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Porsche Buys Nardo Test Track
4/11/2012Porsche AG has acquired southern Italy's famed Nardo proving ground from auto testing firm Prototipo SpA.
Porsche Takes Control of Nardo Test Track
4/11/2012Porsche AG is acquiring Italy's famed Nardo proving ground from vehicle testing firm Prototipo SpA.
Test Battery Explodes at GM Lab
4/11/2012General Motors Co. says a prototype lithium-ion battery undergoing "extreme" testing exploded earlier today, causing smoke and a small fire that injured several workers.
Ford’s 3-Cylinder Engine: Efficiency Lies in the Details
4/11/2012More than a dozen efficiency features highlight Ford Motor Co.'s new 1.0-liter, three-cylinder gasoline engine, Automotive Engineering International note online.
Fuji Heavy: No Decision on Chinese Plant
4/11/2012Fuji Heavy Industries Ltd. denies a report by Kyodo News that the company has decided against building an assembly plant in China.
Saab Assets Cover Less Than One-Third of Debts
4/11/2012Saab Automobile AB, which filed for bankruptcy in December, has 13 billion kronor ($1.9 billion) of debt and 3.6 billion kronor ($531 million) of assets, according to the company's court-appointed receivers.
Honda Aims to Double Sales in China
4/11/2012Honda Motor Co. says it intends to boost its sales in China to more than 1.2 million vehicles by 2015 from 617,800 vehicles last year.
Chinese Buyer Eyeing Lotus?
4/11/2012Group Lotus could be acquired by Zhejiang Youngman Lotus Automobile Co., the Chinese distributor that last year sought a stake in Saab Automobile, Autocar reports.
Saab Assets Cover Less Than One-Third of Debts
4/11/2012Saab Automobile AB, which filed for bankruptcy in December, has 13 billion kronor (€1.5 billion) of debt and 3.6 billion kronor (€406 million) of assets, according to the company's court-appointed receivers.