NEWS

Jeep Sets Global Sales Record in 2012

1/10/2013

Chrysler Group LLC's Jeep brand boosted worldwide sales 19% to 701,600 vehicles last year, thus achieving its third straight year of double-digit growth.

U.S. Vehicle Recalls Rose 8% in 2012

1/9/2013

Recalls by the seven top-selling carmakers in America grew to 13.5 million units last year from 12.5 million units in 2011, according to The Detroit News.

Union Trust Presses Chrysler to Move Toward IPO

1/9/2013

The union-run retiree healthcare trust that owns 41.5% of Chrysler Group LLC has demanded that the company start the process of launching an initial public offering.

VW Seeks to Acquire Remainder of MAN

1/9/2013

Volkswagen AG says it intends to buy the 26.3% of German truckmaker MAN AG that it doesn't already own.

Retiree Trust Pushes Chrysler Toward IPO

1/9/2013

The union-run retiree healthcare trust that owns 41.5% of Chrysler Group LLC has demanded that the company start the process of launching an initial public offering.

Audi Q5 Crossover Adds 354-hp Gasoline Engine

1/9/2013

Audi AG will use next week's Detroit auto show to introduce the first gasoline-powered version of its SQ5 high-performance crossover vehicle.

Isuzu, GM Discuss Pickup Truck Co-Development

1/9/2013

General Motors Co. says it is in talks with Isuzu Motors Ltd. about jointly developing a next-generation pickup truck.

GM Discusses Pickup Truck Venture with Isuzu

1/9/2013

General Motors Co. says it is in talks with Isuzu Motors Ltd. about jointly developing a next-generation pickup truck.

Nissan Launches Leaf Production in U.S., Promises Lower-Cost Model

1/9/2013

This week Nissan Motor Co. will formally begin mass-producing Leaf electric car at its plant in Smyrna, Tenn.

South Africa Auto Sales Growth Slowed to 9% Last Year

1/9/2013

Demand for motor vehicles in South Africa climbed to 623,900 units in 2012 compared with 571,400 units in 2011, according to the National Assn. of Automobile Manufacturers of South Africa.