NEWS

Skydiver Breaks Sound Barrier in 24-Mile Jump

10/15/2012

Felix Baumgartner, a 43-year-old Austrian adventurer, successfully jumped from a height of 128,100 feet on Sunday.

Germany’s MAN Braces for Tougher Year Ahead

10/14/2012

Munich-based truckmaker MAN SE expects the commercial truck market to be even more difficult in 2013 than this year.

Nissan to Expand India Dealer Network Fourfold

10/14/2012

Nissan Motor Co. plans to quadruple its retail base in India to more than 300 outlets by the fiscal year ending March 31, 2017, mainly by opening dealerships in midsize cities, The Nikkei reports.

London Taxi Maker Suspends Sales to Fix Defect

10/14/2012

Manganese Bronze Holdings plc, the maker of the iconic boxy London black taxi cab, has recalled about 400 of its TX4 taxis built since February to fix a steering flaw.

Honda Won’t Pull Back on Investment in China

10/14/2012

President Takanobu Ito tells Bloomberg News that Honda Motor Co. won't change its investment plans for China despite the company's plunging sales there.

Opel's German Union Seeks Labor Deal This Month

10/14/2012

Germany's IG Metall union wants to reach a contract with General Motors Co.'s Opel unit by Oct. 26.

Honda Won’t Scale Back Investment in China

10/14/2012

President Takanobu Ito tells Bloomberg News that Honda Motor Co. won't change its investment plans for China despite the company's plunging sales there.

Deal to Build Jeeps in Russia Nears Completion

10/14/2012

Fiat SpA will finalize by year-end an agreement to erect a Jeep factory near St.

Fiat Nears Deal for Russia Jeep Plant

10/14/2012

Fiat SpA will finalize by year-end an agreement to erect a Jeep factory near St.

Would GM Merge Opel with PSA?

10/12/2012

General Motors Co.'s Opel unit and PSA Peugeot Citroen are in talks about combining their auto operations in a joint venture, thus expanding the alliance they created in February, according to news reports that cite unidentified sources.