NEWS

Audi Chooses Mexico Plant Site Near VW Facility

9/4/2012

Volkswagen AG's Audi brand plans to erect a new factory in San Jose Chiapa, Mexico, and begin making the next-generation Q5 crossover vehicle in 2016 for international markets.

Auto Sales Surge 20% in U.S.

9/4/2012

Carmakers sold 1.29 million cars and light trucks in the U.S. last month compared with 1.07 million units in August 2011, according to Autodata Corp.

Passenger Vehicle Sales Surge 20% in U.S.

9/4/2012

Carmakers sold 1.29 million cars and light trucks in America last month compared with 1.07 million units in August 2011, according to Autodata Corp.

U.S Auto Sales Jump 20% As Car Demand Surges

9/4/2012

Carmakers sold 1.29 million cars and light trucks in America last month compared with 1.07 million units in August 2011, according to Autodata Corp.

American Gasoline Prices Jumped 9% in August

9/4/2012

U.S. gasoline prices surged to $3.83 per gallon nationwide on Aug. 31 from $3.52 at the end of July, the AAA Daily Fuel Gauge Report.

Japan’s Vehicle Output Climbs 17%

9/4/2012

Automakers produced 922,700 cars, trucks and buses in Japan in July compared with 790,300 vehicles a year earlier, the Japan Automobile Manufacturers Assn. reports.

Vehicle Output in Japan Climbs 17%

9/4/2012

Automakers produced 922,700 cars, trucks and buses in Japan in July compared with 790,300 vehicles a year earlier, the Japan Automobile Manufacturers Assn. reports.

Fed’s Bernanke Indicates Economic Stimulus Likely

9/4/2012

Federal Reserve Chairman Ben Bernanke says the central bank's bond-buying programs have provided "meaningful support" to the economic recovery.

Hyundai Workers Accept New Korean Contract

9/4/2012

Hourly workers at Hyundai Motor Co. in South Korea have ratified a new labor agreement by a 53:47 margin, thus ending a series of costly ministrikes since mid-July.

PSA to Develop New Vans at French Plant

9/4/2012

PSA Peugeot Citroen plans to invest more than €750 million to upgrade its plant in Sevelnord, France, and develop a new light commercial vehicle to be built there.