NEWS

IEA Says IC Efficiency Could Jump 50% by 2030

9/21/2012

The fuel efficiency of piston-powered two- and four-wheeled vehicles could be improved 30%-50% from 2005 levels with existing and near-ready technologies, according to the Paris-based International Energy Agency.

CAW Turns to Chrysler After Settling with GM

9/21/2012

The Canadian Auto Workers union has reached a tentative agreement on a new four-year contract with General Motors that hews closely to the terms of the union's deal with Ford earlier this week.

Fiat May Shrink European Management Ranks 20%

9/20/2012

Fiat SpA is eliminating 110 of 550 management positions in Europe at its Fiat, Alfa Romeo and Lancia brands in an effort that began in June, Bloomberg News reports.

Report: EV Programs to Cost $7.5 Billion

9/20/2012

Federal grants to promote electric vehicles and tax credits to consumers who buy them will cost $7.5 billion by 2019 and have little or no short-term impact on overall fuel consumption, according to the Congressional Budget Office.

Report: EV Programs Will Cost $7.5 Billion

9/20/2012

Federal grants to promote electric vehicles and tax credits to consumers who buy them will cost $7.5 billion by 2019 and have little or no short-term impact on overall fuel consumption, according to the Congressional Budget Office.

Daimler Lowers 2012 Outlook for Car Unit

9/20/2012

Daimler AG predicts that operating profit at its Mercedes-Benz Cars subsidiary will decline this year because of worsening prospects in the European market.

Mercedes-Benz Cars Cuts 2012 Profit Outlook

9/20/2012

Daimler AG predicts that operating income at its Mercedes-Benz Cars subsidiary will decline this year because of worsening prospects in the European market.

Nissan Designer to Head SAIC Studio in Europe

9/20/2012

China's Shanghai Automotive Industry Corp. has hired Martin Uhlarik, a designer at Nissan Motor Corp., to head its European design office in London, Automotive News Europe reports.

SAIC Hires Nissan Designer

9/20/2012

China's Shanghai Automotive Industry Corp. has hired Martin Uhlarik, a designer at Nissan Motor Corp., to head its European design office in London, Automotive News Europe reports.

Chrysler Cancels Shifts at Jeep Plant after Murder

9/20/2012

An hourly employee at Chrysler Group LLC's Jefferson North SUV factory in Detroit fatally stabbed a coworker just before 8 a.m. on Thursday.