NEWS

Toyota Widens Lead Over GM in Global Sales

10/29/2012

Toyota Motor Corp. sold 2.43 million vehicles worldwide in the quarter ended Sept. 30, including its Daihatsu and Hino subsidiaries, up 18% from a year earlier.

GM’s German Labor Talks Could Stretch into 2013

10/29/2012

Germany's IG Metall union says it will continue to negotiate with General Motors Co.'s Opel unit about the company's restructuring plans, even though an Oct. 26 deadline for an agreement has passed.

Mitsubishi Distribution Chief for France Resigns

10/29/2012

Jean-Claude Debard, president of Mitsubishi Motor Corp.'s independent dealer network in France, has stepped down after calling French Industry Minister Arnaud Montebourg a "moron." MMC apologized for Debard's "discourteous remarks" to reporters, which were quoted in La Provence newspaper.

Fiat to Cut Output of Panda Minicar

10/29/2012

Fiat SpA plans to suspend production at its assembly plant in Pomigliano, Italy, for two weeks beginning Nov. 26 because of slumping sales of the Panda city car made there.

BMW to Recall 7 Series to Fix Shift System Flaw

10/29/2012

BMW AG is preparing to recall 45,500 of its top-of-the-line 7 Series sedans in the U.S. because the vehicles may not shift into Park as expected.

Shift Flaw Prompts BMW to Recall 7 Series

10/28/2012

BMW AG is preparing to recall 45,500 of its top-of-the-line 7 Series sedans in the U.S. because the vehicles may not shift into Park as expected.

Aston Martin Ponders a V-12 City Car

10/28/2012

Aston Martin Lagonda Ltd. is pondering the idea of squeezing its 6.0-liter, 510-hp V-12 engine into the company's Toyota iQ-based Cygnet city car, Autocar reports.

Mercedes-Benz to Debut Pedestrian Collision Avoidance System

10/28/2012

Next year Daimler AG's Mercedes-Benz Cars unit will introduce an optional system that uses radar and a camera to detect pedestrians and takes evasive action to avoid hitting them, Automotive News Europe reports.

Ford Appoints New Chief of India Unit

10/28/2012

Ford Motor Co. has named Joginder Singh to become president and managing director of its India unit on Dec. 1.

U.S. Economy Growth Picks Up in Third Quarter

10/28/2012

America's gross domestic product, which grew at a 1.3% annual rate in the second quarter of this year, expanded at a 2% pace in the three months ended Sept. 30, the Dept. of Commerce reports.