NEWS

Mazda’s New Engine Spawns Production Overhaul

2/13/2013

When Mazda Motor Corp. created its new 2.5-liter four-cylinder engine for the 2014 Mazda6 sedan, it ended up with more than a new powerplant.

Obama Proposes Advanced-Vehicle Fund

2/13/2013

In last night's State of the Union speech, President Barack Obama proposed an Energy Security Trust to support R&D for vehicles that run on biofuels, electricity or natural gas.

VW Global Sales Climb 17%

2/13/2013

Volkswagen AG's namesake marque sold 491,000 passenger vehicles worldwide last month compared with 419,100 units in January 2011.

VW Boosts Global Sales 17%

2/13/2013

Volkswagen AG's namesake brand sold 491,000 passenger vehicles worldwide last month compared with 419,100 units in January 2011, buoyed by sales gains in China and North America.

Investors Demand that Lear Step Up Share Buyback

2/13/2013

Two activist shareholders are urging Lear Corp. to double its stock repurchase program to $2 billion and begin buying the shares immediately.

Michelin Profit Climbs 8%

2/12/2013

Michelin & Cie. netted €1.6 billion last year compared with €1.5 billion in 2011 as revenue rose 4% to €21.5 billion But unit sales fell 6%, and the tiremaker expects no improvement in volume this year.

Nissan Denies Threat to Close Mississippi Factory

2/12/2013

Nissan Motor Co. refutes allegations by the United Auto Workers union that employees at its Canton, Miss., assembly plant were told the facility will close if they vote to unionize.

Carmakers Object to FCC Wi-Fi Spectrum Plan

2/12/2013

U.S. plans to broaden the broadcast spectrum available to wi-fi services could pose a safety threat for upcoming vehicle-to-vehicle communications.

Fiat May Borrow Funds for Chrysler Purchase

2/12/2013

Fiat SpA is discussing with its banks the possibility of a loan to help finance the acquisition of the 41.5% of Chrysler Group LLC that it doesn't already own, according to Bloomberg News.

Fiat Mulls Loan to Fund Chrysler Purchase

2/12/2013

Fiat SpA is discussing with its banks the possibility of a loan to help finance the acquisition of the 41.5% of Chrysler Group LLC that it doesn't already own, according to Bloomberg News.