NEWS

American Suzuki Caught in Downward Spiral

4/16/2012

Suzuki Motor Corp.'s U.S. operations are shrinking rapidly, and the company is doing little to halt the decline, Automotive News reports.

Jaguar, Land Rover Propel Tata Sales Gains

4/16/2012

Tata Motors Ltd. sold 139,700 passenger and commercial vehicles worldwide last month compared with 110,800 units in March 2011.

VW hikes MAN Stake to 73%

4/16/2012

Volkswagen AG has boosted its voting stake in German truckmaker MAN SE to 73% from 59.6%, MAN says.

Tata Group Sales Climb 26%

4/16/2012

Tata Motors Ltd. sold 139,700 passenger and commercial vehicles worldwide last month compared with 110,800 units in March 2011.

German Carmakers Test Diesel Appeal in Japan

4/16/2012

BMW and Daimler are hoping to coax Japanese consumers into considering diesels, which currently power less than 1% of the passenger car fleet there, The Nikkei reports.

IMF Boosts Global Economic Forecast

4/16/2012

The International Monetary Fund expects the world's economies to grow by an average of 4% in 2012 compared with its previous forecast of 3.3% expansion.

IMF Boosts Global Economic Forecast

4/16/2012

The International Monetary Fund expects the world's economies to grow by an average of 4% in 2012 compared with its previous forecast of 3.3% expansion.

Poll: Nearly Half of Europe’s Drivers Text While Driving

4/15/2012

Nearly half of drivers surveyed in six European countries admit they check text messages on their mobile phones while driving even though 95% say doing so is dangerous.

Denso to Move, Expand Tech Center in Shanghai

4/15/2012

Denso Corp. says it will spend 7.2 billion yen ($89 million) by March 2014 to relocate and expand its technical center in Shanghai.

Ford, Dow to Partner on Carbon-Fiber Research

4/15/2012

Ford Motor Co. and the Dow Automotive Systems unit of Dow Chemical Co. have agree to collaborate in a quest to find ways to use carbon-fiber composites in high-volume production vehicles.