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American Axle Hikes Quarterly Sales 22%
2/10/2013American Axle & Manufacturing Holdings Inc. boosted revenue to $737 million in the fourth quarter of 2012 compared with $606 million a year earlier.
J.D. Power: U.S. Car Sales to Climb 4% This Year
2/10/2013Automakers will sell 15.1 million new cars and light trucks this year compared with 14.5 million units in 2012, according to J.D.
Auto Sales Rise 5% in Russia
2/10/2013Sales of new passenger and light commercial vehicles in Russia climbed to 162,100 units last month from 154,600 in January 2012, according to the Moscow-based Assn. of European Businesses.
Russia’s Auto Sales Climb 5%
2/10/2013Sales of new passenger and light commercial vehicles in Russia rose to 162,100 units last month from 154,600 in January 2012, according to the Moscow-based Assn. of European Businesses.
Fuel-Sensor Flaw Prompts Renault SUV Recall in China
2/10/2013Renault SA is recalling 61,500 Koleos SUVs in China to replace defective fuel gauge sensors that may fail to deliver accurate fuel-level readings after prolonged use.
Renault Recalls SUVs in China for Fuel Sensor
2/10/2013Renault SA is recalling 61,500 Koleos SUVs in China to replace flawed fuel gauge sensors that may fail to deliver accurate fuel-level readings after prolonged use.
Mini Expects to Set New U.S. Sales Record in 2013
2/10/2013BMW AG's Mini unit predicts that its American deliveries, which rose 15% to a record 66,100 vehicles in 2012, will reach a new all-time high this year, Automotive News reports.
U.S. Trade Gap Shrinks 21% as Oil Exports Surge
2/8/2013America's trade deficit narrowed to $38.5 billion in December from $48.6 billion in November, the Dept. of Commerce reports.
France Mulls Taking Stake in PSA
2/8/2013The French government is considering a plan to aid PSA Peugeot Citroen by buying an unspecified stake in the ailing carmaker.
France Mulls Taking PSA Stake
2/8/2013The French government is considering a plan to aid PSA Peugeot Citroen by buying an unspecified stake in the ailing carmaker.