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MMC Still Tracing Cause of Lithium-Ion Battery Problems
4/11/2013Mitsubishi Motors Corp. says "rough handling" of lithium-ion batteries during inspection may contribute to overheating problems that prompted the company to suspend production of plug-in versions of its Outlander crossover vehicle in Japan in late March.
Mitsubishi Extends Production Halt for Plug-in Crossover
4/11/2013Mitsubishi Motors Corp. says "rough handling" of lithium-ion batteries during inspection may be to blame for overheating problems that prompted it to suspend production of plug-in versions of its Outlander crossover.
GM to Invest €4 Billion in Opel Over Three Years
4/10/2013General Motors Co. says it will spend €4 billion on plant upgrades and new-vehicle launches for its Opel unit in Europe between now and 2016.
TRW Predicts Semi-Autonomous Cars by 2016
4/10/2013TRW Automotive Holdings Corp. says the cost of vision-based control systems is dropping so quickly that significant numbers of vehicles with some ability to drive themselves will hit the market in three years.
GM Pledges $5.2 Billion Investment in Opel Over Three Years
4/10/2013General Motors Co. says it will spend €4 billion ($5.2 billion) on plant upgrades and new-vehicle launches for its Opel unit in Europe between now and 2016.
BMW Global Sales Rise 3% to All-Time High
4/10/2013BMW AG sold 191,300 BMW, Mini and Rolls-Royce vehicles worldwide last month, surpassing the previous all-time high of 185,700 units in March 2012.
GM Further Reduces Output in Korea
4/10/2013General Motors Co.'s South Korean unit, which idled its Gunsan plant for six days in March, will suspend production there for nine days this month, according to Reuters.
Fisker Preparing for Bankruptcy?
4/10/2013Beleaguered Fisker Automotive Inc. could file for Chapter 11 bankruptcy protection as soon as this week, according to Reuters, which cites unnamed sources.
BMW Boosts Global Sales 3% to All-Time High
4/10/2013BMW AG sold 191,300 BMW, Mini and Rolls-Royce vehicles worldwide last month, surpassing the previous all-time high of 185,700 units in March 2012.
Maserati Unveils “Affordable” Ghibli Sedan
4/9/2013Maserati SpA has debuted the all-new Ghibli sport sedan ahead of its public unveiling next week at the Shanghai auto show.