NEWS

Autoliv Seeks High-Tech Acquisitions

3/28/2013

Sweden's safety equipment supplier Autoliv Inc. is looking for acquisitions among makers of advanced auto safety technology, Reuters reports.

Daimler Trucks, Dealers Fined by U.K. for Price Fixing

3/28/2013

The U.K.'s Office of Fair Trading has fined Daimler AG's Mercedes-Benz truck unit and five of its dealers 2.8 million (€3.3 million) for anti-competitive activities.

Nissan Postpones China Sales Goal by One Year

3/28/2013

Nissan Motor Co. now aims to capture 10% of China's auto market by 2017, one year later than originally planned, Reuters reports.

Nissan Debuts Hybrid Powertrain for Pathfinder Crossover

3/28/2013

Nissan Motor Co. will add a hybrid option for its Pathfinder crossover in the U.S. late this summer.

Fisker Lays Off Its Workforce for a Week

3/28/2013

Struggling hybrid vehicle maker Fisker Automotive Inc. has put all 200-plus of its U.S. employees on unpaid leave for a week.

BMW May Raise Executive Retirement Age

3/28/2013

BMW AG's supervisory board is likely to lift the mandatory retirement age for senior executives by two years to 62, Frankfurter Allgemeine Zeitung reports.

German Labor Union Accepts Opel Deal

3/28/2013

The federal executive board of German union IG Metall has approved a restructuring agreement between General Motors Co.'s Opel unit and the works councils at the company's plants in Germany.

IG Metall Union Accepts Opel Deal

3/28/2013

The federal executive board of German union IG Metall has approved a restructuring agreement between General Motors Co.'s Opel unit and the works councils at the company's plants in Germany.

VW to Phase Out Chrysler-Based Minivan

3/28/2013

Volkswagen AG tells Automotive News it won't renew a contract for Chrysler Group LLC to supply a minivan for the German carmaker to sell in North America.

VW Confirms It Will Drop Routan Minivan

3/28/2013

Volkswagen AG won't renew a contract for Chrysler Group LLC to supply a minivan for the German carmaker to sell in North America, Automotive News reports.