IEA Says IC Efficiency Could Jump 50% by 2030
9/21/2012The 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
9/21/2012The 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%
9/20/2012Fiat 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
9/20/2012Federal 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
9/20/2012Federal 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
9/20/2012Daimler 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
9/20/2012Daimler 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
9/20/2012China'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
9/20/2012China'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
9/20/2012An hourly employee at Chrysler Group LLC's Jefferson North SUV factory in Detroit fatally stabbed a coworker just before 8 a.m. on Thursday.