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Auto Sales in China Off to Strong Start for 2013
3/11/2013Wholesale deliveries of passenger and commercial vehicles in China climbed 15% in the first two months of 2013 despite a 14% year-over-year decline in February, according to the China Assn. of Automobile Manufacturers.
Nissan Shuffles Execs, Taps COO to Head EV Unit
3/11/2013Nissan Motor Co. has given Chief Operating Officer Toshiyuki Shiga the additional responsibilities of overseeing the company's zero-emission vehicle planning and strategy and its global battery business, effective April 1.
Car Sales Plummet 26% in India
3/11/2013Wholesale deliveries of new passenger cars in India tumbled to 158,500 units in February from 213,400 units a year earlier, the Society of Indian Automobile Manufacturers reports.
NHTSA Drops Ford SUV Rollaway Probe
3/11/2013U.S. safety officials have closed a probe into complaints that certain Ford SUVs could roll away after their transmissions were shifted into Park.
Honda Aims to Turn a Profit in Europe By 2016
3/11/2013Honda Motor Co. now expects to return to profitability in Europe by the fiscal year ending March 2016 two years later than it predicted a year ago, Automotive News Europe reports.
Conti Earnings Soar 52%
3/11/2013Continental AG netted €1.9 billion ($2.5 billion) in 2012 compared with €1.2 billion ($1.6 billion) the year before.
Worldwide Energy Demand for Transportation to Climb 40%
3/11/2013Surging demand for commercial transport will drive a 40%-plus jump in global transportation-related energy use by 2040, according to a new forecast from ExxonMobil.
Transportation Energy Demand to Climb 40% by 2040
3/11/2013Surging demand for commercial transport will drive a 40%-plus jump in worldwide transportation-related energy use by 2040, according to a new forecast from ExxonMobil.
Daimler Employee Bonuses Shrink
3/11/2013Daimler AG's 130,000 employees will each receive €3,200 in profit sharing for last year compared with €4,100 for 2011, reflecting the company's weaker 2012 operating results.
Global Transportation Energy Use to Climb 40% by 2040
3/11/2013Surging demand for commercial transport will drive a 40%-plus jump in worldwide transportation-related energy consumption by 2040, according to a new forecast from ExxonMobil.