NEWS

Audi Completes Ducati Acquisition

7/20/2012

Volkswagen AG's Audi unit has completed the €860 million ($1.1 billion) purchase of Italian motorcycle maker Ducati Motor Holding SpA.

Maruti Manager Killed in Factory Riot in India

7/20/2012

Violence escalated sharply at Maruti Suzuki India Ltd.'s assembly plant in Manesar, India, on Wednesday when a manager died in a fire during a riot between workers and company security guards.

Maruti Manager Killed in Factory Riot in India

7/20/2012

Violence escalated sharply at Maruti Suzuki India Ltd.'s assembly plant in Manesar, India, the site of repeated protests over the past year.

Engine Fire Threat Prompts Ford Escape Recall

7/19/2012

Ford Motor Co. has urged owners of 2013 model Escape crossovers not to drive their vehicles until dealers can replace a defective high-pressure fuel line that could split and cause an engine fire.

DOE Report Praises Fuel Cell Advances

7/19/2012

Fuel cell-powered vehicles have made impressive advances in the past seven years and are likely to go into limited production in 2014-2015, according to the U.S.

Honda Breaks Ground for Second Malaysia Plant

7/19/2012

Honda Motor Co. has begun construction of a second assembly line at its existing plant in Malacca, Malaysia, which will double annual capacity at the complex to 100,000 vehicles by the end of next year.

U.S. Leading Indicators Drop

7/19/2012

The American index of leading economic indicators, which rose 0.4% in May, fell 0.3% last month to 95.6, the Conference Board reports.

Former COO Pelata to Leave Renault

7/19/2012

Renault SA says Patrick Pelata, who stepped down as its chief operating officer in April 2011 after taking the blame for a bungled corporate espionage investigation, will leave the company on Aug. 16.

Has VW Revived Talks about Proton Stake?

7/19/2012

Volkswagen AG is interested in acquiring an equity holding in Malaysia's Proton Bhd, according to Manager Magazin, which cites unidentified company sources.

Honda Recall to Fix Faulty Door Latches

7/19/2012

Honda Motor Co. is recalling more than 321,500 vehicles worldwide to repair malfunctioning front door latches.