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Honda Outlines Three New Hybrids
9/24/2012Honda Motor Co. confirms it will roll out a trio of new hybrid systems over the next three years in Japan, Europe and the U.S.
Audi Developing Electric Bi-Turbo System
9/24/2012Volkswagen AG's Audi unit has developed a prototype electric turbocharger system to provide low-speed boost in conjunction with higher-speed conventional turbocharging.
Daimler May Seek €1 Billion in Cost Cuts
9/24/2012Daimler AG, which said last week its Mercedes-Benz Cars unit has launched a new cost reduction initiative, aims to save at least €1 billion ($1.3 billion) over an unspecified period, according to news reports.
U.S. Auto Sales Could Reach 15 Million Units in 2013
9/24/2012Light vehicle sales in America will reach a six-year high of 15 million vehicles next year compared with an estimated 14.4 million units in 2012, predicts online auto data provider Edmunds.com.
JLR Wins Government Approval for Plant in China
9/24/2012China's National Development and Reform Commission has given permission for Jaguar Land Rover and Chery Automobile Co. to form a 12.1 billion-yuan (€1.5 billion) joint venture to make Land Rover SUVs and Jaguar cars.
China Approves Chery-JLR Joint Venture
9/24/2012Chery Automobile Co. and Jaguar Land Rover have received permission from China's National Development and Reform Commission to form a 12.1 billion-yuan ($1.9 billion) joint venture to make Land Rover SUVs and Jaguar cars.
Jaguar Land Rover Wins Approval for Plant in China
9/24/2012China's National Development and Reform Commission has given permission for Jaguar Land Rover and Chery Automobile Co. to form a 12.1 billion-yuan ($1.9 billion) joint venture to make Land Rover SUVs and Jaguar cars.
Canadian Workers Accept Ford Pact
9/23/2012Members of the Canadian Auto Workers union at Ford Motor Co. have ratified a tentative four-year contract with the company by an 82:18 margin.
Marketing Chief Leaves BMW
9/23/2012BMW AG says Uwe Ellinghaus, manager of its namesake brand and head of group marketing, will step down on Oct. 15.
Volvo CEO Jacoby Takes Sick Leave
9/23/2012Volvo Car Corp. says CEO Stefan Jacoby has taken a one-month sick leave following a mild stroke last week.