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Faurecia May Launch Exteriors Operations in N. America
8/8/2013Faurecia SA, Europe's leading auto interiors supplier, may set up facilities in Mexico or the U.S. to produce exterior components, says Mike Heneka, president of the company's North America unit.
Faurecia Mulls Exterior Trim Operations in N. America
8/8/2013Faurecia SA, Europe's leading auto interiors supplier, may set up facilities in Mexico or the U.S. to produce exterior components, says Mike Heneka, president of the company's North America unit.
Honda Confirms Plans for New Brazil Car Factory
8/8/2013Honda Motor Co. intends to double its vehicle production capacity in Brazil by erecting a new 1 billion-real ($435 million) assembly plant in Itirapina, Brazil.
Carmakers Step Up N. American Plant Spending
8/8/2013Automakers have announced plans this week for new North American factory investments totaling more than $400 million in a scramble to keep up with rising demand in the region.
Tesla Narrows Quarterly Net Loss As Sales Climb
8/8/2013Tesla Motors Inc. posted a $31 million net loss in the second quarter of 2013 compared with $106 million in the first quarter of last year.
Toyota to Show Hybrid Sports Car Concept
8/8/2013Toyota Motor Corp. plans to unveil the Hybrid-R sports car concept at the Frankfurt auto show next month.
British Researchers Tout High-Temp Capacitors for EVs
8/8/2013Researchers at the U.K.'s National Physical Laboratory have developed an innovative ceramic capacitor they say can withstand a higher operating temperature and thus hold more power than a conventional device.
Opel to Unveil Three-Cylinder Turbo
8/8/2013General Motors Co.'s Adam Opel unit says it will publicly introduce a new 1.0-liter, 3-cylinder turbocharged gasoline engine at the Frankfurt auto show in September.
GM Unlikely to Resume Dividend This Year
8/7/2013CEO Dan Akerson tells Bloomberg Radio that General Motors Co. doesn't plan to pay a dividend to shareholders this year.
Retired GM Execs Lose Legal Appeal on Pension Cuts
8/7/2013A U.S. appeals court has ruled in favor of General Motors Co. by upholding a lower court decision that refused to restore lost pension benefits to more than 100 of the company's retired executives.