NEWS

NHTSA Asks States to Limit Autonomous Cars

5/30/2013

States should permit self-driving vehicles on public U.S. roads only during supervised tests by vetted organizations, the National Highway Traffic Safety Administration advises.

EU Court Adviser: Revamped VW Law Is Acceptable

5/30/2013

Germany's revisions to the so-called "VW Law" have complied with the terms of a 2007 ruling by the European Court of Justice, according to a senior court adviser.

Marchionne to Stay at Fiat for “Years to Come”

5/30/2013

Sergio Marchionne, CEO of Fiat and Chrysler Group LLC, has indicated that he plans to remain on the job "for years to come," according to Fiat SpA Chairman John Elkann.

Honda Slashes Fit EV Lease Price

5/30/2013

Honda Motor Co. will reduce the monthly payment on U.S. leases of its electric Fit subcompact hatchback by one-third to $259 on June 1 in an effort to jump-start weak sales and match discounting by rivals.

North American Supplier Confidence Grows

5/30/2013

Auto parts makers in North America are more optimistic about the industry's outlook because of stabilizing sales and production in the region, according to the Automobile Supplier Barometer Sentiment Index.

JLR Gains Soften Tata’s Profit Drop

5/30/2013

Tata Motors Ltd. netted 39.5 billion rupees (€545 million) in the fiscal fourth quarter ended March 31 compared with 62.3 billion rupees (€861 million) a year earlier.

Tata Profit Falls 37%

5/30/2013

Tata Motors Ltd. netted 39.5 billion rupees ($702 million) in the fiscal fourth quarter ended March 31 compared with 62.3 billion rupees ($1.1 billion) a year earlier.

Aston Martin Debuts 205-mph Vantage S

5/30/2013

Aston Martin Lagonda Ltd. says the updated V-12 engine in its new Vantage S coupe can push the supercar to a top speed of 205 mph.

GM Names New Top Washington Lobbyist

5/30/2013

General Motors Co. has promoted Victoria Barnes to executive director for federal affairs, The Detroit News reports.

Mitsubishi to End Commercial Vehicle Production

5/30/2013

Mitsubishi Motors Corp. intends to stop developing new commercial vehicles and phase out truck and van production over the next few years, according to The Nikkei, which cites no sources.