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Mulally Might Stay at Ford as Non-Executive Chairman
9/13/2012Ford Motor Co. is considering keeping CEO Alan Mulally around as non-executive chairman after his retirement, Reuters reports.
Sliding Metals Show Fluid Behavior
9/13/2012When metals slide across each other, their surfaces form tiny bumps, swirls, vortexes and cracks.
Fiat Eyes Second Plant in China
9/13/2012Fiat SpA is considering erecting a new assembly plant in southern China, Jack Cheng, general manager of the company's Chinese joint venture with Guangzhou Automobiles Group Co., tells Bloomberg News.
Autos Become Slightly More Affordable in U.S.
9/13/2012It took 22.9 weeks of median family income to purchase and finance the average new car or light truck in the second quarter of this year compared with 23.2 weeks in the first quarter, according to Comerica Bank's Auto Affordability Index.
Ghosn: China’s Auto Growth Disappointing
9/13/2012The Chinese auto market is expanding more slowly that most carmakers expected, says Renault-Nissan CEO Carlos Ghosn.
Lamborghini Recalls Gallardo Supercars
9/13/2012Volkswagen AG's Lamborghini unit is recalling nearly 1,500 of its Gallardo Spyder and Coupe supercars to fix a power steering leak that could cause a fire.
Fiat Expects Better Financial Results This Year
9/13/2012Fiat SpA will improve its financial results in 2012 over last year despite the Italian market's current plunge to a 40-year low, Chairman John Elkann tells Italian weekly Panorama.
Ghosn: “Mediocre” European Sales But No “Armageddon”
9/13/2012Renault-Nissan CEO Carlos Ghosn expects tells Bloomberg Television it will take years for Europe's auto industry to recover from excess capacity and declining demand.
Nissan to Present Fuel Cell Concept in Paris
9/13/2012Nissan Motor Co.'s TeRRA concept is an fuel cell-powered SUV driven by three electric motors that eliminate the need for a driveshaft tunnel.
Opel Denies It Plans to Cut 1,000 Jobs
9/13/2012General Motors Co.'s Opel unit dismisses a news report that the company intends to shed one-third of the 3,300 administrative positions at its headquarters in Russelsheim, Germany, as part of its sweeping restructuring.