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GM to Open Next IT Center Near Atlanta
1/10/2013General Motors Co. is opening its third big information technology center this one in Roswell, Ga. later this year.
Honda to Launch Hybrid Accord Production in U.S.
1/10/2013Honda Motor Co. is expanding its assembly plant in Marysville, Ohio, to being making hybrid versions of its Accord sedan this summer.
GM Aims to Return to Investment Grade Rating Soon
1/10/2013General Motors Co. is working with ratings agencies in hopes of winning an upgrade of the company's credit rating to investment grade this year, CEO Dan Akerson tells reporters.
Visteon Moves Closer to Sale of Unit to Korean Subsidiary
1/10/2013Visteon Corp. has reached a final agreement to sell most of its automotive climate-control business to its South Korean affiliate, Halla Climate Control Corp., thus consolidating all its operations in that sector.
Lexus Will Debut New Sport Sedan at Detroit Auto Show
1/10/2013Toyota Motor Corp.'s Lexus unit will publicly introduce two restyled F Sport versions of its IS sedan next Tuesday at the Detroit auto show.
Judge Rejects Class-Action Claims in Toyota Brake Case
1/10/2013A federal judge in California has dismissed a request to grant class-action status to a lawsuit filed by four owners of Toyota Motor Corp. vehicles, Bloomberg News reports.
Ford Doubles Dividend
1/10/2013Ford Motor Co. has doubled its quarterly dividend to 10 cents per share, starting with the March 1 payment to shareholders of record on Jan. 30.
Mahindra Invests in South Korean Unit
1/10/2013India's Mahindra & Mahindra Ltd. and its South Korean unit SsangYong Motor plan to jointly invest $900 million over the next five years to develop three new vehicle platforms and six engines.
GM, Isuzu May Jointly Develop Pickup Truck
1/10/2013General Motors Co. and Isuzu Motors Ltd. have agreed to discuss co-developing a next-generation pickup truck for emerging markets.
GM in Talks About Pension Buyouts for UAW Retirees
1/10/2013General Motors Co. is holding discussions with the United Auto Workers union about offering lump-sum pension buyouts to the company's U.S. hourly retirees, CEO Dan Akerson tells reporters.