NEWS

GM Bids for Ally’s International Operations

8/13/2012

General Motors Co.'s finance arm says it submitted an unspecified first-round bid in July for the international business of Ally Financial Inc., the former General Motors Acceptance Corp.

Fisker Investigates Second Karma Hybrid Car Fire

8/13/2012

Fisker Automotive Inc. has dispatched engineers and insurance investigators to probe a fire that broke out in one of its Karma plug-in hybrid sedans on Friday in Woodside, Calif.

Exit of Visteon CEO Sparks Sale Rumors

8/13/2012

Visteon Corp. says Don Stebbins has resigned as its president, CEO and chairman.

Mercedes Recalls Mats That Could Jam Gas Pedal

8/13/2012

Daimler AG's Mercedes-Benz Cars unit is recalling rubber floor mats used in its 2012-2013 ML350, ML550 and ML 64 crossovers that could prevent the vehicle's accelerator pedal from returning to idle.

Mercedes Recalls Mats That Could Jam Gas Pedal

8/13/2012

Daimler AG's Mercedes-Benz Cars unit is recalling rubber floor mats used in its 2012-2013 ML350, ML550 and ML 64 crossovers that could prevent the vehicle's accelerator pedal from returning to idle.

Chrysler Replacing Defective V-6 Cylinder Heads

8/13/2012

Chrysler Group LLC has been installing "more robust" cylinder heads on thousands of customer vehicles powered by the company's 3.6-liter Pentastar V-6 engine, Automotive News reports.

French Government Advisor Probes PSA Job Cuts

8/13/2012

A government-appointed investigator is scheduled to report his findings on Sept. 11 about PSA Peugeot Citroen's plan to shed as many as 8,000 jobs and close an assembly plant in France.

Audi Hikes Global Sales 13%

8/12/2012

Volkswagen AG's Audi unit sold 119,600 vehicles worldwide last month compared with 105,900 units in July 2011 as demand grew in all regions.

G-Tech Develops 330-hp Abarth 500

8/12/2012

G-Tech GmbH, a tuning company based in Stetten, Germany, has developed two heavily modified versions of Fiat's Abarth 500 city car, including one that delivers 330 hp to the front wheels, Leftlane News reports.

Suzuki Teases Crossover Concept

8/12/2012

Suzuki Motor Corp. will show off a C-segment crossover concept late next month at the Paris auto show.