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U.S. Gasoline Prices Ease
3/12/2013The average price of gasoline in the US. has slipped 5 cents per gallon since last week to $3.70 per gallon for gasoline nationwide, according to the AAA Daily Fuel Gauge Report.
Volvo Hires Bentley Designer
3/12/2013Volvo Car Corp. has hired Robin Page, who has headed interior design at Bentley Motors Ltd. since 2001, as the Swedish brand's new design director for interiors.
Nissan Plans Big Shift to Advanced High-Strength Steel
3/12/2013Nissan Motor Co. says that by 2017, advanced high-tensile-strength steel will account for as much as 25% of its new-model parts by weight.
EU Seeks Fines Against Germany Over VW Law
3/12/2013The European Commission has asked the EU Court of Justice to impose heavy penalties on Germany for allegedly defying the court's order in 2007 that the country change its so-called "VW Law."
Two PSA Executives Step Down in Shakeup
3/12/2013PSA Peugeot Citroen has dropped its brand and R&D chiefs from its management board, thus reducing that committee to four members, effective April 2.
Renault Shelves Plan for Mercedes-Based Luxury Car
3/12/2013Renault SA tells The Wall Street Journal it has suspended plans to develop a large luxury sedan based on Daimler AG's Mercedes-Benz E-Class platform.
Chrysler Trims Minivan Production
3/12/2013Chrysler Group LLC has halved minivan output at its Windsor, Ont., plant this week to shrink excess inventories.
CAW Opens Early Contracts at GM’s CAMI Plant
3/12/2013The Canadian Auto Workers union says it has started contract negotiations with General Motors Co. at the company's CAMI factory in Ingersoll, Ont.
India’s Amtek to Acquire German Machining Firm
3/12/2013Amtek Auto Ltd., a New Delhi-based maker of forged and cast components, has agreed to buy Neumayer Tekfor Group for an undisclosed price.
Ford Veteran Joe Greenwell to Retire
3/12/2013Joe Greenwell, chairman of Ford of Britain, will retire on April 30 after more than 40 years at Ford Motor Co.