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Americas Chief May Succeed Mulally as Ford CEO
9/11/2012Ford Motor Co.'s board of directors is likely to promote Mark Fields, president of its America's unit, to chief operating officer when it meets on Thursday, Bloomberg News reports, citing an unidentified source.
Fields May Succeed Ford CEO Mulally in 2014
9/11/2012Ford Motor Co.'s board of directors is likely to promote Mark Fields, president of its America's unit, to chief operating officer when it meets on Thursday, Bloomberg News reports, citing an unidentified source.
Worldwide Auto Output May Set Record in 2012
9/11/2012Car and light-truck producers appear headed for a global record of at least 80 million units in 2012, according to the Worldwatch Institute in Washington, D.C.
Global Auto Output Could Set Record in 2012
9/11/2012Car and light-truck producers appear headed for a record of at least 80 million units worldwide in 2012, according to the Worldwatch Institute in Washington, D.C.
Global Vehicle Output Heads for Record
9/11/2012Car and light-truck producers appear headed for a worldwide record of at least 80 million units in 2012, according to the Worldwatch Institute in Washington, D.C.
Porsche Boosts Sales Target for Macan Small Crossover
9/11/2012Porsche AG now expects first-year sales of its upcoming Macan small crossover to reach 75,000 units a 50% hike from the forecast announced in February, according to WirtschaftsWoche, which cites no sources.
Porsche Hikes Sales Goal for Macan Crossover
9/11/2012Porsche AG now expects first-year sales of its upcoming Macan small crossover to reach 75,000 units a 50% boost from the forecast announced in February, says WirtschaftsWoche, which cites no sources.
Investor Icahn Lashes Out at Navistar Board
9/11/2012Activist investor Carl Icahn has fired off an open letter to the directors of ailing Navistar international Corp. that harshly criticizes their performance and demands that the company immediately grant four board seats to its largest shareholders.
Hyundai Forms Engine Venture with Cummins
9/11/2012Hyundai Heavy Industries Co. and Cummins Inc. have created a $66 million, 50:50 joint venture to produce diesel engines in South Korea for use in Hyundai construction and industrial equipment.
Auto Sales in China Grow 8%
9/11/2012Wholesale deliveries of passenger and commercial vehicles rose to 1.50 million units last month compared with 1.38 million in August 2011, according to the China Assn. of Automobile Manufacturers.