NEWS

Volvo, Dongfeng to Form Chinese Truck Venture

1/27/2013

Volvo AB has agreed to form a commercial truck joint venture with Dongfeng Motor Group Co.

Volvo to Form Truck Venture with China’s Dongfeng

1/27/2013

Volvo AB has agreed to form a commercial truck joint venture with Dongfeng Motor Group Co.

Dongfeng to Form Truck Venture with Volvo in China

1/27/2013

Volvo AB has agreed to form a commercial truck joint venture with Dongfeng Motor Group Co.

VW Plans Big Investment in Spain

1/25/2013

Volkswagen AG says it will spend €785 million over the next five years to retool its assembly plant in Pamplona, Spain, to build the next generation of its Polo supermini.

Opel Sales Chief Quits

1/25/2013

General Motors Co.'s Opel unit has appointed Duncan Aldred as acting sales and marketing chief to replace Alfred Rieck, who resigned after six months in the job.

VW Will Build Golf Small Car in Mexico

1/25/2013

Volkswagen AG confirms it will begin building its next-generation Golf small hatchback at its huge plant in Puebla, Mexico, in the first quarter of 2014.

Strong Won Dents Hyundai Quarterly Profit

1/25/2013

South Korea's Hyundai Motor Co. boosted revenue 11% year over year to 22.7 trillion won ($21.3 billion) in the fourth quarter of 2012.

JCI Unveils 48-Volt Battery for Micro-Hybrids

1/25/2013

Johnson Controls Inc. is rolling out a compact lithium-ion battery for what it sees as a burgeoning market for low-cost micro-hybrid systems that could boost a vehicle's fuel economy 15%-20%.

Saab Production Set to Resume This Summer

1/25/2013

The Saab assembly plant in Trollhattan, Sweden, will begin producing a diesel-powered version of the brand's 9-3 compact car in August, Bloomberg News reports.

Leading Indicators Point to Faster U.S. Growth

1/24/2013

The U.S. index of leading economic indicators, a gauge of future growth, rose a relatively significant 0.5% to 93.9 last month, the New York City-based Conference Board says.