Audi’s U.S. Head to Become Global Infiniti Chief
6/4/2012Nissan Motor Co. has hired Johan de Nysschen, a 19-year veteran of Volkswagen AG's Audi unit, to become senior vice president in charge of the Infiniti luxury brand on July 1.
Nissan Nabs Audi’s U.S. Chief to Run Infiniti
6/4/2012Nissan Motor Co. has hired Johan de Nysschen, a 19-year veteran of Volkswagen AG's Audi unit, to become senior vice president in charge of the Infiniti luxury brand on July 1.
Fiat May Postpone Launch of Two Models
6/4/2012Fiat SpA will postpone the European introduction of the next-generation Grande Punto supermini and Bravo midsize car originally scheduled for next year until at least 2014, The Wall Street Journal reports.
U.S. Consumer Spending Rises
6/4/2012U.S. consumer spending, which rose a revised 0.2% from February to March, increased 0.3% in April, the Dept. of Commerce says.
Mazda Will Supply Clean Diesels for 2013 Racing Series
6/4/2012Mazda Motor Corp. says it will provide race-prepared versions of its new four-cylinder Skyactiv-D diesel engine for next year's Grand Am GX Class racing series.
GM to Shrink Pension Liabilities
6/3/2012General Motors Co. is overhauling its U.S pension plan for salaried workers to reduce its obligation by about $26 billion, or one-fifth.
VW Shakes Up Management
6/3/2012Volkswagen AG has named new chiefs for trucks and Chinese operations and will replace three senior Audi managers as part of an overhaul to help the company reach its goal of becoming the world's largest automaker by 2018.
Auto Sales Surge 66% in Japan
6/3/2012Carmakers sold 395,000 new cars, minivehicles, trucks and buses in Japan last month compared with 237,900 units in May 2011, according to industry trade groups.
Developer Touts Gyro-Stabilized Electric Two-Wheeler
6/3/2012San Francisco-based Lit Motors is developing an enclosed motorcycle that uses a pair of gyroscopes to maintain its balance even at rest.
U.S. Job Growth Stalls
6/3/2012Employers added a scant 69,000 jobs in the U.S. in May, the smallest monthly increase in a year, the Dept. of Labor reports.