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Fisker stops work at Delaware plant to renegotiate DOE loan

5:39 pm U.S. ET | Feb. 6, 2012
Electric car startup Fisker Automotive said on Monday it has suspended work at its U.S. manufacturing plant and laid off 26 workers while it renegotiates the terms of its $529 million loan from the U.S. Department of Energy.... Read More »
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UAW Chief Bob King to join Opel board, paper says

5:01 pm U.S. ET | Feb. 6, 2012
UAW President Bob King will join the supervisory board of GM's struggling Opel unit in March, marking the fourth new appointment to come out of Detroit recently, a German newspaper reported late on Monday.... Read More »
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2012 CHICAGO AUTO SHOW PREVIEW

Small Acura sedan, Hyundai Elantra coupe among 10 Chicago debuts

12:01 am U.S. ET | Feb. 6, 2012
Acura will make a splash at the Chicago Auto Show this week with the introduction of its ILX small sedan and the redesigned 2013 RDX crossover. GMC will unveil the next-generation Acadia, and Hyundai will show a coupe version of the popular Elantra. Ten world debuts are scheduled during the press days. Here are the highlights:... Read More »
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GM aims for 10% profit margin over next few years, report says

2:30 pm U.S. ET | Feb. 6, 2012
GM aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told The Wall Street Journal in an interview.... Read More »
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Honda's credit rating outlook lowered by Moody's

12:29 pm U.S. ET | Feb. 6, 2012
Honda’s credit rating outlook was dropped from stable to negative by Moody’s Investors Service over concern the automaker faces challenges in regaining its market position due to growing competition, Bloomberg reported today.... Read More »
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Prius C backlog puts U.S. allocation at risk

12:01 am U.S. ET | Feb. 6, 2012
Soaring demand for the new Toyota Prius C in Japan may create a U.S. allocation dilemma. The pint-sized hybrid is scheduled to arrive in U.S. showrooms next month. Toyota Motor Corp. said last week that it had received 120,000 orders in Japan for the car, which went on sale Dec. 26. That is well above the domestic sales target of 12,000 a month.... Read More »
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NEWS ANALYSIS

Daimler engine deal signals hopes for Infiniti

12:01 am U.S. ET | Feb. 6 2012
The U.S. engine-sharing deal announced last month between Nissan Motor Co. and Daimler AG indicates high Nissan hopes for a future Infiniti car. Nissan's share of the engines from the venture signals that Infiniti expects to sell as many as 125,000 compact hatchbacks a year -- a volume greater than Infiniti's entire 2011 U.S. sales.... Read More »
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DesignMore »

Honda pulls forward major changes to Civic to this fall

7:09 pm U.S. ET | Feb. 5 2012
Honda will bring out a significant mid-cycle change to its embattled Civic compact this fall, just 18 months after it launched, a high-ranking executive told dealers here.... Read More »
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Future ProductMore »

Subaru sees 20% sales surge on back of new models

7:05 pm U.S. ET | Feb. 4 2012
Subaru is targeting a 20 percent surge in sales in the United States to a record 320,000 units in 2012, helped by the debut of such new models as the BRZ sporty coupe and the XV small crossover.... Read More »
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Green CarsMore »

GM seeks Volt boost from California carpool lanes, Super Bowl ad

3:30 am U.S. ET | Feb. 6 2012
GM hopes its plug-in Chevrolet Volt, stung by safety concerns, can get a sales boost from a version due next month that lets solo California drivers use carpool lanes and a Super Bowl ad touting its technology.... Read More »
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TechnologyMore »

China's Youngman makes fresh bid for Saab, reports say

5:17 am U.S. ET | Feb. 3 2012
Zhejiang Youngman Lotus Automobile has made a fresh bid for Saab, Swedish public radio reported. The Chinese group plans to turn its passenger-car unit into a competitive global brand and buying Saab assets would fit into that goal.... Read More »
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Talk from the TopMore »
THE SUPPLIER SPEAKS -- ELMAR DEGENHART

Conti joins EV battery makers, aims to be among top 3

12:01 am U.S. ET | Jan. 23 2012
Continental AG, a leading global producer of tires, brakes and electronics, is muscling into the market for electric-vehicle batteries. At the Detroit auto show, Continental CEO Elmar Degenhart announced a joint venture with Korean battery maker SK Innovation to produce lithium ion batteries for autos.... Read More »
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World CongressMore »
WORLD CONGRESS

Marchionne celebrates Chrysler, warns on Europe

12:01 am U.S. ET | Jan. 16 2012
Sergio Marchionne told industry executives to be wary of the crisis in Europe, even as he celebrated Chrysler Group's historic comeback in 2011. Speaking at the Automotive News World Congress, Marchionne, 59, CEO of Chrysler-Fiat, praised his workers and managers who had struggled to restore the company.... Read More »
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Car CutawaysMore »
CAR CUTAWAY

GKN Driveline puts extra power in the new Citroen DS5's rear wheels

12:01 am U.S. ET | Jan. 31 2012
GKN Driveline supplies the new Citroen DS5’s eAxle, an electric drive axle that incorporates proprietary disconnect clutch technology. The eAxle gives the DS5 on-demand all-wheel drive and contributes to the car’s overall all-terrain functionality. GKN’s electric drive axle is capable of delivering 1500 newton meters of torque to the rear wheels.... Read More »
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Final AssemblyMore »
FINAL ASSEMBLY

Updated version of 'Rambo Lambo' SUV is on the way

12:01 am U.S. ET | Feb. 6 2012
Before the heyday of big SUVs in the 1990s, Lamborghini departed from its script and introduced the LM002 -- a muscular off-roader that was built in small numbers from 1986 to 1993. The "Rambo Lambo" was seen as an oddity for a company famed for such distinguished high-performance sports cars as the Miura and Countach.... Read More »
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