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Imports Brands May Grab 8% of Japan Car Sales in 2013
5/22/2013Imported passenger vehicles, which accounted for 7.7% of Japan's car market last year, could capture a record 8% share this calendar year, according to The Nikkei.
Sweden Charges Top Saab Executives with Fraud
5/22/2013Swedish authorities have arrested three former top executives of Saab Automobile AB on charges of accounting fraud.
Mercedes Drops Electric Van Program
5/22/2013Daimler AG tells Car and Driver it has stopped selling Vito E-Cell electric delivery vans in Europe because of a lack of demand.
Opel Logistics Unit in Bochum Will Stay Open Until 2016
5/22/2013General Motors Co.'s Opel unit tells Bloomberg News the company will keep its parts distribution center in Bochum, Germany, open until 2016 when its contract with Neovia Logistics Services LLC expires.
Mercedes to Build Big SUVs in India
5/21/2013Daimler AG plans to begin producing the Mercedes-Benz GL-Class big SUV at its factory in Pune, India, in September.
Mercedes to Build Big SUVs in India
5/21/2013Daimler AG plans to begin producing the Mercedes-Benz GL-Class big SUV at its factory in Pune, India, in September.
Schaeffler Profit Dips 1% on European Industrial Slowdown
5/21/2013Schaeffler Group posted net income of €233 million in the first quarter of this year compared with €235 million a year earlier.
Lutz Group, Chinese Supplier Offer to Buy Fisker
5/21/2013VL Automotive, a boutique carmaker co-founded by Bob Lutz, and China's Wanxiang Group have offered to acquire Fisker Automotive Inc. if the ailing hybrid carmaker files for bankruptcy, according to Reuters.
U.S. Ethanol Capacity Unchanged
5/21/2013America began 2013 with capacity to make 13.9 billion gallons of ethanol per year, an increase of less than 1% from a year earlier, according to the U.S.
Wanxiang, U.S. Specialty Carmaker Seek to Buy Fisker
5/21/2013China's Wanxiang Group and American boutique carmaker VL Automotive have offered to acquire Fisker Automotive Inc. but only if the ailing U.S. hybrid vehicle maker files for bankruptcy, according to Reuters.