BMW Names New Manufacturing Chief for Mini
9/23/2012BMW AG has named Frank Bachmann, head of its future production sites, to take charge of production at its Mini brand on Oct. 1.
PSA Confirms Likely $1.2 Billion Sale of Gefco Stake
9/21/2012PSA Peugeot Citroen says it is holding exclusive negotiations with state-owned JSC Russian Railways (RZD) about a €900 million ($1.2 billion) deal to sell 75% of the carmaker's Gefco logistics unit, as has been widely reported in the news media.
PSA Confirms Terms of Likely Deal with Russian Railways
9/21/2012PSA Peugeot Citroen says it is holding exclusive negotiations with state-owned JSC Russian Railways (RZD) about a €900 million deal to sell 75% of the carmaker's Gefco logistics unit, as has been widely reported in the news media.
GM Will Recall 474,000 Cars to Fix Shifter Flaw
9/21/2012General Motors Co. plans to recall 474,000 of its 2007-2010 Saturn Aura and 2008-2010 Chevrolet Malibu and Pontiac G6 sedans to repair a defect that could allow the vehicle to roll away while the gearshift appears to be in Park.
GM Plans to Recall 474,000 Cars to Fix Shifter Flaw
9/21/2012General Motors Co. is preparing to recall 474,000 of its 2007-2010 Saturn Aura and 2008-2010 Chevrolet Malibu and Pontiac G6 sedans to repair a defect that could allow the vehicle to roll away while indicating it is in Park.
Chrysler’s Labor Costs Will Soon Be Lower than Toyota’s
9/21/2012The Detroit Three automakers are shrinking their labor cost disadvantage to Japanese competitors in the U.S., says Sean McAlinden, senior economist for the Center for Automotive Research.
Auto Veteran Lutz: EVs Are the Future
9/21/2012In the race for more efficient vehicles, "Batteries are going to blow right past fuel cells," declares Bob Lutz, retired General Motors Co. vice chairman and champion of the company's Chevrolet Volt extended-rang hybrid sedan.
Japan’s Carmakers Restart Chinese Plants
9/21/2012Japan's major automakers have resumed work at many of the Chinese factories they idled earlier this week amid a swell of anti-Japanese violence.
Japan’s Carmakers Restart Chinese Plants
9/21/2012Japan's major automakers have resumed work at many of the Chinese factories they idled earlier this week amid a swell of anti-Japanese violence.