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Volvo Cars Plans Cost Reductions
1/17/2013Volvo Cars Corp. must undertake "considerable" cost cutting to reach its goal of breaking by 2014, CEO Hakan Samuelsson tells The Wall Street Journal.
Opel Debuts New 4-Cylinder Diesel Family
1/17/2013General Motors Co.'s Opel unit has introduced a new family of 1.6-liter turbodiesel engines that will replace the company's 1.7-liter lineup and some of its 2.0-liter diesels.
Plug-in Ford Fusion Touts 620-Mile Range
1/17/2013Ford Motor Co. says its 2013 Fusion Energi plug-in hybrid can travel 21 miles in electric mode and another 599 miles using its gasoline engine.
Toyota Settles Sudden-Acceleration Case
1/17/2013Toyota Motor Corp. has settled a wrongful death lawsuit involving the fatal crash of a Toyota Camry sedan in Utah that was scheduled to go to trial on Feb. 19.
U.S. Hires Advisers to Aid Sale of Its GM Shares
1/17/2013The U.S. Dept. of the Treasury has hired Citigroup Inc. and JPMorgan Chase & Co. to manage the sale of the government's remaining 300.1 million shares of General Motors Co. stock.
Car Buyers Worry More About Styling Than Quality
1/17/2013As average vehicle quality improves, looks and image are becoming bigger factors in which vehicle to buy, according to the J.D.
Nissan EV Parts Plant to Supply Hybrid Components
1/17/2013Nissan Motor Co. says its electric-car parts factory in Smyrna, Tenn., will soon expand output to include batteries and powertrain components for hybrids.
Ford: European Loss to Top $1.5 Billion This Year
1/16/2013Ford Motor Co., which predicted last year that its European operations would lose $3 billion in 2012-2013, now projects a larger loss for that unit.
Nissan Aims to Reduce Ties to Yen
1/16/2013CEO Carlos Ghosn tells Bloomberg TV that Nissan Motor Co. intends to continue decreasing its exposure to the yen, "no matter what."
World Bank Cuts Growth Outlook
1/16/2013The global economy, which expanded an estimated 2.3% in 2012, will grow 2.4% this year, the World Bank predicts.