NEWS

Mercedes A-Class Makes Its India Debut

5/31/2013

Daimler AG's Mercedes-Benz brand has introduced its A-Class luxury hatchback in India to compete in the new but increasingly crowded luxury small car segment.

Mercedes Debuts A-Class in India

5/31/2013

Daimler AG's Mercedes-Benz brand has introduced its A-Class luxury hatchback in India to compete in the new but increasingly crowded luxury small car segment.

GM Tweaks Year-Old Chevrolet Malibu Sedan

5/31/2013

General Motors Co. says key updates to its midsize Chevrolet Malibu should help revive sagging demand for the year-old design.

Toyota Venture to Make Hybrid-Vehicle Batteries in China

5/31/2013

Toyota Motor Corp. and China's Hunan Corun New Energy Co. plan to open a factory in Changshu and begin making nickel-metal hydride batteries for hybrid vehicle in about two years, The Nikkei reports.

Mahindra Ekes Out Quarterly Earnings Gain

5/31/2013

Mahindra & Mahindra Ltd. boosted net profit to 8.9 billion rupees ($158 million) in the fiscal fourth quarter ended on March 31 from 8.7 billion rupees ($155 million) a year earlier.

Japanese Carmakers Boost Output in China

5/31/2013

Japan's three largest automakers increased April vehicle production in China after about six months of weak output caused by anti-Japan sentiment that chilled demand there.

U.S. Economic Growth Slower Than Expected

5/31/2013

The American economy expanded at a 2.4% annual rate in the first quarter of 2013 compared with an initial estimate of 2.5% growth, according to the Dept. of Commerce.

Lawsuit Accuses Vehicle Shippers of Price Fixing

5/31/2013

A group of major global maritime transporters of vehicles are being sued in U.S. court in Florida on allegations that they participated in a five-year scheme to fix or inflate international shipping charges.

Tesla Accelerates Plan for Fast-Charger Network

5/30/2013

California-based Tesla Motors Inc. says it will speed up plans to create a network of quick-charge facilities for its electric car customers that strings along both U.S. coasts and runs from Los Angeles to New York.

Caterham Plans Budget-Priced Two-Seater

5/30/2013

Caterham Cars, the British maker of retro-styled two-seaters, says it will introduce a bare-bones version of its iconic sports car this autumn at a price of about $25,900.