NEWS

Japan Economic Sentiment Worsens

12/14/2012

Japan's large manufacturers are increasingly glum about the country's economic outlook, according to the Bank of Japan.

Study Finds Possible New Cause of Battery Aging

12/14/2012

Lithium-ion batteries used in hybrids and electric cars slowly lose their charge capacity.

GM Charts Its Own Path to Boost Truck Fuel Economy

12/14/2012

General Motors Co. is taking a different approach to pickup truck fuel efficiency than rivals Ford and Chrysler.

Subaru Delays U.S. Capacity Decision

12/14/2012

President Yasuyuki Yoshinaga tells Bloomberg News that Fuji Heavy Industries Ltd. has postponed until March a decision about whether to expand its North American factory capacity.

Porsche May Launch Ad Agency Review

12/14/2012

Porsche AG is putting put the $19 million creative portion of its U.S. advertising account up for review, Ad Age reports, citing unidentified sources.

Mercedes Concedes U.S. Luxury Sales Race

12/13/2012

Daimler AG, which aimed to make Mercedes-Benz America's top-selling luxury car brand this year, no longer expects to prevail over BMW AG, Mercedes' U.S. sales chief Steve Cannon tells reporters.

U.S. Producer Prices Drop

12/13/2012

Wholesale prices in the U.S. slid 0.8% last month from October to November, mainly because of a 4.6% decline in energy costs, the Dept. of Labor reports.

Study: 18% Lighter Vehicles Feasible in Five Years

12/13/2012

Carmakers could reduce the weight of their next-generation light-duty vehicles 18% as soon as 2017 without raising production costs or reducing performance and crashworthiness, according to a report for the U.S.

German Insurer Taps Ex-VW CEO as Chairman

12/13/2012

Bernd Pischetsrieder, whose automotive career included stints as CEO of Volkswagen and BMW, has been appointed chairman of the supervisory board of German insurance company Munich Re Group.

Marchionne to Unveil Plan to Make Fiat, Jeep SUVs in Italy

12/13/2012

Fiat SpA says CEO Sergio Marchionne and Chairman John Elkann will disclose details on Dec. 20 of its plan to produce Fiat and Jeep SUVs at its factory in Melfi, Italy.