NEWS

Passenger Vehicle Sales in China Climb 13%

5/10/2013

Wholesale deliveries of passenger vehicles in China rose to 1.44 million units last month from 1.28 million units in April 2012, according to the China Assn. of Automobile Manufacturers.

Nissan Names Design, Planning Chiefs for Infiniti Brand

5/10/2013

Nissan Motor Corp. has created two more executive positions to help differentiate its Infiniti luxury brand.

Consumer Reports Gives Tesla EV Top Score

5/9/2013

Consumer Reports has awarded Tesla Motors Inc.'s Model S electric sedan its highest possible test score: 99 out of 100.

Fiat Market Value Surpassed by EV Maker Tesla

5/9/2013

Shares of Tesla Motors Inc. soared 24% on Thursday to close at $69.40 (€52.86). At that price, Tesla has a market capitalization of $8 billion (€6.1 billion), surpassing Fiat SpA's $7.8 billion (€5.9 billion) valuation.

Michigan Specialty Van Maker Seeks a Buyer

5/9/2013

Vehicle Production Group LLC, an Allen Park, Mich.-based maker of wheelchair-accessible vans, suspended operations six months ago, closed its office in February and is now looking for a buyer.

Tesla’s Market Valuation Tops Fiat’s

5/9/2013

Shares of Tesla Motors Inc. soared 24% on Thursday to close at $69.40.

Mazda Names New CEO

5/9/2013

Mazda Motor Corp. has chosen purchasing and production head Masamichi Kogai to become its president and CEO.

Mazda Manufacturing Chief to Become CEO

5/9/2013

Mazda Motor Corp. has named purchasing and production head Masamichi Kogai to become its president and CEO at its shareholder meeting in late June.

Pioneer Nav System Shows Drivers Traffic Photos

5/9/2013

Pioneer Corp. is introducing an in-car navigation system in Japan that can display constantly updated photographs of traffic, including still images shared by other drivers.

Tesla Posts Its First Profit

5/8/2013

Electric vehicle maker Tesla Motors Inc. netted $11 million in the first quarter of this year compared with a $90 million loss in the same period of 2012.