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PSA, GM Trim Co-Development Plans
12/20/2012General Motors Co. and PSA Peugeot Citroen have finalized plans to co-develop three types of small vehicles and launch the first them under their own brands in 2016.
GM, PSA Finalize Joint Development Plan
12/20/2012General Motors Co. and PSA Peugeot Citroen have finalized plans to co-develop three types of small vehicles and launch the first them under their own brands in 2016.
Former Porsche CEO, CFO Charged
12/19/2012German prosecutors have charged Wendelin Wiedeking, the former Porsche Automobil Holding SE, and ex-CFO Holger Haerter with market manipulation in an options scheme to take over Volkswagen AG.
U.S. to Sell 40% of Its GM Stake As Part of Exit Plan
12/19/2012General Motors Co. will spend $5.5 billion to buy 200 million of its own shares from the U.S.
GM Moving Next-Generation Camaro Production to U.S.
12/19/2012General Motors Co. says it will move assembly operations for its rear-wheel-drive Camaro sport coupe from Oshawa, Ontario, to Lansing, Mich., when the next-generation model debuts roughly three years from now.
Auto Industry Innovation Spreads Out
12/19/2012North American carmakers drove product innovation in the past, but now the focus has shifted to suppliers including newcomers from outside the auto industry, says a new study by Booz & Co.
Report: Lithium-Ion Battery Capacity at Five Times Demand
12/19/2012The world's capacity to make lithium-ion batteries for electric and hybrid vehicles is five times actual demand, according to a report by Menahem Anderman, chairman of the Advanced Automotive Battery Conference.
Auto Loan Delinquencies Drop
12/19/2012Fewer Americans are defaulting on their car payments, the Detroit Free Press reports.
Nissan Adds Infiniti Production at U.K. Plant
12/19/2012Nissan Motor Co. says it will invest 250 million (€308 million) to prepare its factory in Sunderland, England, to begin producing a new Infiniti compact car in 2015.
Nissan U.K. Plant to Make Infiniti Model
12/19/2012Nissan Motor Co. says it will invest 250 million ($406 million) to prepare its factory in Sunderland, England, to begin producing a new Infiniti compact car in 2015.