NEWS

Dutch Developers Show Off Gyrocopter Car

4/3/2012

PAL-V Europe NV has begun flight tests of a two-seat, three-wheeled gyrocopter that can drive 750 miles like a car or fly as far as 315 miles.

Car Sales Drop in Italy, France, Spain

4/3/2012

Automakers sold 233,500 passenger and commercial vehicles in France last month, down 22% from March 2011, according to the CCFA automaker group.

Auto Sales Drop 10% in South Korea

4/3/2012

South Korea's five carmakers sold 120,200 vehicles in the domestic market last month compared with 133,200 units in March 2011, according to company reports.

Fiat Parts Unit Forms Powertrain Venture in China

4/2/2012

Fiat SpA's Magneti Marelli parts unit has established a $19 million joint venture in Changchun, China, with Changchun Fudi Equipment Technology Development Co. to make powertrain components.

Magneti Marelli Forms Chinese Powertrain Venture

4/2/2012

Fiat SpA's Magneti Marelli parts unit has established a €14 million joint venture in Changchun, China, with Changchun Fudi Equipment Technology Development Co. to make powertrain components.

Factory Activity Contracts in Europe

4/2/2012

Manufacturing activity in the eurozone shrank for the eighth straight month in March, according to London-based Markit Economics.

U.S. Factory Activity Keeps Growing

4/2/2012

American manufacturing activity expanded at a faster pace last month than in February, according to the Tempe, Ariz.-based Institute for Supply Management.

Fisker Nina Becomes Fisker Atlantic

4/2/2012

Leaked studio-quality photos of Fisker Automotive Inc.'s new four-door sedan indicate the car, code named Nina, will be called the Atlantic.

Eurozone Jobless Rate Rises

4/2/2012

Unemployment in the 17-member eurozone edged up to 10.8% in February from 10.7% in January, according to EU statistics office Eurostat.

Daihatsu to Jettison Japan’s Only Convertible Minicar

4/2/2012

Daihatsu Motor Co. says it will end production of the tiny Copen roadster, Japan's only miniconvertible, at the end of August.