NEWS

One Platform to Carry 40% of Honda’s Output

1/4/2013

Honda Motor Co. is developing a single platform for its three most popular models the Civic small sedan, Accord midsize sedan and CR-V crossover that it expects to cut related purchasing costs 30%, according to The Nikkei, which cites no sources.

U.S. Ends 2012 with 7.8% Unemployment

1/4/2013

Employers, who added an upwardly revised 161,000 U.S. jobs in November, hired another 155,000 workers in December, according to the Dept. of Labor.

BMW Retains American Luxury Sales Crown

1/4/2013

BMW AG's namesake brand was the top-selling luxury marque in the U.S. for the second consecutive year in 2012, thanks to a 39% December surge to 37,400 vehicles.

American Car Sales Climbed 9% in December

1/3/2013

Sales of new light vehicles in the U.S. grew to 1.36 million units in December from 1.24 million units a year earlier, according to Autodata Corp.

U.S. Auto Sales Jumped 13% in 2012

1/3/2013

Automakers sold 14.49 million cars and light trucks in America last year compared with 12.78 million units in 2011, research firm Autodata Corp. reports.

Light Vehicle Sales Jumped 13% in U.S. Last Year

1/3/2013

Automakers sold 14.49 million cars and light trucks in America in 2012 compared with 12.78 million units the year before, research firm Autodata Corp. reports.

Blown Engines Dominate Ward’s Top 10 List

1/3/2013

Six of the 10 best engines selected by Wardsauto.com for 2013 are turbocharged or supercharged.

Fiat Seeks Additional Chrysler Stake

1/3/2013

Fiat SpA has formally asked a union-run retiree healthcare trust to sell it another 3.3% stake in Chrysler Group LLC for $198 million (€151 million).

GM Sticks with New Refrigerant, VW Balks

1/3/2013

General Motors Co. says it will go ahead with plans to switch to a more environmentally friendly air-conditioning refrigerant in spite of warnings by Daimler AG that the fluid could catch fire in a crash and release toxic fumes.

U.S. Light Vehicle Sales Jumped 13% in 2012

1/3/2013

Automakers sold 14.49 million cars and light trucks in America last year compared with 12.78 million units in 2011, Autodata Corp. reports.