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U.S. Auto Sales Jump 22%
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.
EV Sales Lagging White House Goal
7/3/2012The White House hopes to have 1 million electric vehicles on U.S. roads by 2015.
Sergio Pininfarina Dies
7/3/2012Automotive design icon Sergio Pininfarina died Monday in Turin, Italy, at age 85.
Union: PSA May Cut 10,000 Jobs in France
7/2/2012PSA Peugeot Citroen, which said last November it would shed 6,000 workers in Europe this year, now plans to eliminate as many as 10,000 jobs just in France nearly 10% of its domestic workforce, Bloomberg News reports.
American Manufacturing Slows
7/2/2012U.S. factory activity contracted in June, the first slowdown since July 2009, according to the Tempe, Ariz.-based Institute for Supply Management.
PSA to Handle GM Logistics in Europe
7/2/2012General Motors Co. has agreed to move most of its European logistics operations to PSA Peugeot Citroen's Gefco unit, starting next year.
Federal-Mogul Buys BorgWarner’s Sparkplug Unit
7/2/2012BorgWarner Inc. is selling its Beru sparkplug business to Federal-Mogul Corp. on undisclosed terms.
PSA to Handle GM Logistics in Europe
7/2/2012General Motors Co. has agreed to move most of its European logistics operations to PSA Peugeot Citroen's Gefco unit, starting next year.
Federal-Mogul Buys BorgWarner’s Sparkplug Unit
7/2/2012BorgWarner Inc. is selling its Beru sparkplug business to Federal-Mogul Corp. on undisclosed terms.
Daimler, Nissan to Share Truck Models in Japan
7/2/2012Nissan Motor Co. and Daimler AG's Mitsubishi Fuso truck unit have signed a preliminary deal to share two truck models in the Japanese market.