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U.S. Issues Stricter Fuel Efficiency Rules
8/28/2012The Obama administration has finalized fuel economy standards for the 2017-2025 model years that will nearly double the average efficiency of new cars and light trucks over the next 13 years to 54.5 miles per gallon.
Ford Bringing Lincoln Brand to China
8/28/2012Ford Motor Co. says it will introduce its Lincoln brand in China in the second half of 2014.
Lincoln Brand to Debut in China
8/28/2012Ford Motor Co. says it will introduce its Lincoln brand in China in the second half of 2014.
German Business Confidence Falls to 29-Month Low
8/28/2012The optimism of Germany companies waned from July to August, marking the fourth consecutive month of decline, says the Munich-based Ifo Institute for Economic Research.
Hertz to Buy Dollar Thrifty
8/28/2012Hertz Global Holdings Inc. has agreed to buy Dollar Thrifty Automotive Group Inc. for $2.6 billion, after a five-year takeover struggle.
Toyota Sues Former Contractor for Trade Secrets Theft
8/28/2012Toyota Motor Corp.'s U.S. manufacturing and engineering unit has filed a lawsuit in federal court in Kentucky against a former information technology contractor for allegedly stealing proprietary data about the carmaker's components.
Navistar Replaces CEO with Ex-Textron Executive
8/28/2012Dan Ustian resigned as president, CEO and chairman of Navistar International Corp., which has struggled since his diesel emissions strategy resulted in an engine that failed to meet U.S. regulatory standards.
Fired CEO Sues Lotus
8/28/2012Dany Bahar, who was ousted as CEO of Group Lotus in June, has sued the British sports car maker and its Malaysian parent DRB-Hicom Bhd for wrongful dismissal.
Nissan to Import More Parts for Vehicles Made in Japan
8/28/2012Nissan Motor Co. aims to source at least 40% of the parts used by its domestic assembly plants from overseas by the fiscal year ending in March 2017, up from about 30% last year, says The Nikkei, which cites no sources.
Nissan to Source More Parts Overseas for Its Plants in Japan
8/27/2012Nissan Motor Co. aims to import at least 40% of the parts used by its domestic assembly plants by the fiscal year ending March 2017, up from about 30% last year, says The Nikkei, which cites no sources.