NEWS

GM May Be Nearing Sale of French Plant

11/26/2012

General Motors Co. says it is in advanced talks to sell its transmission factory in Strasbourg, France.

Aston Martin Draws Two Final Bidders

11/26/2012

Aston Martin Lagonda Ltd. has attracted two final bidders India's Mahindra & Mahindra and the U.K.'s Investindustrial to buy a 40% of the company, according to media reports.

VW to Invest €50 Billion Through 2015

11/25/2012

Volkswagen AG will spend €50.2 billion on plants, new vehicles and research over the next three years, according to the company's latest short-term business plan.

Nissan Adds Brazil to Infiniti Brand Rollout

11/25/2012

Nissan Motor Co. says it will debut its Infiniti luxury brand in Brazil in 2014.

Economic Indicators Point to Moderate Growth

11/25/2012

The U.S. index of leading economic indicators, which rose a revised 0.5 points from August to September, gained 0.2 points to 96.0 last month, according to the New York City-based Conference Board.

GM, U-Mich Patent Linear Engine for Extended-Range Hybrids

11/25/2012

A recently patented powertrain system would extend the range of electric vehicles and hybrids by replenishing their batteries with power from linear alternators powered by four free-piston engines.

U.S. Consumer Confidence Highest Since 2007

11/25/2012

Americans are increasingly optimistic about the domestic economy as they become more confident that the job market will improve over the next 12 months, the University of Michigan reports.

Toyota Develops 600-hp Lexus LS Sedan Concept

11/25/2012

On Friday Toyota Motor Corp. will unveil a 600-hp concept super sedan the TS-650 that is expected to have a top speed of 200 mph.

Renault to Boost Output in Spain

11/25/2012

Renault SA says it will hike annual production at its assembly plant in Palencia, Spain, by about 40,000 units to 280,000 vehicles between 2014 and 2016.

Mahindra, Equity Firm Bid for Aston Martin

11/25/2012

U.K. private equity firm Investindustrial and Indian SUV maker Mahindra & Mahindra are the finalists in a bidding for a 50% voting stake in Aston Martin Lagonda, according to news reports.