Audi Chooses Mexico Plant Site Near VW Facility
9/4/2012Volkswagen 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.
9/4/2012Carmakers 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.
9/4/2012Carmakers 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
9/4/2012Carmakers 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
9/4/2012U.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%
9/4/2012Automakers 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%
9/4/2012Automakers 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
9/4/2012Federal 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
9/4/2012Hourly 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
9/4/2012PSA 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.