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Kia Joins the American Luxury Car Market
5/20/2013The 2014 Cadenza marks Kia Motors Corp.'s first foray into the American luxury car market.
Experian Appoints New Auto Unit Chief
5/20/2013Dublin, Ireland-based information services firm Experian plc has promoted John Gray, senior vice president of sales at its Experian Automotive unit, to president of that business, effective immediately.
Nissan, Mitsubishi Roll Out Their First Co-Developed Minicar
5/20/2013Nissan Motor Co. and Mitsubishi Motors Corp. will begin offering Japanese customers their first jointly developed minicar next month.
GM: Japanese Rivals Unlikely to Start U.S. Price War
5/20/2013General Motors Co. doesn't expect its Japanese competitors to take advantage of the weaker yen to launch a wave of discounts that would undercut the pricing of American carmakers.
Nissan, Mitsubishi to Debut First Shared Minicar
5/20/2013Nissan Motor Co. and Mitsubishi Motors Corp. will begin offering Japanese customers their first jointly developed minicar next month.
Leading Indicators Signal U.S. Growth
5/20/2013The U.S. index of leading economic indicators, a gauge of future growth, rose 0.6% last month, according to the New York City-based Conference Board.
Tesla Raises $1.1 Billion in Debt, Stock Sales
5/20/2013Electric vehicle maker Tesla Motors Inc. generated $1.1 billion from its sale of convertible notes and common stock on Friday one-third more than the company forecast earlier in the week.
Fiat to Expand Dealer Base in India
5/20/2013Fiat SpA intends to double its dealer network In India to 110 outlets by next April as part of its plan to launch nine vehicles there over the next three years.
Michelin Seeks New Labor Deals in France
5/20/2013Michelin & Cie plans to reach new labor agreements with French unions, allowing the tiremaker to operate its plants more flexibly and better adapt to changing demand.
Navistar Sells RV Unit
5/20/2013Navistar International Corp. has sold its recreational vehicle business to privately held Allied Specialty Vehicles for an unspecified price.