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Honda Unveils Electric Unicycle
5/17/2012Honda Motor Co. says a rider can easily maneuver its electric Uni-Cub scooter through a crowd by leaning forward, back or from side to side.
Hydrogen Outlook: It’s All About Cost, Infrastructure
5/17/2012The percentage of new U.S. vehicles powered by hydrogen in 2050 could range anywhere from zero to 70%, according to researchers at the Oak Ridge National Laboratory in Tennessee.
Buffett Buys GM Stock
5/17/2012Billionaire Warren Buffett's Berkshire Hathaway Inc. acquired 10 million shares of General Motors Co. for $257 million during the first quarter of 2012.
PSA, Mitsubishi Line Up Loans to Expand Russia Venture
5/16/2012Mitsubishi Motor Corp. and PSA Peugeot Citroen plan to borrow €320 million ($407 million) to triple annual capacity at their joint venture in Kaluga, Russia, by 40,000 vehicles to 125,000 units, The Nikkei reports.
Mitsubishi, PSA Line Up Loans to Expand Russia Venture
5/16/2012Mitsubishi Motor Corp. and PSA Peugeot Citroen plan to borrow €320 million ($407 million) to triple annual capacity at their joint venture in Kaluga, Russia, by 40,000 vehicles to 125,000 units, The Nikkei reports.
British Job Market Improves Slightly
5/16/2012The number of unemployed in the U.K. fell by 45,000 people to 2.63 million from the final three months of 2011 to the first quarter of this year, according to the Office for National Statistics.
IG Metall, German Employers Suspend Contract Talks
5/16/2012German metalworkers union IG Metall and the country's industrial employers have suspended contract negotiations after reaching an impasse, Bloomberg News reports.
Nissan to Boost Altima Capacity in U.S.
5/16/2012Nissan Motor Co. says it plans to add a third shift at its assembly plant in Smyrna, Tenn., later this year to meet anticipated demand for the overhauled Altima midsize sedan.
Nissan to Boost Altima Capacity in U.S.
5/16/2012Nissan Motor Co. says it plans to add a third shift at its assembly plant in Smyrna, Tenn., later this year to meet anticipated demand for the overhauled Altima midsize sedan.