NEWS

CAW Authorizes Strikes At Detroit Three Carmakers

8/27/2012

Delegates to the Canadian Auto Worker union's national convention have voted almost unanimously to authorize walkouts at Chrysler, Ford and General Motors if new contracts aren't reached by Sept. 17 when the existing pact expires.

China Approves Realignment of Changan Ford Mazda

8/27/2012

China's National Development and Reform Commission has cleared Chongqing Changan, Ford and Mazda to dissolve their three-way joint venture and replace it with two new ventures.

GM Will Halt Volt Production for Four Weeks

8/27/2012

General Motors Co. confirms it will suspend production of the Chevrolet Volt extended-range hybrid sedan at its Hamtramck, Mich., assembly plant from Sept. 17 to Oct. 12.

GM to Idle Volt Plant for Four Weeks

8/27/2012

General Motors Co. has confirmed a report in Automotive News that the company will suspend production of the Chevrolet Volt extended-range hybrid sedan at its Hamtramck, Mich., assembly plant from Sept. 17 to Oct. 12.

Saab Phoenix May Rise from Ashes Via Spyker, Youngman Deal

8/27/2012

Spyker Cars NV, owner of bankrupt Saab Automobile AB, has reached a tentative equity deal with Zhejiang Youngman Lotus Automobile Co.

Spyker, Youngman to Make Saab-Based Vehicles

8/27/2012

Spyker Cars NV, owner of bankrupt Saab Automobile AB, has reached a tentative equity deal with Zhejiang Youngman Lotus Automobile Co.

Maruti May Hike Capacity of Future Gujarat Plant

8/27/2012

Maruti Suzuki India Ltd. is considering doubling the initial capacity of the assembly plant currently under construction in Mehsana in Gujarat state to 500,000 vehicles per year, according to Dow Jones Newswires.

Honda Expects its U.S. Sales to Jump 27%

8/27/2012

Honda Motor Co. predicts its American sales will reach a five-year high of at least 1.46 million vehicles this year compared with 1.15 million units in 2011, Bloomberg News reports.

Nissan to Double South Africa Capacity

8/27/2012

Nissan Motor Co. plans to spend about 10 billion yen ($127 million) to double its annual assembly capacity in Pretoria, South Africa, to 100,000 vehicles by 2016, The Nikkei reports.

Nissan to Double South Africa Capacity

8/27/2012

Nissan Motor Co. plans to spend about 10 billion yen (€102 million) to double its annual assembly capacity in Pretoria, South Africa, to 100,000 vehicles by 2016, The Nikkei reports.