NEWS

GM to Expand Engine Output, Add Jobs in Upstate New York

12/16/2012

General Motors Co says it expects to add more than 500 jobs at its Tonawanda, N.Y., powertrain plant, about a 50% jump in the workforce there, as production of three new engines begins early next year.

Dutch Company Completes Acquisition of NedCar

12/16/2012

Mitsubishi Motors Corp. has sold its shares in Netherlands Car BV, known as "NedCar," to VDL Groep BV for a token €1.

Mitsubishi Motors Completes Sale of NedCar

12/16/2012

VDL Groep BV has completed the acquisition of Netherlands Car BV, known as "NedCar," from Mitsubishi Motors Corp. for a token €1.

EU Debate Over New Refrigerant Escalates

12/16/2012

Europe plans to phase out R134a, the auto industry's standard refrigerant for air-conditioning systems, beginning in January.

Debate Over New A/C Refrigerant Escalates

12/16/2012

Europe plans to phase out R134a, the auto industry's standard refrigerant for air-conditioning systems, beginning in January.

Fiat: No Plans to Raise Capital for Chrysler Purchase

12/16/2012

Fiat SpA has rebutted an Italian newspaper report that it is planning to obtain fresh capital to buy the 41.5% of Chrysler Group that it doesn't already own.

Hiking Sales in Russia, Turkey Important to Opel Overhaul

12/16/2012

Interim CEO Thomas Sedran tells WirtschaftsWoche that Adam Opel plans to increase its presence in Russia and Turkey as part of its restructuring goal of hiking sales outside western Europe.

Bentley Names New Europe Chief

12/16/2012

Volkswagen AG's Bentley Motors has hired Bart Gerris as regional director for its European sales and marketing unit, starting Jan. 1.

NHTSA Upgrades Probe Into Ford Unintended Acceleration

12/16/2012

U.S. safety regulators have intensified an investigation into complaints that floor mats in Ford Motor Co.'s Ford Fusion, Lincoln MKZ and Mercury Milan sedans could jam the accelerator pedal.

Europe Car Sales Fall 10%

12/14/2012

Europe's car market shrank 10% to 965,900 units in November as sales fell for every major producer in the region.