Volkswagen AG will recall 640,309 cars and minivans to replace oil in their transmissions that might cause an electrical problem, the Chinese government product quality agency said. VW will replace the synthetic oil with mineral oil at no charge to owners, the Administration for Quality Supervision, Inspection and Quarantine said.
The U.S. government sold another $1.2 billion worth of General Motors stock last month as it moves closer to selling its entire stake in the automaker. The government's stake as of Oct. 31 could be as low as 4 percent.A report to Congress Tuesday said the government has recovered roughly $37.2 billion of the $49.5 billion it spent to save GM five years ago.
After a drunken driver on a California highway back in 1968 slammed into a bus carrying passengers to Las Vegas, killing 19, investigators said a lack of seat belts contributed to the high death toll. But 45 years later, safety advocates are still waiting for the government to act on seat belts and other measures to protect bus passengers.
The two-billion-dollar manufacturing complex in Aguascalientes, central Mexico, is capable of assembling 175,000 cars annually. It will initially produce Sentra compact sedans, which are to be shipped to over 20 markets globally.
There is one fire for every 1,300 gas-powered cars on U.S. roads, and for the Model S, that's closer to one in 8,000, Musk said during an interview Tuesday at The New York Times' DealBook conference. He underscored that none of the drivers in the three cases was injured.
The automaker said in a statement that the new headquarters will have about 120 employees to oversee GM's businesses in Africa, Southeast Asia, Australia, New Zealand, India, South Korea and the Middle East, as well as Chevrolet and Cadillac Europe.
Sogefi Group plans to expand its auto parts plant in Wayne County and create 250 new jobs. Gov. Earl Ray Tomblin announced the expansion Tuesday. Tomblin met with Sogefi Group CEO Guglielmo Fiocchi in France during a 13-day investment trip to Europe in October.
When the auto plant here closed, this prosperous Wisconsin port city on Lake Michigan lost more than just its largest employer. Its sense of vitality seemed to drain away, and city leaders set out to find something that would inject life into the brick-storefront downtown while the economy went through a transition.
The South Korean electronics giant is in a quiet push to make its Tizen operating system a part of the technology lexicon as familiar as Google's Android or Apple's iOS. Its ambition doesn't stop there. Samsung sees the software in your car, fridge and television too.
Chrysler Group has named a new head of its Chrysler brand. The company said Monday that Al Gardner has been appointed president and CEO of the Chrysler brand. Gardner is a 27-year veteran of Chrysler who most recently served as head of the company's Southeast Business Center.
The need for a good workforce is critical, Jackson says. Only if the available workforce is good can a company even consider locating or expanding in a certain region. He adds, “I almost refer to it as peeling an onion. Every layer has its purpose, but the core is the workforce. The most important is the workforce.”
The battered fire engine in a workshop at Ashland Community and Technical College's Summit campus has seen better days. Its once-red paint job has faced to a shade more like old brick. There is some rust around the fenders and running boards, and the front-mounted pumps also show some corrosion.
One of four finalists seeking to redevelop a General Motors Corp. stamping plant that once employed more than 6,000 workers near downtown Indianapolis is considering using part of the land for a 10,000-seat soccer stadium.
The trucks are being recalled because tie-rod ends in the steering system may have been installed improperly, which Chrysler says stemmed from technicians misinterpreting instructions. Those tie-rods could be out of alignment, which Chrysler says can lead to steering failures.
Automotive parts maker BorgWarner Inc. is expanding its operations in Seneca, S.C. and creating more than 100 jobs. The state Commerce Department said Friday that BorgWarner is investing nearly $25 million and expects to create 105 new jobs.
India's Tata Motors reported a 71 percent jump in quarterly profit Friday due to a strong performance at its Jaguar Land Rover unit, even as the automaker's domestic business continued to suffer in a weak economy. The company had net profit of 35 billion rupees ($560 million) for the quarter that ended Sept. 30, beating expectations.
Mitsubishi Motors Corp. said Friday it is recalling around 74,000 Colt compact cars to fix a problem causing their headlights to fail due to a bad connection. Subject to the recall are those vehicles produced between October 2002 and February 2004, Mitsubishi said in a report filed with the Ministry of Land, Infrastructure, Transport and Tourism.
U.S. safety regulators are investigating thousands of Volkswagen SUVs because the outside lights can go out unexpectedly. The probe affects 61,000 VW Tiguans from the 2009 through 2011 model years. The National Highway Traffic Safety Administration says 26 drivers have complained about headlights, tail lights and turn signals going dark.
Dennis Williams has been the UAW's secretary-treasurer for the last three years. Williams, a Marine Corps veteran, joined the union in 1977 as a welder with J.I. Case in Rock Island, Ill. He joined the union's national organizing department in 1988 and has negotiated contracts with Mitsubishi, Caterpillar and other companies.
Another Tesla Model S electric car has caught fire, this time after hitting road debris outside of Smyrna, Tennessee. The blaze on Wednesday afternoon engulfed the front of the car. A spokeswoman for the Tennessee Highway Patrol says the Model S was headed east on Interstate 24 when it ran over a tow hitch. The hitch hit the undercarriage of the car, causing an electrical fire.
Federal accident investigators called Thursday for a probe of the government agency charged with ensuring the safety of tour buses, saying its own look into four crashes that killed 25 people raises "serious questions" about how well the agency is doing its job.
Fiat-Chrysler's head of European operations says the last months of the year will be especially difficult for the Italian market. Alfredo Altavilla told reporters Thursday that while car sales in some European markets are slightly improving, "in Italy there are no signs yet of recovery."
Harley-Davidson says it will build two new lightweight motorcycles at its Kansas City plant, beginning next year. The new Street 500 and Street 750 models are the company's first lightweight models since the 1970s. The Kansas City plant will build them for U.S. buyers. The bikes for international customers will be built in India.
Volvo has realized that safe is better than sexy. After several years adrift, as it changed owners and flirted with sexier ads, the Swedish automaker is in the midst of an $11 billion turnaround plan that it hopes will nearly double worldwide sales to 800,000 by 2020.
The institute, which is funded by insurers, ranked 31 new models. Nineteen earned the top rating of "best bet," which means they correctly position a 4- to 8-year-old child to use the regular shoulder and lap belts in almost any car. Britax, Evenflo, Ferrari, Graco, Harmony, Recaro and Safety 1st all had seats on the institute's "best bet" list.