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Japan May Fine Five Parts Makers in Anti-Trust Probe
9/24/2012Japan's Fair Trade Commission will impose penalties on five domestic auto suppliers charged with violating anti-trust laws, according to local news reports that cite anonymous sources.
Fiat to VW: We Won’t Sell You Alfa Romeo
9/24/2012Fiat SpA CEO Sergio Marchionne tells Volkswagen AG Chairman Ferdinand Piech who has frequently expressed an interest in buying Fiat's Alfa Romeo brand to "drop it." Marchionne reiterates in a speech in Turin that Alfa is not for sale.
Fiat to Hit 2012 Financial Targets Thanks to Chrysler
9/24/2012Fiat SpA is standing by its financial targets for this year because of rising demand for affiliate Chrysler Group's vehicles in the U.S. and Fiat models in Brazil, according to CEO Sergio Marchionne.
Toyota to Add 21 New Hybrid Models in Three Years
9/24/2012Toyota Motor Corp. says it will expand its lineup of hybrid vehicles by 21 models by the end of 2015.
BMW, PSA Will End Partnership on Hybrids
9/24/2012PSA Peugeot Citroen confirms it is terminating its partnership with BMW AG to develop hybrid technology and vehicles.
PSA Drops BMW Partnership on Hybrids
9/24/2012PSA Peugeot Citroen confirms it is terminating its partnership with BMW AG to develop hybrid technology and vehicles.
Toyota Plans 21 New Hybrid Models in 3 Years
9/24/2012Toyota Motor Corp. says it will expand its lineup of hybrid vehicles by 21 models by the end of 2015.
Honda Seeks to Double Sales in Five Years
9/24/2012Honda Motor Co. aims to sell more than 6 million vehicles worldwide by the fiscal year ending in March 2017 compared with 3.11 million in the 12 months ended March 31.
Fiat Reassures Government It Will Stay in Italy
9/24/2012Fiat SpA aims to boost exports beyond Europe to avoid slashing its planned €20 billion ($26 billion) investment in its factories in Italy, according to Prime Minister Mario Monti.
GM Opens China’s Biggest Proving Ground
9/24/2012General Motors Co. and Shanghai Automotive Industry Corp. say their new 1,400-acre vehicle proving ground in Guangde County is China's largest vehicle providing ground.