NEWS

Excess Car Inventory Spurs Maruti to Idle Plant

3/11/2013

Maruti Suzuki India says it suspended work for one day over the past weekend at its largest assembly plant in India.

Third French Union Backs Renault Contract

3/10/2013

CFDT union, which represents 19% of Renault SA's hourly workers in France, has agreed to support a contract the carmaker has reached with two other unions.

U.S. Jobless Rate Eases to 7.7% As Hiring Accelerates

3/10/2013

Employers added 236,000 jobs in America in February compared with an average 195,000 jobs per month in November through January.

Russian Firm to Build Peugeot Cars in Kazakhstan

3/10/2013

PSA Peugeot Citroen has signed an agreement with JSC Agromash Holding to assemble Peugeot cars and light commercial vehicles from kits at a factory in Kazakhstan.

GM Adds Flexibility at CAMI Plant

3/10/2013

General Motor Co. plans to spend $250 million to turn its CAMI assembly plant in Ingersoll, Ont., into a flexible manufacturing facility.

Infiniti to Add Hybrid Version of Large Crossover

3/10/2013

Nissan Motor Co.'s Infiniti unit says the new hybrid powertrain option for its seven-passenger crossover vehicle will be 24% more fuel efficient than the standard version of the vehicle.

GM Touts Efficiency Gains, Calls for Energy Policy Panel

3/8/2013

General Motors Co. CEO Dan Akerson urges the White House to create a blue ribbon commission to develop a cohesive, 30-year energy policy for the U.S.

Fiat Reaches Labor Deal in Italy

3/8/2013

Fiat SpA and its Italian unions have agreed on a one-year contract, which will be retroactive to February.

Chrysler Pays Marchionne $1.1 Million in Stock, Options

3/8/2013

Chrysler-Fiat CEO Sergio Marchionne was awarded $929,000 of Chrysler stock options and $200,000 of deferred stock awards for the company's performance in 2012.

Analyst Expects Bigger Ford, GM Losses in Europe

3/8/2013

Citigroup's research arm predicts Ford Motor Co. and General Motors Co. will lose more money in Europe this year than the companies have forecast, the Detroit Free Press reports.