NEWS

Chinese Group Gets Okay to Buy A123 Assets

1/29/2013

A government regulatory panel has approved Wanxiang Group Corp.'s acquisition of most of the assets of bankrupt lithium-ion battery maker A123 Systems Inc.

Europe May Need 50% Hybrid Mix to Hit 2025 CO2 Target

1/29/2013

Europe's new-car fleet could emit only 70 grams of carbon dioxide per kilometer 2025 if about half of new vehicles sold by then were hybrids, according to an analysis by Ricardo-AEA.

Harley-Davidson Quarterly Profit Shrinks One-Third

1/29/2013

Harley-Davidson Inc.'s net income slumped to $71 million in the fourth quarter of 2012 from $106 million in the same period a year earlier.

Consumer Confidence Drops to 14-Month Low

1/29/2013

Americans became more pessimistic about the economy in January when an increase in federal payroll taxes began to reduce take-home income, according to the New York City-based Conference Board.

Chinese Group Cleared to Buy Battery Maker A123

1/29/2013

A government regulatory panel has approved Wanxiang Group Corp.'s acquisition of most of the assets of bankrupt lithium-ion battery maker A123 Systems Inc.

Alfa Romeo to Get SUV in 2015

1/29/2013

Fiat SpA's troubled Alfa Romeo brand aims to add its first sport-utility vehicle in 2015, according to Bloomberg News, which cites unidentified sources.

Europe’s Commercial Vehicle Sales Fell 12% in 2012

1/29/2013

Registrations of new commercial vehicles across Europe dropped to 1.77 million units last year from 2.01 million units in 2011, industry group ACEA reports.

Commercial Vehicle Sales in Europe Fell 12% in 2012

1/29/2013

Registrations of new commercial vehicles across Europe dropped to 1.77 million units last year from 2.01 million units in 2011, industry group ACEA reports.

Alfa Romeo Plans SUV for 2015

1/29/2013

Fiat SpA's troubled Alfa Romeo brand aims to add its first sport-utility vehicle in 2015, according to Bloomberg News, which cites unidentified sources.

DOT Secretary LaHood Quits

1/29/2013

Ray LaHood, who has led the U.S.