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ECB, Bank of England Leave Interest Rates Unchanged
11/8/2012The European Central Bank decided on Thursday to hold its benchmark eurozone rate at the record low of 0.75% where it has been since July.
Ford’s Belgium Workers Protest Plant Closing Plan
11/8/2012Employees from Ford Motor Co.'s assembly plant in Genk, Belgium, gathered outside the company's European headquarters in Cologne, Germany, on Wednesday to protest Ford's plans to close the factory in 2014.
Magna Founder Quits to Focus on Austrian Politics
11/8/2012Frank Stronach, founder and honorary chairman of Canadian auto supplier Magna International Inc., has resigned from the company's board because of his increasing involvement in Austrian politics.
Magna Profit Surges, Founder Stronach Quits Board
11/8/2012Canada's Magna International Inc. netted US$390 million in the third quarter this year compared with $102 million in the same period of 2011.
Jaguar to Recall XF Sedans for Fire Hazard
11/8/2012Tata Motors Ltd.'s Jaguar Cars unit plans to launch a recall in the U.S. next month to repair the fuel tanks in 4,200 XF sport sedans from the 2010-2012 model years.
Opel Drops Electric Minicar Program
11/8/2012General Motors Co.'s Opel unit has scrapped plans to introduce an electric version of its new Adam minicar late next year.
Jaguar to Recall XF Sedans in U.S. for Fire Hazard
11/8/2012Tata Motors Ltd.'s Jaguar Cars unit plans to launch a recall in America next month to repair the fuel tanks in 4,200 XF sport sedans from the 2010-2012 model years.
Opel Adam: Batteries Not Included
11/8/2012General Motors Co.'s Opel unit has scrapped plans to introduce an electric version of its new Adam minicar late next year.
Fire Hazard Prompts Jaguar XF Recall
11/8/2012Tata Motors Ltd.'s Jaguar Cars unit plans to launch a recall in the U.S. next month to repair the fuel tanks in 4,200 of its 2010-2012 model XF sport sedans.
Bosch Sells Stake in Denso
11/8/2012Robert Bosch GmbH has sold its entire 5.4% stake in Denso Corp. for $1.4 billion.