NEWS

Daimler to Expand Michigan Truck Powertrain Plant

12/11/2012

Daimler AG's truck unit will invest $120 million to upgrade a factory in Redford Township, Mich., to produce a fully integrated powertrain for the company's Freightliner and Western Star brand heavy-duty trucks.

Chrysler Eyes Opening Indiana Gearbox Plant

12/10/2012

Chrysler Group LLC is considering completing a transmission factory in Tipton, Ind., to build nine-speed transmissions, the Kokomo Tribune reports.

Japan Bails Out Renesas

12/10/2012

Government-owned Innovation Network Corp. of Japan (INCJ) is investing $1.7 billion to buy a 69.2% stake in floundering chipmaker Renesas Electronics Corp.

Taxi Operators Sue NYC Over Nissan Contract

12/10/2012

Cab operators in New York City have filed a lawsuit claiming the city has overstepped its authority by authorizing only one taxi model a variant of the Nissan NV200 van to replace the 13,200 cabs currently in use there, Bloomberg News reports.

Japan to Take Control of Chipmaker Renesas

12/10/2012

Government-owned Innovation Network Corp. of Japan has agreed to invest 138 billion yen ($1.7 billion) in floundering chipmaker Renesas Electronics Corp. in exchange for a 69.2% stake in the company.

Japan to Take Control of Chipmaker Renesas

12/10/2012

Government-owned Innovation Network Corp. of Japan has agreed to invest 138 billion yen ($1.7 billion) in floundering chipmaker Renesas Electronics Corp. in exchange for a 69.2% stake in the company.

PSA Details New Three-Cylinder Engine

12/10/2012

PSA Peugeot Citroen says its two new three-cylinder engines are more powerful but 20% lighter and as much as 25% more fuel efficient than the four-cylinder powerplants they replace.

PSA Details New Three-Cylinder Engine Family

12/10/2012

PSA Peugeot Citroen says its new three-cylinder engines are more powerful but 20% lighter and as much as 25% more fuel efficient than the four-cylinder powerplants they replace.

Auto Demand Drops 8% in India

12/10/2012

Wholesale deliveries of passenger cars in India, which surged 23% in October, fell to 158,300 units in November from 172,500 units a year earlier, according to the Society of Indian Automobile Manufacturers.

Car Demand in India Drops 8%

12/10/2012

Wholesale deliveries of passenger cars in India, which surged 23% in October, fell to 158,300 units in November from 172,500 units a year earlier, according to the Society of Indian Automobile Manufacturers.