Ford to Keep French Plant Open with Government Aid
5/28/2013Ford Motor Co. has agreed to continue to operate a transmission factory near Bordeaux, France, and retain 1,000 jobs there for at least five years in exchange for €13 million ($11 million) in aid from federal and local governments.
French Aid Persuades Ford to Keep Bordeaux Plant Open
5/28/2013Ford Motor Co. has agreed to continue to operate a transmission factory near Bordeaux, France, and retain 1,000 jobs there for at least five years in exchange for €13 million in aid from federal and local governments.
Ford Warns of Threat from EU Trade Pact with Korea
5/28/2013Ford Motor Co. says the EU should invoke the rules of its free trade agreement with South Korea to restrict the influx of Korean auto imports unless Seoul breaks down its barriers to European-made vehicles.
Toyota’s New Site Selection Criteria Favor Japan, U.S.
5/28/2013Toyota Motor Corp. will focus on locations with a high concentration of suppliers and political and labor stability when choosing future factory sites, The Nikkei reports.
Global Sales of Fuel Cell Vehicles Could Reach 2 Million by 2030
5/28/2013Annual sales of fuel cell-powered cars, buses and scooters will reach only 1,000 units worldwide by 2015 but then surge to 2 million units by 2030, predicts Navigant Consulting Inc.
EV Promoter Better Place Goes Bankrupt
5/27/2013Better Place Inc. the global developer of electric vehicle battery rental, swapping and rapid recharging networks filed a petition in Israel on Sunday to liquidate.
EV Promoter, Renault Partner Better Place Collapses
5/27/2013Better Place Inc. the global developer of electric vehicle battery rental, swapping and rapid recharging networks filed a petition in Israel on Sunday to liquidate.
Nissan Recalls 841,000 Vehicles Worldwide
5/27/2013Nissan Motor Co. is recalling about 841,000 Micra small cars and Cube MPVs to tighten the nut that secures the steering wheel to the steering column.
NHTSA Opens Probe into Ford Pickup Truck Engine Stumbling
5/27/2013The National Highway Traffic Safety Administration has begun a preliminary investigation into 95 complaints that Ford F-150 pickup trucks may stumble during hard acceleration.
Modified Military Humvee Delivers 72% Better Fuel Economy
5/23/2013Ricardo Inc. says the American General HMMWV vehicle its team modified with existing technologies delivers better performance and 72% greater fuel economy than the standard Humvee vehicle.