NEWS

GM Ousts Marketing Chief Ewanick

7/29/2012

General Motors Co. has dismissed Joel Ewanick, the global chief marketing officer it hired with much fanfare 27 months ago.

Porsche Quarterly Operating Profit Jumps 22%

7/29/2012

Porsche AG posted a €732 million ($893 million) operating profit in the second quarter of this year compared to €599 million ($731 million) in the same period of 2011.

Porsche Quarterly Operating Profit Jumps 22%

7/29/2012

Porsche AG posted a €732 million operating profit in the second quarter of this year compared to €599 million in the same period of 2011.

Mazda to Recall Tribute Crossover for Accelerator Flaw

7/27/2012

Mazda Motor Corp. says it will begin recalling 217,500 Tribute crossover vehicles in the U.S. next month to adjust a cruise control cable that could interfere with throttle operation and cause unintended acceleration.

Mazda to Recall 217,500 Tributes

7/27/2012

Mazda Motor Corp. says it will begin recalling 217,500 Tribute crossover vehicles in the U.S. next month to adjust a cruise control cable that could interfere with throttle operation and cause unintended acceleration.

Report: Ford Plans Aluminum F-150 Pickup

7/27/2012

The next version of Ford Motor Co.'s best-selling F-150 pickup truck due in 2014 will swap aluminum for steel in the body and chassis, The Wall Street Journal reports.

Denso Adds EV Charger to Home Energy System

7/27/2012

Denso Corp. is expanding its experimental home energy management system (HEMS) with a station that can recharge an electric vehicle or transfer power from the EV to the home.

Renault Profit Plummets 39%

7/27/2012

Renault SA netted €746 million in the first six months of this year compared with €1.2 billion in the same period of 2011.

Restructuring Charges Drive Federal-Mogul Loss

7/27/2012

Federal Mogul Corp. recorded a $59 million net loss in the second quarter of this year compared with a $64 million profit a year earlier.

VW Rebukes Fiat’s Marchionne

7/27/2012

Volkswagen AG is lashing out at Fiat-Chrysler CEO Sergio Marchionne over his allegation that VW is pursuing an aggressive pricing strategy in Europe that contributes to shrinking profit margins in the region.