U.S. automakers are insisting any future bilateral trade agreements commit in writing promises not to manipulate currency-exchange rates, with Japan in the crosshairs. And for once U.S lawmakers are listening....More
Toyota, which collects sales data for the industry, says last month’s slump reflects high volume from a year ago, when government tax incentives were spurring demand. But it notes the country’s ongoing political unrest may affect sales....More
Magna, Chinese partner for front-end-module JV; Chevy sources brake, chassis components from Grede North American foundries; Engineering students have designs on €100,000 top prize in Valeo competition....More
The funding for additional charging points is accompanied by a campaign by the government and automakers to debunk common myths and misconceptions that dissuade drivers from switching to electric or hybrid cars....More
While the fuel is becoming popular as an alternative to gasoline for fleet vehicles, the number of CNG-powered cars on the road remains minuscule, and that’s unlikely to change unless the number of CNG fueling stations increases....More
After announcing its intention to leave Europe by the end of 2015, Chevrolet now wants to liquidate its Spanish dealer network as early as this summer, offering compensation many retailers reject as inadequate....More
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