NEWS

Auto Sales in Europe Dropped 8% Last Year

1/16/2013

New-car registrations across Europe slumped to 12.53 million units in 2012 compared with 13.59 million units a year earlier, according to industry group ACEA.

December Car Sales Plunge 16% in Europe

1/16/2013

New-car sales across Europe plummeted 16% to 838,400 units in December.

Honda Unveils a New Concept for Upcoming NSX Supercar

1/16/2013

Honda Motor Co., which revealed its Acura NSX supercar in concept form at the Detroit auto show a year ago, used the same venue yesterday to present an "evolution" of that exterior design and a hint about the car's purposeful interior.

Atlas Concept Signals Future of Ford Pickup Trucks

1/16/2013

Ford Motor Co. says the Atlas concept it unveiled this week at the Detroit auto show highlights features likely to appear in future F-Series fullsize pickup trucks.

Chrysler Seeks to Ease Bottlenecks in Jeep Output

1/16/2013

Chrysler Group LLC lost sales of 60,000 to 70,000 Jeep Grand Cherokee and Wrangler SUVs last year because of component shortages that reduced production, Automotive News reports.

GM Predicts Modest Earnings Growth in 2013

1/15/2013

General Motors Co. will post "modestly" higher earnings before interest and taxes this year, according to CFO Dan Ammann.

Subaru Expects to Hike Global Sales 6%

1/15/2013

Fuji Heavy Industries Ltd. predicts its Subaru brand will boost its worldwide volume to a record 750,000 vehicles this year from 706,600 units in 2012.

Subaru Expects to Hike Sales, Add U.S. Capacity

1/15/2013

Fuji Heavy Industries Ltd. predicts its Subaru brand will boost its worldwide volume to a record 750,000 vehicles this year from 706,600 units in 2012.

Renault Aims to Shed 7,500 Jobs in France

1/15/2013

Renault SA has told its unions that the company wants to shrink its workforce in France by 7,500 employees, or 17%, by 2016.

Lutz Ends Stint as GM Advisor

1/15/2013

Bob Lutz, who became a paid consultant to General Motors Co. in September 2011, tells reporters that arrangement ended on Dec. 31.