NEWS

Federal-Mogul Boosts Performance for Aluminum Diesel Pistons

6/19/2012

A new production process is helping Federal-Mogul Corp. make aluminum pistons with the strength and thermal performance to work in exceptionally powerful diesel engines.

Investor Confidence Plunges in Germany

6/19/2012

Optimism among analysts and institutional investors in Germany about their country's economy plummeted 27.2 17 points from May to June the sharpest decline in more than 14 years, says the Center for European Economic Research (ZEW). The indicator is now at -16.9.

Will Toyota Shrink Domestic Capacity?

6/19/2012

Toyota Motor Corp. plans to continue reducing its annual production capacity in Japan which was 3.9 million vehicles before the global financial crisis to 3.1 million units by 2014 from about 3.6 million units this year, The Nikkei reports, without citing sources.

Turkey Dangles Incentives to Lure More Auto Output

6/19/2012

The Turkish government says it will waive tariffs on 15% of a foreign automaker's small-car imports if the company boosts local capacity by at least 100,000 vehicles, Bloomberg News reports, citing a speech by Economy Minister Zafer Caglayan.

EV Analysis: Drive More to Save More

6/19/2012

An electric passenger car costs its owner at least $5,000 (€4,000) more over the vehicle's lifetime than a fossil-fueled car of comparable capacity, according to a policy brief by the International Transport Forum.

Is PSA Close to Announcing Aulnay Plant Closing?

6/18/2012

PSA Peugeot Citroen may announce next month that it intends to shutter its underutilized car assembly plant in the Paris suburb of Aulnay, Les Echos reports, citing the town's mayor.

Ford Sync System Added to Computer History Museum

6/18/2012

The Computer History Museum in Mountain View, Calif., has added a first-generation Ford Motor Co.

Volvo Details 501-hp S60 Concept

6/18/2012

Volvo Car Corp. has revealed details about its high-performance S60 Polestar concept, a sedan that can scurry from zero to 100 kilometers per hour in 3.9 seconds and hit a top speed of more than 300 kph.

VW May Boost MAN Stake Further

6/18/2012

Volkswagen AG, which hiked its stake in MAN AG to 75.03% from 73.8% earlier this month, intends to buy additional voting stock within the next 12 months, according to the Munich-based truckmaker.

Nissan Aims to Double U.S. Sales of Leaf EV

6/18/2012

Nissan Motor Corp. confirms that it expects to boost American sales of its Leaf electric subcompact to about 20,000 units during the current fiscal year ending in March 2013 about 10,000 units in the previous 12 months Bloomberg New reports.