Audi Hybrids Finish 1-2 in Le Mans Race
6/17/2012Audi AG's R18 e-tron hybrid race cars captured the top two positions in the LMP1 class last week's 80th running of the 24 Hours of Le Mans race.
Second Activist Investor Buys Navistar Stake
6/17/2012Activist Investor Mark Rachesky's MHR Fund Management LLC has acquired a 13.6% equity holding in Navistar International Corp., thus becoming the company's largest shareholder.
Ford Aims to Cut Energy Use 25% in Four Years
6/17/2012Ford Motor Co., which figures it reduced the energy used to make a vehicle by 22% over the past six years, aims to cut usage another 25% by 2016.
Audi Unveils Diesel-Powered Q5 Sport Crossover
6/17/2012Volkswagen AG's Audi unit will introduce its first diesel-powered high-performance S model when the SQ5 crossover debuts in Europe early next year.
Cost to Shutter Bochum Plant: €1 Billion
6/17/2012General Motors Co.'s Adam Opel unit is likely to spend about €1 billion to close its assembly plant in Bochum, Germany, according to the WAZ newspaper group.
Ford Expects Brazil’s Auto Market to Set Record in 2012
6/17/2012Ford Motor Co. predicts industrywide vehicle sales in Brazil in 2012 will exceed last year's record 3.4 million units by an unspecified amount, Reuters reports.
Cost to Shutter Opel Plant: €1 Billion
6/17/2012General Motors Co.'s Adam Opel unit is likely to spend about €1 billion ($1.3 billion) to close its assembly plant in Bochum, Germany, according to the WAZ newspaper group.
NHTSA Expands Chevy SUV Door Fire Investigation
6/17/2012A U.S. safety regulators have expanded a probe into door fires in Chevrolet Trailblazer SUVs by 32,400 units to 341,800 vehicles.
VW’s Global Sales Climb 8%
6/17/2012Volkswagen AG sold 763,800 passenger and commercial vehicles worldwide in May compared with 708,800 units a year earlier.
Ford Vows to Cut Energy Used to Build Vehicles 25%
6/17/2012Ford Motor Co., which says it has reduced energy consumption at its plants worldwide by 22% since 2006, aims to cut per-vehicle energy use by an additional 25% by 2016.