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Global Commercial Vehicle Sales Fall 7%
7/22/2012Worldwide registrations of commercial vehicles declined to 994,300 units in the first quarter of this year compared with 1.07 million in the same period of 2011, Polk estimates.
Autoliv Trims Full-Year Outlook After Profit Drops 13%
7/22/2012Sweden's Autoliv Inc. netted $126 million in the second quarter of 2012 compared with $146 million a year earlier.
Nurburgring Files for Bankruptcy
7/22/2012The state-owned company that runs Germany's legendary Nurburgring race track has filed for bankruptcy after failing to arrange €13 million ($16 million) in emergency financing.
Nissan Confirms Plans to Build Vehicles in Korea
7/22/2012The Renault-Nissan alliance will invest 170 billion won ($150 million to prepare an assembly plant in Busan, South Korea, to begin producing 80,000 next-generation Nissan Rogue crossover vehicles per year in 2014, mainly for the U.S. market.
Renault-Nissan to Invest €120 Million in Renault Samsung
7/22/2012The Renault-Nissan alliance will spend 170 billion won (€120 million) to prepare a South Korean assembly plant run by Renault's Korean unit to begin producing 80,000 Nissan vehicles per year in 2014.
Nissan to Build Vehicles in Korea for U.S. Market
7/22/2012The Renault-Nissan alliance will invest 170 billion won ($149 million) to prepare an assembly plant in Busan, South Korea, to begin producing 80,000 next-generation Nissan Rogue crossover vehicles per year in 2014, mainly for the American market.
Nurburgring Files for Bankruptcy
7/22/2012The state-owned company that runs Germany's legendary Nurburgring race track has filed for bankruptcy after failing to arrange €13 million in emergency financing.
Report: Global Carbon Dioxide Emissions Up 3%
7/20/2012Worldwide emissions of carbon dioxide climbed 1 billion tons to a record 34 billion tons last year, led by a 9% jump in China, according to an annual assessment by the European Commission.
UAW Loses Ford Grievance Claim
7/20/2012An arbitrator has ruled the Ford Motor Co. did not violate the "equality of sacrifice" clause in its contract with the United Auto Workers union when the company reinstated raises and 401(k) matching for its salaried employees.
GM Outlines $400 Million Factory Investment in Mexico
7/20/2012General Motors Co. says it will spend $420 million to increase its production of small cars and transmissions in Mexico and retool for the latest generation of fullsize pickup trucks.