The Russian ruble sagged to 37.03 per dollar on Friday, its weakest valuation since 1998.
Analysts attribute the decline to threats of new economic sanctions against Russia and a new policy from the Central Bank of Russia to allow the currency to float.
The bank says next year it will abandon its [...]
China’s First Auto Export to U.S.: A Volvo Sedan
Posted: September 2, 2014 at 12:30 am
Volvo Car Corp. CEO Hakan Samuelsson tells reporters in Sweden that Chinese-made versions of its...
Brazil Slips into Recession
Posted: August 29, 2014 at 11:13 pm
Brazil’s gross domestic product, which shrank a revised 0.2% in the first quarter of 2014,...
California Seeks to End EV Rebates for Wealthy Buyers
Posted: August 29, 2014 at 10:58 pm
Calif. Gov. Jerry Brown is expected to sign a bill that sets an income ceiling...
U.S. Court Dismisses Apartheid Claims Against Ford
Posted: August 29, 2014 at 9:50 pm
A federal judge in New York City has dismissed a claim against Ford Motor Co....
Goodyear Names New Global Sales Chief
Posted: August 28, 2014 at 1:42 am
Richard Kellam, formerly global chief customer officer for candymaker Mars Inc., will take over as...
Lear Finalizes Deal to Buy Eagle Ottawa
Posted: August 28, 2014 at 12:33 am
Seatmaker Lear Corp. has agreed to buy automotive leather supplier Eagle Ottawa LLC for $850...
Globalized 2015 Mustang Starts Production
Posted: August 28, 2014 at 12:21 am
Today Ford Motor Co. formally begins production of the restyled 2015 Mustang sport coupe at...
Kia to Build $1 Billion Assembly Plant in Mexico
Posted: August 27, 2014 at 6:53 pm
Kia Motors Corp. confirms reports that it will open an auto factory in Mexico with...
Anti-UAW Faction Aims to Form Union at VW Plant
Posted: August 27, 2014 at 3:25 am
A group of employees at Volkswagen AG’s assembly plant in Chattanooga, Tenn., hopes to create...
Dollie Cole Dies at 84
Posted: August 27, 2014 at 1:06 am
Dollie Cole, the larger-than-life wife of former General Motors Co. President Ed Cole, died on...
CR Rates RAM 1500 Diesel Top Pickup Truck
Posted: August 26, 2014 at 8:46 pm
Consumer Reports has anointed the Ram 1500 EcoDiesel the best fullsize pickup truck on the...
EY Names Miller New Global Automotive Chief
Posted: August 26, 2014 at 12:34 pm
Ernst & Young LLP has named Randy Miller to head its Global Automotive and Transportation...
GM Tech Center Rolls Out Bike Share Scheme
Posted: August 26, 2014 at 12:15 pm
General Motors Co. has partnered with Cambridge, Mass.-based Zagster Inc. to deploy a bicycle-sharing service...
Domestic Brands Narrow Satisfaction Gap with Imports
Posted: August 26, 2014 at 11:31 am
Overall U.S. customer satisfaction with carmakers has dropped for the second consecutive year, but the...
Ford Spending $129 Million on Lincoln Production Upgrades
Posted: August 25, 2014 at 9:07 pm
Ford Motor Co. says it will spend $129 million at its truck plant in Louisville,...
Corvette Museum to Fill Sinkhole, Fix or Display Damaged Cars
Posted: September 2, 2014 at 1:12 am
Chrysler Group LLC is likely to switch from steel to aluminum for the bodywork of...
Ford, Nokia “Green Zone” System Could Boost Hybrid Efficiency
Posted: September 2, 2014 at 12:56 am
Ford Motor Co. and Nokia Corp. are developing a system to enhance the efficiency of...
Jeep Wrangler SUV to Get Aluminum Body?
Posted: September 2, 2014 at 12:17 am
Chrysler Group LLC is likely to switch from steel to aluminum for the bodywork of...
Toyota Gets Michigan Tax Break on Tech Campus
Posted: August 29, 2014 at 11:22 pm
Toyota Motor Corp. has received a $4 million tax break from the state of Michigan...
Audi Launches Global Brake Recall
Posted: August 29, 2014 at 11:03 pm
Audi AG says it will recall about 70,000 diesel-powered 2012-model A4, A5, A6 and A7...
Renault Debuts Shorter, Roomier, Thriftier Twingo City Car
Posted: August 28, 2014 at 10:37 pm
Renault SA has formally introduced its third-generation Twingo city car. The mid-engine/rear-drive four-door hatch rides...
Voice Recognition, Bluetooth Top Customer Complaints
Posted: August 28, 2014 at 9:37 pm
Balky Bluetooth connections and voice recognition systems that don’t recognize voices are consumers’ biggest gripes...
Spider Webs Prompt Suzuki Recall
Posted: August 28, 2014 at 1:27 am
Suzuki Motor Corp. is recalling 19,200 of its 2010-2013 Kizashi small sedans in the U.S....
Audi Touts 48-Volt Electrical System
Posted: August 27, 2014 at 8:46 pm
Audi AG says it is preparing to equip unspecified diesel-powered models with a 48-volt electrical...
GM Moving SRX Crossover Production to U.S.
Posted: August 27, 2014 at 2:48 pm
General Motors Co. is relocating production of the next-generation Cadillac SRX midsize crossover vehicle from...
Volvo Debuts XC90 Flagship Crossover
Posted: August 26, 2014 at 10:37 pm
Volvo Car Corp. has officially introduce the all-new XC90 crossover vehicle, its first all-new model...
NHTSA Closes Toyota Camry Brake Probe
Posted: August 26, 2014 at 10:42 am
The National Highway Traffic Safety Administration has ended its eight-month investigation into complaints about reduced...
Subaru Prepares for One-Platform Strategy
Posted: August 26, 2014 at 3:23 am
Reports say Fuji Heavy Industries Ltd.’s Subaru unit is likely in 2016 to introduce the...
Chrysler’s Pickups Stick with Steel
Posted: August 25, 2014 at 7:37 pm
Chrysler Group LLC won’t consider a shift from steel to aluminum body panels for its...
Bosch Expands U.S. Tech Center
Posted: August 25, 2014 at 6:44 pm
Robert Bosch LLC has launched a $40 million expansion to its technical center in Plymouth...
China Probe Targets VW Executives
Posted: September 2, 2014 at 1:02 am
China is investigating two executives of FAW-Volkswagen Automotive Co. on unspecified charges of “seriously violating...
Great Wall to Open Assembly Plant in Russia
Posted: September 2, 2014 at 12:44 am
China’s largest SUV maker, Great Wall Motor Co., has begun constructing a vehicle assembly plant...
Tesla Partners to Build 300 EV Charging Stations in China
Posted: August 29, 2014 at 9:18 pm
Tesla Motors Inc. and China Unicom Ltd. plan to install 400 electric car charging stations,...
Kia Targets 270,000 Sorento Sales
Posted: August 28, 2014 at 11:42 pm
Kia Motors Corp. aims to sell 270,000 of its third-generation Sorento crossover vehicles worldwide next...
China Could Launch $16 Billion EV Charging Project
Posted: August 27, 2014 at 7:47 pm
China’s central government may spend as much as 100 billion yuan to build a national...
Kia to Open Huge Auto Plant in Mexico Next Year
Posted: August 27, 2014 at 7:05 pm
Kia Motors Corp. says it will open a $1 billion factory near Monterrey, Mexico, in...
BYD to Launch EV Co-Developed with Daimler
Posted: August 27, 2014 at 1:32 am
Chinese carmaker BYD Co. expects next month to begin selling an electric sedan it developed...
Tata Taps JLR Technology for Luxury SUV
Posted: August 27, 2014 at 12:46 am
Tata Motors Ltd. plans to introduce two upscale SUVs for the Indian market in 2017,...
India Fines 14 Carmakers for Anti-Competitive Behavior
Posted: August 26, 2014 at 4:39 am
India has fined 14 domestic and foreign carmakers a combined 25.5 billion rupees ($422 million)...
Hyundai Ponders a Second Factory in India
Posted: August 26, 2014 at 2:40 am
Hyundai Motor Co. tells The Economic Times it is considering plans to build a second...
BYD Hikes Plug-In and Electric Car Sales
Posted: August 25, 2014 at 8:01 pm
BYD Co., China’s biggest maker of electric cars, says domestic demand for its electric and...
Hyundai Workers Refuse Overtime Work as Wage Talks Resume
Posted: August 25, 2014 at 1:07 am
Hyundai Motor Co.’s hourly workers stopped working overtime hours on Friday pending the outcome of...
Great Wall Motor’s Profit Drops 3%
Posted: August 22, 2014 at 12:17 pm
China’s Great Wall Motor Co. reports its net profit in the first half of 2014...
Manufacturing Activity in China Cools
Posted: August 21, 2014 at 10:09 pm
Preliminary figures for a closely watched index of manufacturing activity in China dropped to a...
Toyota to Lower Prices on Lexus Parts in China
Posted: August 21, 2014 at 2:45 am
Toyota Motor Corp. says its Lexus luxury car unit will reduce prices on some 15,000...
Ford Plans More Production Cuts in Romania
Posted: September 2, 2014 at 12:41 am
Ford Motor Co. confirms to local news agency Mediafax it will eliminate nine days of...
Fiat-Chrysler Aims for NYSE Listing on Oct. 13
Posted: September 2, 2014 at 12:20 am
Fiat Chrysler Automobiles NV hopes to list its shares on the New York Stock Exchange...
AvtoVAZ Seeks Cure for Corrupt Suppliers
Posted: September 2, 2014 at 12:08 am
Lada maker OAO AvtoVAZ is demanding complete cost transparency from suppliers as it seeks to...
Ruble Drops to 16-Year Low
Posted: August 29, 2014 at 9:38 pm
The Russian ruble sagged to 37.03 per dollar on Friday, its weakest valuation since 1998. Analysts...
Fiat-Chrysler Merger Clears Buyout Hurdle
Posted: August 29, 2014 at 2:46 pm
Fiat SpA says it won’t exceed its self-imposed payout limit of €500 million to shareholders...
AvtoVAZ to Cut Another 1,500 Salaried Jobs
Posted: August 28, 2014 at 10:57 pm
OAO AvtoVAZ tells Bloomberg News that its cost-cutting efforts will include eliminating 1,500 management and...
Russia Revives Car Scrappage Scheme
Posted: August 28, 2014 at 8:41 pm
The Russian government will introduce a 10 billion-ruble (€206 million) plan on Monday to scrap...
Saab Denied Court Protection from Creditors
Posted: August 28, 2014 at 7:00 pm
Saab owner National Electric Vehicle Sweden has lost a bid to gain court protection from...
AvtoVAZ Strives to Find Sales, Profits
Posted: August 28, 2014 at 1:00 am
OAO AvtoVAZ CEO Bo Andersson tells Bloomberg News the Russian maker of Lada cars hopes...
Court Blocks Uber Service Ban in Hamburg
Posted: August 27, 2014 at 6:18 pm
An administrative court says Hamburg cannot stop provider Uber Technologies Inc. from operating in the...
Schaeffler Earnings Rise on Record Sales
Posted: August 27, 2014 at 3:10 pm
Bearings supplier Schaeffler Group says its January-June earnings before interest and taxes climbed 9% to...
Wiedeking, Haerter Must Stand Trial for VW Takeover Bid
Posted: August 26, 2014 at 10:00 am
An appeals court in Stuttgart has ruled that Wendelin Wiedeking, the former CEO of Porsche...
AvtoVAZ to Trim Lada Production in Russia
Posted: August 25, 2014 at 2:09 pm
Russia’s largest carmaker, OAO AvtoVAZ, is the latest to announce a production cut because of...
VW Plans Lower, Wider Golf for 2017
Posted: August 25, 2014 at 12:54 pm
Volkswagen AG plans to replace its seventh-generation Golf hatchback with a significantly redesigned version in...
China Orders German Suppliers to Find Partners
Posted: August 25, 2014 at 5:14 am
Chinese authorities have told “several” German suppliers they can no longer operate their Chinese units...
|American Axle & M||18.10||-0.02|
|Autoliv, Inc. Com||103.69||+0.19|
|Borgwarner Inc. C||62.19||+0.24|
|Cummins Inc. Comm||145.11||+0.36|
|Cooper Tire & Rub||30.83||+0.46|
|Dana Holding Corp||23.23||+0.28|
|Denso Corp Ltd Ad||21.715||+0.035|
|Fiat Spa Ads||9.82||-0.02|
|Ford Motor Compan||17.41||-0.01|
|General Motors Co||34.80||+0.12|
|The Goodyear Tire||25.97||+0.20|
|Honda Motor Compa||34.05||-0.02|
|Meritor, Inc. Com||13.63||+0.07|
|Nissan Mtr Spon A||19.21||-0.10|
|Tenneco Inc. Comm||64.08||+0.17|
|Toyota Motor Corp||114.32||-0.11|
|Trw Automotive Ho||96.29||-0.86|