NEWS

Magna Earnings Climb 13%

3/3/2013

Canada's Magna International Inc. netted US$351 million in the fourth quarter of 2012 compared with $312 million a year earlier.

Honda Suspends Jazz Output in India to Launch Amaze

3/3/2013

Honda Motor Co. says it will stop producing its slow-selling Jazz premium hatchback this month at its plant near New Delhi.

Renault Nears French Labor Pact

3/3/2013

Renault SA and its French unions could reach an agreement within days, the country's Industry Minister Arnaud Montebourg tells national radio network Europe 1.

Carmakers Seek a Delay on Distraction Guidelines

3/3/2013

The Alliance of Automobile Manufacturers is asking U.S. safety officials to rethink proposed guidelines to discourage driver distractions, The Detroit News reports.

Visteon Swings to Quarterly Profit as Sales Grow

3/3/2013

Visteon Corp. posted net earnings of $39 million in the fourth quarter of last year compared with a $26 million loss in the same period of 2011.

Prius Is California’s Top-Selling Nameplate

3/3/2013

Toyota Motor Corp.'s line of Prius hybrid vehicles was California's most popular nameplate last year, according to Polk, the global auto data provider.

PSA In Talks with Russia’s ZIL

3/3/2013

PSA Peugeot Citroen and Moscow-based truckmaker AMO ZIL confirm they have started discussions about sharing light commercial vehicle production in Russia.

Jaguar Land Rover Mulls Full Production in India

3/3/2013

Tata Motors Ltd.'s Jaguar Land Rover unit, which currently assembles several models from kits in India, is exploring the possibility of building vehicles from scratch there, Reuters reports, citing unidentified sources.

Jaguar Land Rover Mulls Full Production in India

3/3/2013

Tata Motors Ltd.'s Jaguar Land Rover unit, which currently assembles several models from kits in India, is exploring the possibility of building vehicles from scratch there, Reuters reports, citing unidentified sources.

Chevrolet Reveals Stingray Convertible Images

3/3/2013

Chevrolet has released two official photos of the convertible Corvette Stingray it will publicly unveil on Tuesday at the Geneva auto show.