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CAW Chooses Ford as Strike Target
9/17/2012The Canadian Auto Workers and Ford Motor Co. entered round-the-clock negotiations ahead of the expiration of their labor contract at 11:59 p.m. on Monday.
Toyota Models Top U.S. Local-Content List
9/17/2012Two vehicles made in North America by Toyota Motor Corp. the Matrix crossover and Avalon sedan have more local content than any other vehicles produced in the region, AutoWeek reports.
Ford Recalls Edge Crossover to Fix Fuel Leak
9/17/2012Ford Motor Co. is recalling 5,800 of its 2012 Edge crossover vehicles to replace a component in the high-pressure fuel system that could leak and cause an engine fire.
Canadian Agency Upgrades GM’s Credit Rating
9/17/2012Toronto-based Dominion Bond Rating Service has raised its rating of General Motors Co. debt by one notch to investment grade.
Ferrari Generates Record Revenue in First Half
9/16/2012Fiat SpA's Ferrari supercar unit netted €101 million in the first six months of 2012 compared with €92 million in the same period last year.
Fuel System Defect Triggers Ford Edge Recall
9/16/2012Ford Motor Co. is recalling 5,800 of its 2012 Edge crossover vehicles in the U.S. and Canada to replace a component in the high-pressure fuel system that could leak and cause an engine fire.
Demand for Stop-Start Systems to Surge
9/14/2012Worldwide installations of automatic engine stop-start systems will surge to 41 million units per year by 2020, about 10 times the current pace, says Pike Research LLC.
Marchionne to CAW: Get Real
9/14/2012Chrysler Group LLC CEO Sergio Marchionne tells reporters that the Canadian Auto Workers union must be more realistic about what it can expect from a new labor contract.
Visteon May Divest Electronics Unit
9/14/2012Visteon Corp. intends to expand its automotive climate-control business and may shed its electronics unit, Bloomberg News reports, citing unidentified sources.
Allison, Dana License Novel CV Technology
9/14/2012Allison Transmission Holdings Inc. and Dana Holding Corp. have agreed to commercialize a new continuously variable transmission for cars, trucks and off-road equipment.