A spokesman denies GM Korea is being downsized or will see production transferred to China, saying instead that the growing Chinese market in fact means opportunity in the form of increased CKD exports....More
A 20-in. multi-touch center console and dynamic HD wireless technology on an In-Vehicle Infotainment Concept and an EV-focused smartphone app are other Kia debuts at the consumer electronics show....More
“The long-awaited flattening of year-on-year sales trend has yet to happen,” an industry spokesman says. “We hope December will show progress in this direction, and deliver a decent close to an otherwise difficult year.”...More
WardsAuto editors have been meeting with several auto makers to discuss their entries for the 2014 Ward's 10 Best Engines competition. Powertrain engineers from Nissan, Chrysler and Hyundai have visited WardsAuto offices in Southfield, MI, to talk technology.
The Henry Ford in Dearborn, MI, hosted its fifth annual Maker Faire Detroit this past weekend in highlighting the importance of grassroots innovation and problem-solving. Some 400 creators participated in this year’s event, including 100 for the first time.
“What we are finding is manufacturers are not only bringing technology in faster than we thought they would, they are also bringing different technology to fruition than what we anticipated,” says the EPA’s Michael Olechiw....More
The earnings swoon also reflected difficulties in international markets, specifically South America, where economic headwinds are affecting sales, and in Europe, where GM continues to book losses as it restructures its business....More
In October 2013, trade between NAFTA partners totaled $103.1 billion, up 4.5% from a year earlier, marking the first month in the pact’s history in which trade exceeded $100 billion in a single month....More
Economic recovery is weak and gradual, unemployment remains stubbornly high and Europe faces a growing and acute economic challenge from other global regions. We will only deliver the full potential benefits of the Single Market if we set a genuinely new course for Europe....More