NEWS

America to Be Leading Global Oil Producer by 2020

11/12/2012

The U.S. will overtake Saudi Arabia as the world's largest petroleum producer by about 2020 because of America's boom in extracting oil from shale, according to the International Energy Agency.

U.S. to Be Biggest Global Oil Producer by 2020

11/12/2012

America will overtake Saudi Arabia as the world's largest petroleum producer by about 2020 because of the U.S. boom in extracting oil from shale, according to the International Energy Agency.

Honda Reveals New Civic's Styling

11/12/2012

Honda Motor Co. has released photos of its redesigned 2013 Civic sedan ahead of the car's public debut on Nov. 29 at the Los Angeles auto show.

Daihatsu to Move Powertrain R&D Work

11/12/2012

Toyota Motor Corp.'s Daihatsu minivehicle unit plans to relocate its powertrain development operations in 2014 from its main plant near Osaka in south central Japan to its engine factory on the southern island of Kyushu, The Nikkei reports.

Daihatsu to Relocate Powertrain R&D Operations

11/12/2012

Toyota Motor Corp.'s Daihatsu minivehicle unit plans to move its powertrain development work in 2014 from its main plant in Osaka Prefecture in south central Japan to a subsidiary's engine factory in Fukuoka Prefecture at the southern island of Kyushu, The Nikkei reports.

Toyota to More Than Double Capacity in Indonesia

11/12/2012

Toyota Motor Corp. says it will invest about 13 trillion rupiah ($1.3 billion) in Indonesia over the next five years on projects that include boosting its annual production capacity to 250,000 vehicles by 2014 from 110,000 units now.

Netherlands to Test Glow-in-the-Dark Highway

11/12/2012

Dutch researchers plan next year to begin road testing luminescent lane marking paint and several other highway safety ideas in the Netherlands.

GM in Talks to Buy Ally’s Overseas Units

11/12/2012

General Motors Co. is in advanced negotiations to acquire Ally Financial Inc.'s auto-lending operations in Europe and Latin America for $4 billion, according to news reports that cite anonymous sources.

Japanese Firms Will Buy Stake in Renesas

11/11/2012

Eight Japanese companies have agreed to invest about $126 million to acquire a combined 5% stake in struggling microchip maker Renesas Electronics Corp., The Nikkei reports.

Japanese Firms to Aid Ailing Renesas

11/11/2012

Eight Japanese companies have agreed to invest about $126 million to acquire a combined 5% stake in struggling microchip maker Renesas Electronics Corp., The Nikkei reports.