NEWS

Honda Verifies Three-Year Product Plans for China

4/10/2012

Honda Motor Co. says it will introduce at least 10 new or redesigned models in China between 2013 and 2015, including three hybrids: the CR-Z sport coupe, Insight sedan and Fit Hybrid.

S&P Raises BorgWarner’s Rating

4/10/2012

Standard & Poor's Ratings Services has hiked the corporate credit rating of BorgWarner Inc. by one notch to BBB+, three steps into investment grade territory.

Audi Posts Record Sales in First Quarter

4/10/2012

Global sales by Volkswagen AG's Audi unit grew to 346,100 vehicles in the first three months of this year the best quarter in the brand's history from 312,500 units in the same period of 2011.

Bosch Names New Chief for North America

4/10/2012

Robert Bosch GmbH has appointed Mike Mansuetti to become president of its North American unit on July 1.

Bosch Names New President for N. American Unit

4/10/2012

Mike Mansuetti will take over as president of Robert Bosch GmbH's North American unit on July 1.

JCI Wins Another USABC Battery Research Contract

4/10/2012

Johnson Controls Inc. will work on ways to cut costs and boost the energy density of lithium-ion battery under a new two-year, $5.5 million contract with the U.S.

Prius Nabs Japan’s Annual Sales Crown Again

4/10/2012

Sales of Toyota Motor Co.'s Prius hybrid climbed 10% to 310,500 units in Japan in the fiscal year that ended March 31, according to the Japan Automobile Dealers Assn.

Prius Nabs Japan’s Annual Sales Crown Again

4/10/2012

Sales of Toyota Motor Co.'s Prius hybrid climbed 10% to 310,500 units in Japan in the fiscal year that ended March 31, according to the Japan Automobile Dealers Assn.

Audi Plans to Boost Hiring in Germany

4/10/2012

Volkswagen AG's Audi unit plans to 2,000 specialists and 700 apprentices and giving permanent status to as many as 700 temporary employees in Germany.

Loyalty Low Among Hybrid Owners

4/10/2012

Only 35% of hybrid car owners in the U.S buy another hybrid when they replace their vehicle, according to Polk, the global auto data provider.