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Guardian Industries Elects CEO
12/27/2012Guardian Industries Corp., which has not had a CEO since 2009, has named Ron Vaupel to that post, effective Jan. 1.
EPA Chief to Step Down in January
12/27/2012Lisa Jackson, who has headed the U.S. Environmental Protection Agency since 2008, has resigned, effective in late January. The White House has not yet announced a successor.
NY Court Dismisses Porsche Fraud Lawsuit
12/27/2012Porsche Automobil Holding SE prevailed in arguing that a fraud lawsuit filed in New York by 26 hedge funds should be rejected because the U.S. has no jurisdiction.
U.S. Court Dismisses Porsche Fraud Lawsuit
12/27/2012Porsche Automobil Holding SE prevailed in arguing that a fraud lawsuit filed in New York by 26 hedge funds should be rejected because the U.S. has no jurisdiction.
Audi Plans to Spend $17 Billion to Expand Lineup, Capacity
12/27/2012Volkswagen AG's Audi luxury car unit says it will invest $17 billion through 2016 on products, technology and capacity.
Toyota Agrees to Pay $1.1 Billion to End Acceleration Lawsuit
12/27/2012Toyota Motor Corp. agreed on Wednesday to pay about $1.1 billion to settle a class-action lawsuit about claims that its vehicles could accelerate unexpectedly.
Suzuki Plans Third Plant in India
12/24/2012Maruti Suzuki India Ltd. says it will open a third assembly plant in India in 2015.
Analysis: Fiat Must Cut Capacity in Europe
12/24/2012To balance capacity with demand, Fiat SpA needs to eliminate 700,000 units of annual capacity the equivalent of two assembly plants in Europe, says Bloomberg News.
Toyota Camry, Prius Rate “Poor” in Crash Test
12/24/2012Two Toyota cars, the best-selling Camry sedan and new Prius v hybrid wagon, earned "poor" ratings in the Insurance Institute for Highway Safety's tough new "small overlap" frontal crash test.
November Truck Sales in Europe Plunge 18%
12/24/2012Demand for commercial vehicles across Europe sagged to 146,400 units last month from 179,100 units in November 2011, according to ACEA.