NEWS

Commercial Vehicle Sales Drop 12% in Europe

9/28/2012

Registrations of new commercial vehicles across Europe fell to 109,200 units in August from 123,500 units a year earlier, as the region's recession eroded business demand, automaker group ACEA reports.

Panamera Wagon Concept Revealed

9/28/2012

Volkswagen AG's Porsche unit has unveiled a wagon version of its four-door sedan, dubbed the Panamera Sport Turismo.

Daimler, Renault-Nissan Widen Powertrain Tie-up

9/28/2012

The Renault-Nissan alliance and Daimler AG have added new engine and transmission projects to their partnership.

Porsche Shows Panamera Wagon Concept

9/28/2012

Volkswagen AG's Porsche unit has revealed a wagon version of its four-door sedan, dubbed the Panamera Sport Turismo.

Creditor Lawsuit Could Cost GM Nearly $1 Billion

9/28/2012

A lawsuit by General Motors Co. bondholders could cost the company as much as $918 million, CFO Dan Amman tells a U.S. bankruptcy court.

China Snubs Toyota Chairman

9/27/2012

Fujio Cho, chairman of Toyota Motor Corp. and the Japan-China Economic Assn., was unable to attend a meeting with senior Chinese leaders in Beijing on Thursday.

Magna Founder Stronach Seeks Austrian Presidency

9/27/2012

Frank Stronach, founder and honorary chairman of Canada's Magna International Inc., has launched a campaign to become Austria's next president.

Chrysler Mulls Third Shift at Pickup Truck Plant

9/27/2012

Chrysler Group LLC's Ram truck brand says it is looking "very, very closely" at adding a third shift at its truck factory in Warren, Mich.

GM’s Canadian Workers Approve New Contract

9/27/2012

Members of the Canadian Auto Workers union at General Motors Co. have ratified a tentative agreement with the company by a 73:27 margin.

Maserati’s American-Made SUV: Levante

9/27/2012

Fiat SpA's Maserati unit tells reporters at the Paris auto show that the production version of its Kubang SUV concept will be called the Levante.