Dealers Rake In Record Profits
3/25/2013New-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
3/25/2013Next 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
3/25/2013Japan 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
3/25/2013Volkswagen 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
3/25/2013Volkswagen 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
3/25/2013Japan 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
3/25/2013Japan 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
3/25/2013Rheinmetall 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
3/25/2013Subaru 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
3/25/2013Zhejiang 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.