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- Toyota wins dismissal of speed-up case set for first trial
Toyota won dismissal of the first sudden acceleration lawsuit set for trial in California in 2013 because a federal judge determined it should have been filed in state court in Utah.
Переслать - Ford sticks to 7,000 U.S. jobs target in next two years
Ford CEO Alan Mulally said the automaker plans to add 7,000 jobs over the next two years in the U.S. as it expects the world's largest economy to avoid another recession. Ford is discussing adding as many as 10,000 jobs in the U.S.
Переслать - TI Automotive bidders include Bain Capital, Carlyle Group, Pamplona, report says
Bain Capital and Carlyle Group are among three private equity firms bidding for auto parts supplier TI Automotive in an auction that could fetch around $1.5 billion, people familiar with the matter said.
Переслать - Zeus lives in new Scion commercials
As the aging Scion xB and xD hatchbacks soldier into the fifth years of their model cycles, Toyota's youth-oriented brand is calling on the gods -- Greek ones, to be precise -- to help sell vehicles.
Переслать - Ram expands RamBox storage offerings, cuts price
In a bid to separate itself from competitors in the heated full-sized pickup segment, Chrysler Group's Ram truck brand has slashed the price of its RamBox storage compartment, added a larger RamBox and expanded the number of models on which the...
Переслать - Why Nissan wants to know if brain waves will steer future cars
Nissan is working with Swiss scientists on mind-reading technology for future-generation cars. Really. The hope is that somehow a driver's brain waves can be tapped -- noninvasively -- to shorten the time lag between thought and vehicle response.
Переслать - Saab owner to sell Spyker supercar unit for $44 million
Swedish Automobile, owner of Saab, said it would sell its Spyker business to U.S. private equity firm North Street Capital, led by racing car enthusiast Alex Mascioli, for about 32 million euros ($44 million).
Переслать - Supplier Furukawa Electric to pay $200 million U.S. fine for price fixing on wire harnesses
Japanese supplier Furukawa Electric will pay a $200 million fine, and three of its executives will appear before a federal judge in Detroit to plead guilty for their role in alleged global price-fixing among automotive wire-harness suppliers on...
Переслать - GM credit rating increased two notches by SandP
Ratings agency Standard and Poor's today raised its corporate credit rating on General Motors by two notches, saying the automaker's new labor contract would allow for continued profitability and cash generation in North America.
Переслать - GM to offer airbag between front seats for side-impact protection
General Motors plans to offer a center airbag between the front seats that is designed to protect the driver and front passenger in side-impact crashes.
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