NEWS

Ford, GM to Collaborate on 9- and 10-Speed Gearboxes

4/15/2013

Ford Motor Co. and General Motors Co. have agreed to co-develop a new family of 9- and 10-speed automatic transmissions.

Volvo to Offer Car Deals to Costco Customers

4/15/2013

Zhejiang Geely Holding Group's Volvo Car unit is teaming up with Costco Wholesale Corp. to offer special deals to the warehouse club's 40 million existing members in the U.S. through July 31.

Fiat Rolls Out an Electric 500...for California Only?

4/15/2013

Fiat SpA is poised to introduce an electric version of its tiny 500 city car in California this summer with an aggressive marketing program aimed at overcoming buyer concerns about electrics.

Nissan Mulls New Infiniti Factory in N. America

4/15/2013

Nissan Motor Co. is considering whether to open a new assembly plant in North America in about 2017 with annual capacity of at least 100,000 Infiniti brand vehicles per year, The Wall Street Journal reports.

Daimler to Offer Rental Option for Smart EV

4/14/2013

Starting next month, U.S. buyers of Daimler AG's electrified Smart ForTwo city car will have the choice of renting the vehicle's battery separately, Automotive News Europe reports.

Ford Begins Making New 1.5-Liter EcoBoost Engine

4/14/2013

This month Ford Motor Co. will begin building the latest member of its EcoBoost family of turbocharged engines, a 1.5-liter gasoline powerplant, in Craiova, Romania, later this month.

Schaeffler to Shed As Many As 750 Jobs in Germany

4/14/2013

Precision bearings maker Schaeffler AG plans to dismiss as many as half the 1,500 workers at its factory in Wuppertal, Germany, according to the IG Metall union.

Fiat Debuts 500 EV in California

4/14/2013

Fiat SpA says the electrified version of its 500 city car offers the same ride and handling as the piston-powered version, but with perhaps a bit more zip.

Chrysler’s Ram Chief Joins Nissan

4/14/2013

Nissan Motor Co. has hired Fred Diaz, CEO of Chrysler Group LLC's Ram brand and its Mexico unit, as vice president of sales and marketing for the Nissan brand in North America.

Japan Gets Nod from U.S. to Join Trade Talks

4/14/2013

The U.S. confirms that it has reached an agreement that will allow Japan to participate the Trans-Pacific Partnership free trade negotiations.