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Detroit Electric Unveils EV Sports Car
4/3/2013Detroit Electric Holdings Ltd. says its first electric vehicle the $135,000 SP:01 will be the world's fastest pure EV when it goes on sale in August.
Ford to Boost SUV Output in Spain 10%
4/3/2013Ford Motor Co. plans to hike annual production of its new generation of Kuga compact SUV at its plant in Valencia, Spain, by 8,000 units to 88,000 units this year.
Hyundai-Kia to Recall 1.9 Million Cars in Two Campaigns
4/3/2013Hyundai Motor Co. and its Kia Motors affiliate will recall nearly 1.7 million vehicles in the U.S. to replace faulty brake switches that could cause several safety-related problems.
Auto Sales Dip in Canada
4/3/2013Carmakers sold 156,700 cars and light trucks in Canada in March compared with a record 157,000 units a year earlier, according to DesRosiers Automotive Consultants Inc.
VW Will Add 50,000 Jobs in U.S., Emerging Markets by 2018
4/3/2013Volkswagen AG plans to expand its global workforce to 600,000 employees by 2018 from 550,000 now, the company's top labor official tells German business daily Handelsblatt.
VW Will Add 50,000 Jobs by 2018
4/3/2013Volkswagen AG plans to expand its global workforce to 600,000 employees by 2018 from 550,000 now, the company's top labor official tells German business daily Handelsblatt.
S. Africa Sales Drop for First Time in Three Years
4/3/2013Sales of new cars, trucks and buses in South Africa slipped to 54,900 units last month from 56,200 units a year earlier, the country's Dept. of Trade and Industry reports.
Edmunds Boosts U.S. Sales Outlook for 2013
4/3/2013Auto data provider Edmunds.com has raised its forecast for U.S. light vehicle sales this year to 15.5 million units a jump of 1 million units from 2012.
Economic Growth Flagging in Russia
4/3/2013Russia's gross domestic product expanded 2% in the fourth quarter of 2012 compared with a year earlier, according to the country's Federal Statistics Service.
Russia's Economic Growth Slows
4/3/2013Russia's gross domestic product expanded 2% in the fourth quarter of 2012 compared with a year earlier, according to the country's Federal Statistics Service.