America’s economy expanded at an annualized rate of 3.6% in the third quarter of 2013 compared with 2.5% in April-June, according to the U.S. Dept. of Commerce. The department’s initial growth estimate for the period was 2.8%.
But growth in consumer spending, which accounts for about two-thirds of the country’s economic, [...]
U.S. Economic Growth Picks Up Speed
Posted: December 9, 2013 at 12:07 am
America’s economy expanded at an annualized rate of 3.6% in the third quarter of 2013...
VIEWPOINT | THE SUPPLY CHAIN MANAGEMENT CHALLENGE
Posted: December 9, 2013 at 12:03 am
Revived auto sales in North America have boosted profits for carmakers and suppliers. But growing...
LMC Automotive: 2014 Outlook
Posted: December 7, 2013 at 12:00 pm
Car sales in 2013 will grow in North America from about 14.4 million units this...
IAC Group Postpones IPO
Posted: December 6, 2013 at 1:19 am
Luxembourg-based International Automotive Components Group SA has again delayed plans for an initial public offering,...
Toyota Camry Leads List of Most-Stolen Midsize Cars
Posted: December 5, 2013 at 11:32 pm
Among cars that are midsize and above, the Toyota Camry sedan has been the most...
Report: GM Poised to End Production In Australia
Posted: December 5, 2013 at 8:42 pm
General Motors Co. has decided to phase out its Holden assembly operations in Australia in...
Chevrolet to Exit Mainstream European Market
Posted: December 5, 2013 at 3:54 am
General Motors Co. says it will stop marketing its high-volume Chevrolet vehicles in Europe in...
Average New-Car Fuel Economy at 7-Year High
Posted: December 5, 2013 at 2:24 am
New light-duty vehicles sold in the U.S. in November had a sales-weighted fuel economy average...
GM Poised to Sell Stake in Ally Financial
Posted: December 4, 2013 at 10:53 pm
General Motors Co. intends to sell its remaining 8.5% stake in Ally Financial Inc., the...
Ford to Trim First-Quarter Production
Posted: December 4, 2013 at 2:23 am
Ford Motor Co. says it will eliminate 14,000 vehicles from its 2014 first-quarter production plan...
Lamborghini’s U.S. Chief Leaves
Posted: December 4, 2013 at 2:06 am
Volkswagen AG’s Lamborghini unit says it has “terminated” its relationship with Michael Lock, the chief...
Mitsubishi Latest to Cut EV Price
Posted: December 3, 2013 at 11:12 pm
Mitsubishi Motors Corp. hopes to boost demand in the U.S. for its slow-selling i-MiEV subcompact...
Car Sales Climb 9% in November
Posted: December 3, 2013 at 8:19 pm
Sales of cars and light trucks in the U.S. totaled 1.25 million last month, up...
Chrysler to Add Small Van from Fiat
Posted: December 3, 2013 at 2:55 am
Chrysler Group LLC says its Ram truck unit will introduce a small commercial van next...
How Sales Incentives Affect Used-Car Prices
Posted: December 3, 2013 at 2:02 am
Cash incentives on new cars have a far bigger impact on trade-in value when the...
Mazda3 Gets a Makeover to Go with Its New Engine
Posted: December 9, 2013 at 12:47 am
Last year Mazda Motor Corp. gave its carryover Mazda3 small sedan a high-efficiency Skyactiv 2.0-liter...
Jaguar Bids Adieu to the Oval Grille
Posted: December 9, 2013 at 12:42 am
Jaguar’s current XK coupe will be the last to use the iconic oval grille made...
Cadillac’s New Mass-Reduction Philosophy
Posted: December 9, 2013 at 12:29 am
Cadillac’s new approach to trimming vehicle weight, starting with the 2014 Cadillac CTS sedan, involves...
Sumitomo to Produce Sodium-Ion EV Batteries
Posted: December 6, 2013 at 12:17 am
Next spring Sumitomo Electric Industries Ltd. will begin making sample batches of sodium-ion batteries for...
U.S. to Help China On New Auto Emission Rules
Posted: December 5, 2013 at 8:44 pm
The U.S. has agreed to share technology and modeling techniques to help China implement new...
Ford Debuts Next-Generation Mustang
Posted: December 5, 2013 at 3:34 am
Ford Motor Co.’s all-new 2015 Mustang sport coupe, simultaneously introduced on four continents this morning,...
Study: Clean Diesels Cleaner than Expected
Posted: December 5, 2013 at 2:03 am
So-called clean-diesel technology is meeting U.S. limits for nitrogen oxide emissions by a substantial margin,...
Transmission Pairs Electric Motor for Smoother Shifts
Posted: December 5, 2013 at 12:22 am
Italy’s Oerlikon Graziano SpA has unveiled a new automatic transmission concept for high-performance cars that...
Researchers Tout Noise Modeling Software
Posted: December 4, 2013 at 1:25 am
A group of British and German researchers is developing software to predict noise and vibration...
Volvo to Head Self-Driving Car Test in Sweden
Posted: December 3, 2013 at 3:01 am
Volvo Car Corp. and Swedish researchers and transport agencies plan to begin a 100-car test...
Audi Confirms Q1 Small Crossover
Posted: December 3, 2013 at 2:38 am
Volkswagen AG’s Audi unit says it will introduce its fourth and smallest crossover, the Q1,...
Schumacher’s F1 Car Sells for $1 Million
Posted: December 3, 2013 at 1:52 am
The Formula One race car driven by Michael Schumacher to the first of his record...
Next Hot Product: Smart Wheels
Posted: December 2, 2013 at 12:21 am
A south Florida company that developed a wheel hub-mounted micro-generator to power in-wheel vanity lights...
Renault Readies Plug-In Hybrid Concept
Posted: December 2, 2013 at 12:11 am
Renault SA tells Auto Express it will reveal a plug-in hybrid concept at the Geneva...
Zipcar to Offer Monthly Membership Option
Posted: November 26, 2013 at 6:13 pm
Car-sharing network Zipcar, Inc. is introducing a monthly membership option for occasional-use customers. The plan requires...
China Further Eases Control Over Interest Rates
Posted: December 9, 2013 at 1:19 am
The People’s Bank of China is now allowing the country’s banks to trade deposits with...
Suzuki Plans Hybrids for India, SE Asia
Posted: December 9, 2013 at 12:50 am
Suzuki Motor Corp. aims to develop its own hybrid powertrain and introduce it in compact...
China Approves Dongfeng-Renault Venture
Posted: December 5, 2013 at 1:35 am
China top economic agency has approved a 50:50 joint venture between Dongfeng Motor Group Co....
Daimler Combines Commercial Truck Businesses in Asia
Posted: December 5, 2013 at 1:01 am
Daimler AG will invest €300 million ($408 million) between 2014 and 2015 to add capacity...
CAAM Fights Plan to Ease Foreign Ownership Rules in China
Posted: December 4, 2013 at 11:29 am
A plan to ease restrictions on foreign investments in China could destroy the country’s domestic...
U.S. Sales Mixed for Asian Brands
Posted: December 3, 2013 at 8:47 pm
Demand for light vehicles in the U.S. climbed 9% to 1.25 million units in November,...
India’s Economy Expands 4.8%
Posted: December 2, 2013 at 12:18 am
India’s gross domestic product grew at an annualized 4.8% in July-September compared with 4.4% in...
VW Adds Skoda SUV Production in China
Posted: December 2, 2013 at 12:18 am
Volkswagen AG has added the Skoda Yeti small SUV to its lineup of locally produced...
Thailand Headed for New Vehicle Output Record
Posted: December 2, 2013 at 12:16 am
Vehicle production in Thailand is expected to grow 2% to a record 2.5 million units...
GM Names New Chief for China
Posted: December 2, 2013 at 12:08 am
General Motors Co. says Matthew Tsien will replace Bob Socia as president of its Chinese...
Nissan to Sell Datsun Models Direct in India
Posted: November 27, 2013 at 12:55 am
Nissan Motor Co. has decided to sell its low-cost Datsun brand in India through dedicated...
ZF Opens Axle Plant in Malaysia
Posted: November 27, 2013 at 12:32 am
ZF Friedrichshafen AG has opened its first passenger car axle assembly facility in Malaysia. The plant...
Honda Adds Another Diesel Model in India
Posted: November 27, 2013 at 12:23 am
Honda Motor Co. will introduce its second diesel-powered model in India when the redesigned City...
Daimler Launches Engine Production in China
Posted: November 26, 2013 at 12:53 am
Daimler AG has begun production at a new $542 million engine facility outside Beijing. The factory...
Volvo Borrows Another $800 Million from Chinese Bank
Posted: November 25, 2013 at 11:33 pm
Volvo Car Corp. has secured a second loan from China Development Bank, this one for...
PSA May Idle Two Production Lines in France
Posted: December 9, 2013 at 12:53 am
PSA Peugeot Citroen tells Reuters it will begin an internal study later this month to...
U.K. Vows to Aid Driverless-Car Development
Posted: December 9, 2013 at 12:21 am
The British government plans by the end of 2014 to set up a legislative and...
PSA’s Varin Named President of ACEA
Posted: December 6, 2013 at 10:43 am
PSA Peugeot Citroen CEO Philippe Varin has been elected president of auto industry group ACEA,...
Audi Design Chief Quitting This Month
Posted: December 6, 2013 at 12:37 am
Wolfgang Egger, chief designer for Volkswagen AG’s Audi and Lamborghini units for the past six...
JLR Confirms Brazilian Factory
Posted: December 5, 2013 at 11:10 pm
Tata Motor Ltd.’s Jaguar Land Rover unit confirms it will open a plant in Itatiaia,...
GM to Pull Chevrolet Out of Europe
Posted: December 5, 2013 at 4:35 am
General Motors Co. says it will stop marketing its mainstream Chevrolet vehicles in Europe in...
China Approves Renault Venture with Dongfeng
Posted: December 5, 2013 at 1:32 am
China has approved a 50:50 joint venture between Renault SA and Dongfeng Motor Group Co.,...
Eurozone Recovery Slows
Posted: December 5, 2013 at 1:12 am
The eurozone’s economic rebound lost momentum in November, according to Markit Economics. The London-based research firm’s...
VDA Predicts 2% Growth for Car Sales in Germany Next Year
Posted: December 4, 2013 at 2:48 am
Trade group VDA forecasts that car sales in Germany will rise from 2.93 million units...
Daimler Tests Online Car Sales
Posted: December 4, 2013 at 2:36 am
Daimler AG has launched a Web site that enables shoppers in Germany to lease a...
Fiat Near Deal to Resume Jeep Production in China
Posted: December 3, 2013 at 11:52 pm
Fiat SpA reportedly is close to agreement to build Jeep SUVs in China after local...
U.S. Car Market Grows 9%
Posted: December 3, 2013 at 10:24 pm
Passenger vehicle sales in the U.S. climbed to 1.25 million units in November from 1.14...
Volvo Picks New Creative Agency
Posted: December 3, 2013 at 12:29 am
Volvo Car Corp. has selected WWP’s Grey London, office to be its global creative agency,...
Fiat Prepares Another Alfa Revival Plan
Posted: December 2, 2013 at 10:52 pm
Fiat SpA is expected in April to unveil the fourth turnaround plan in 10 years...
Saab Production to Resume Today
Posted: December 2, 2013 at 12:16 am
Saab Automobile’s new owner says the company will begin limited production of the 9-3 sedan...
|American Axle & M||20.00||0.00|
|Autoliv, Inc. Com||91.43||0.00|
|Borgwarner Inc. C||107.07||0.00|
|Cummins Inc. Comm||130.48||0.00|
|Cooper Tire & Rub||24.01||0.00|
|Dana Holding Corp||19.06||0.00|
|Denso Corp Ltd Ad||24.22||+0.24|
|Fiat Spa Ads||7.50||-0.02|
|Ford Motor Compan||16.70||0.00|
|General Motors Co||40.17||0.00|
|The Goodyear Tire||22.56||+0.57|
|Honda Motor Compa||41.94||0.00|
|Meritor, Inc. Com||7.79||0.00|
|Nissan Mtr Spon A||17.72||+0.48|
|Tenneco Inc. Comm||56.06||0.00|
|Toyota Motor Corp||122.74||0.00|
|Trw Automotive Ho||75.77||0.00|