FEV, KSPG Tout Latest EV Range-Extender System
5/6/2012Powertrain engineering firm FEV GmbH and supplier KSPG say their compact range-extender system for electric vehicles can fit under the rear floor of most production cars.
Chrysler to Recall Cars to Replace Fuse
5/6/2012Chrysler Group LLC will recall 119,100 Chrysler 300 and Dodge Charger sedans in the U.S. to replace and relocate a control fuse for antilock brakes and electronic stability control.
Eurozone Economy Shrinks
5/6/2012The eurozone's private sector contracted sharply in April, according to London-based Markit Economics.
Conti Profit Climbs 31% on Record Sales
5/6/2012Continental AG posted net income of €483 million ($635 million) in the first three months of 2012 compared with €369 million ($485 million) in the same period of last year.
Judge Limits Economic-Loss Claims Against Toyota
5/6/2012A federal judge in California has dismissed most claims of Florida and New York plaintiffs who say that sudden-acceleration defects drove down the value of their Toyota Motor Corp. vehicles, Bloomberg News reports.
Car Sales Grow 3% in U.K.
5/4/2012Registrations of new passenger vehicles in Britain rose to 142,300 units last month from 137,700 units in April 2011, the Society of Motor Manufacturers and Traders reports.
Jaguar Land Rover to Boost U.K. Capacity
5/4/2012Tata Motors Ltd.'s Jaguar Land Rover unit plans to spend 200 million (€246 million) to prepare its Castle Bromwich factory near Birmingham, England, to begin producing the new F-Type roadster next year, the Daily Telegraph reports.
Mazda Workers Choose Buyout
5/4/2012Mazda Motor Corp. says more than 100 U.S. employees have agreed to take buyouts and leave the company on July 2, Automotive News reports.
Ohio Court Reverses $2 Billion Verdict Against Ford
5/4/2012The Ohio Court of Appeals has overturned a verdict that would have forced Ford Motor Co. to pay $2 billion to 3,100 U.S. commercial truck dealers.
American Job Creation Slows
5/4/2012Employers in the U.S. who added 154,000 jobs from February to March increased their workforces by only 115,000 jobs in April, the Dept. of Labor reports.