain in EV Range for Chevy Volt
8/9/2013General Motors Co. hopes to boost the distance a Chevrolet Volt extended-range hybrid can travel without using its onboard recharger to at least 50 miles from about 38 miles today.
Toyota Will Recall Tacoma Pickups for Seatbelt Defect
8/9/2013Toyota Motor Corp. is preparing to recall 342,500 Toyota Tacoma Access Cab pickups to repair a seatbelt assembly that can loosen and detach when the rear door in which it is mounted is repeatedly slammed shut.
German Agency Latest to Declare “Green” Refrigerant Safe
8/9/2013The new European Union-mandated refrigerant HFO-1234yf increases safety risks, but not enough to pose an outright danger to motorists, according to Reuters.
Infiniti Aims for Younger-Minded Buyers with Q30 Concept
8/9/2013Nissan Motor Co.'s Infiniti brand will use next month's Frankfurt auto show to present the Q30 compact luxury car in concept form.