NEWS

Dealers Rake In Record Profits

3/25/2013

New-vehicle dealerships in the U.S. earned an average of $843,700 in 2012, up 6% year over year to an all-time high, Automotive News reports.

Nissan Recalls Delivery Vans for Rollaway Risk

3/25/2013

Next month Nissan Motor Co. will begin fixing a defect in about 18,900 NV delivery vans that could allow the trucks to roll away when parked.

EU, Japan to Open Free-Trade Talks in April

3/25/2013

Japan and the EU have agreed to begin negotiations next month about a free-trade pact that could take two or three years to come to fruition.

VW Vows to Meet EU Emissions Goal by 2020

3/25/2013

Volkswagen Group CEO Martin Winterkorn pledges that the company will do "everything in our power" to achieve Europe's target that new vehicles emit an average of only 95 g/km by 2020.

VW Vows to Meet Europe CO2 Emission Goal by 2020

3/25/2013

Volkswagen Group CEO Martin Winterkorn pledges that the company will do "everything in our power" to achieve Europe's target that new vehicles emit an average of only 95 g/km by 2020.

EU, Japan to Open Free-Trade Talks in April

3/25/2013

Japan and the European Union have agreed to begin negotiations next month about a free-trade pact that could take two or three years to come to fruition.

Japan, EU to Open Free-Trade Talks in April

3/25/2013

Japan and the European Union have agreed to begin negotiations next month about a free-trade pact that could take two or three years to come to fruition.

Germany’s KSPG Opens Engine Valve Plant in China

3/25/2013

Rheinmetall Group's KSPG unit has started production at a new factory near Shanghai that makes electric throttle valves and pneumatic exhaust-gas recirculation valves.

Subaru of America COO to Become Its President

3/25/2013

Subaru Motors Corp. has promoted Tom Doll, CFO and chief operating officer of its U.S. unit, to president, effective April 1.

Geely Teams with Kandi on EVs for China

3/25/2013

Zhejiang Geely Holdings Group has formed a 50:50 joint venture with Chinese electric vehicle maker Kandi Technologies Inc. to develop, produce and sell EVs and parts.