NEWS

Ford to Reenter U.S. Minivan Market with Model from Spain

11/14/2012

Ford Motor Co., which exited the American minivan market six years ago, plans to return to the segment a year from now with the Transit Connect Wagon that will be built in Valencia, Spain.

Toyota Says Sodium Battery Could Double EV Range

11/14/2012

Toyota Motor Corp.'s work on sodium ion batteries has produced technology that could double the driving range of an electric vehicle, The Nikkei reports.

GM, PSA May Have Shelved Talks About Deeper Ties

11/14/2012

Alliance partners General Motors Co. and PSA Peugeot Citroen have suspended preliminary discussions about extending their strategic alliance, Reuters reports.

Confidence in German Economy Erodes

11/13/2012

European analysts and institutional investors have turned more pessimistic about Germany's economic prospects over the next six months, according to the Centre of European Economic Research (ZEW). The group's sentiment index for Germany dropped to -15.7 this month from -11.5 in October.

Renault Would Swap Plant Guarantees for Labor Cuts

11/13/2012

Renault SA confirms it has offered to commit to keeping all its factories in France open for an agreement with its unions for lower pay and less restrictive work rules.

Ford Poised to Reenter U.S. Minivan Market

11/13/2012

Ford Motor Co., which exited the American minivan market six years ago, plans to return to the segment a year from now with the Transit Connect Wagon.

OESA Names New Chairman

11/13/2012

Jacqueline Dedo, chief strategy officer at Dana Holding Corp., has been elected to a one-year term as chair of the Original Equipment Suppliers Assn.

Global Sales of VW-Brand Cars Climb 16%

11/13/2012

Volkswagen AG reports it sold 501,300 cars worldwide under its namesake brand in October compared with 430,900 units a year earlier, despite stagnant demand in Europe at 140,000 units.

VW Brand Boosts Global Sales 16%

11/13/2012

Volkswagen AG reports it sold 501,300 cars worldwide under its namesake brand in October compared with 430,900 units a year earlier, despite stagnant demand in Europe.

McLaren Gears Up to Supply EV Race Cars

11/13/2012

McLaren Group has been signed to build at least 42 electric cars for a new Formula E racing series scheduled to begin in 2014.