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NHTSA Fines Volvo for Delaying Recalls
7/8/2012Volvo Car Corp. has agreed to pay a $1.5 million fine to the U.S.
Mazda to Debut Demio EV in Japan
7/8/2012Mazda Motor Corp. says it will introduce an electric version of its Demio (Mazda2 in other markets) subcompact sedan in October.
Fiat Prices 500 Minivan at €15,600
7/8/2012Fiat SpA's 500L, a stretched four-door version of its 500 city car, has gone on sale in Europe at a starting price of €15,600.
Chevy Volt Line Director Retires
7/8/2012Tony Posawatz, vehicle line director for the Chevrolet Volt plug-in hybrid, left General Motors Co. last Sunday.
VW Agrees to Buy Remaining Stake in Porsche
7/5/2012Volkswagen AG says it will pay $5.5 billion to acquire the 50.1% of holding company Porsche SE's sports car business it does not already own.
VW to Buy Remaining Stake in Porsche for €4.5 Billion
7/5/2012Volkswagen AG says it will pay €4.5 billion to acquire the 50.1% of holding company Porsche SE's sports car business it does not already own.
Ford Expands Design Center
7/5/2012Ford Motor Co. has completed a €12 million remodeling and expansion of its 44-year-old design center in Merkenich-Cologne, Germany.
Ford Overhauls Design Center in Germany
7/5/2012Ford Motor Co. has completed a $15 million remodeling and expansion of its 44-year-old design center in Merkenich-Cologne, Germany.
June Auto Sales Jump 22% in America
7/3/2012Carmakers sold 1.3 million light vehicles in the U.S. last month compared with 1.1 million units in June 2011, according to Autodata Corp.
Japan’s Carmakers Lead 22% Jump in U.S. Auto Sales
7/3/2012Automakers sold 1.3 million light vehicles in the U.S. last month compared with 1.1 million units in June 2011, according to Autodata Corp.