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Sweden Probes Saab Payments to Chairman Muller
5/23/2013Sweden's Financial Crimes Unit says it intends to question former Saab Automobile Chairman Victor Muller in connection with a criminal investigation of tax accounting at the defunct carmaker.
Sweden Probes Saab Payments to Chairman Muller
5/23/2013Sweden's Financial Crimes Unit says it intends to question former Saab Automobile Chairman Victor Muller in connection with a criminal investigation of tax accounting at the defunct carmaker.
Nissan Recalls 841,000 Vehicles Worldwide
5/23/2013Nissan Motor Co. is recalling about 841,000 Micra supermini cars and Cube MPVs to tighten the nut that secures the steering wheel to the steering column.
Subaru Predicts Record U.S. Sales This Year
5/23/2013Fuji Heavy Industries Ltd. expects its Subaru unit to reach its midterm goal of selling a record 350,000 vehicles in the U.S. during the current fiscal year two years ahead of schedule, The Nikkei reports.
Subaru Predicts Record U.S. Sales This Year
5/23/2013Fuji Heavy Industries Ltd. expects its Subaru unit to reach its midterm goal of selling a record 350,000 vehicles in the U.S. during the current fiscal year two years ahead of schedule, The Nikkei reports.
Nissan Recalls 841,000 Vehicles Worldwide
5/23/2013Nissan Motor Co. is recalling about 841,000 Micra/March small cars and Cube MPVs to tighten the nut that secures the steering wheel to the steering column.
U.S. Auto Veterans Penske, LaSorda Launch Venture Fund
5/23/2013Car racing mogul Roger Penske and former Chrysler President Tom LaSorda have started IncWell LLC, a venture capital fund to invest in technology startups.
Ford to Shut Down Production in Australia
5/23/2013Ford Motor Co. says it will phase out production operations in Australia by October 2016 after losing $600 million in the country in the past five years.
Tesla Repays DOE Loan
5/23/2013Electric vehicle maker Tesla Motors Inc. says it has repaid the remaining $452 million it owed on a $465 million loan from the U.S. Dept. of Energy nine years ahead of schedule.
Report: Global EV Production Outlook “Gloomy”
5/23/2013Electric and plug-in hybrid vehicles remain financially unappealing for carmakers in spite of improving technology and lower costs.