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- Icahn explores sale of Federal-Mogul, report says
Billionaire investor Carl Icahn is in the early stage of exploring a sale of Federal-Mogul Corp. slightly more than three years after the auto parts supplier emerged from bankruptcy under his control, people familiar with the matter said.
Переслать - Poll shows 30% of young drivers text at the wheel
A new poll shows young drivers are more likely to use cell phones while driving, and that 30 percent of them have recently texted from behind the wheel, transportation officials said on Monday.Переслать - Suppliers build lobbying clout in D.C.
Amid government bailouts, supplier loan programs and technology funding from the federal government, political clout has been moving farther down the supply chain as automotive suppliers have stepped up efforts to sway opinion in Washington, D.C.Переслать - Tesla Model S assembly to begin with highest-priced version
Tesla Motors Inc., the electric carmaker backed by Daimler AG and Toyota Motor Corp., said the first 1,000 units of the battery-powered Model S sedan it produces next year will be the most expensive version.Переслать - Fiat may assemble second model in Mexico, Marchionne says
Chrysler Group LLC CEO Sergio Marchionne said the automaker is looking at building a second Fiat S.p.A. model at the U.S. company's factory in Mexico.Переслать - Audi sees record Q1 sales as U.S. demand rises
Audi grew volumes by a fifth in February to nearly 91,500 vehicles, the company said. The automaker also forecast record first-quarter sales.Переслать - Toyota, Honda, Chrysler recalling nearly 80,000 vehicles
Toyota, Honda and Chrysler are recalling nearly 80,000 vehicles over safety concerns, according to documents filed with the National Highway Traffic Safety Administration.Переслать - Old GM reaches $51 million environmental accord with U.S.
The company that took over bad assets left behind in General Motors Corp's 2009 bankruptcy has entered a $51 million civil settlement with the federal government to resolve environmental liabilities at 34 sites.Переслать - Ford halts Mustang output this week; GM plants to reopen after Magna plant fire
Mazda6 and Ford Mustang output at the AutoAlliance International plant in Michigan will be halted through Friday, March 11, because of parts shortages, some caused by a fire last week at a key Magna International Inc. interiors plant.Переслать
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