NEWS

NA Carmakers Hit 97% of Capacity

2/14/2013

Light-vehicle assembly plants in North America operated at 97% of two-shift rated capacity last year compared with 83% in 2011, according to WardsAuto.com.

Porous Silicon Anode Could Triple Battery Capacity

2/14/2013

Researchers at the University of Southern California say anodes made of porous silicon nanoparticles could help next-generation lithium-ion batteries recharge in 10 minutes and hold three times the energy of current designs.

PSA Reports Record Annual Loss

2/13/2013

PSA Peugeot Citroen swung to a record €5 billion net loss in 2012 year from a €588 million profit in 2011.

U.S. Hikes Gasoline Price Forecast

2/13/2013

Americans will pay an average of $3.55 per gallon this year, down from $3.63 in 2012, mainly because of declining oil prices, the Energy Information Administration estimates.

America to Open Trade Talks with European Union

2/13/2013

The U.S. and the European Union have agreed to start negotiations in June on a free-trade pact between the world's largest trading partners.

EU to Start Free-Trade Talks with U.S.

2/13/2013

The U.S. and EU have agreed to open negotiations in June on a free-trade pact between the world's largest trading partners.

Vehicle Dependability at Record High

2/13/2013

Cars and light trucks produced during the 2010 model year and sold in the U.S. averaged a record-low 126 problems per 100 units three years later, according to the latest vehicle dependability study by J.D.

GM Recruits New Accounting Chief

2/13/2013

General Motors Co. has hired Thomas Timko, a finance executive at Applied Materials Inc., as chief accounting officer and controller, effective March 18.

Audi Engine Boosts Fuel Economy 18%

2/13/2013

Audi AG says the new 2.0-liter turbocharged engine in its S3 Sportback model averages nearly 34 mpg on the European test cycle compared to 28 mpg for the model's previous 2.0-liter engine.

Spanish System Sharpens GPS Accuracy to One Meter

2/13/2013

Researchers in Spain say they can improve the accuracy of an automotive GPS system 90% by integrating its signal with those from multiple onboard accelerometers and gyroscopes.