Diversified parts supplier Federal-Mogul said it hired longtime finance executive Rajesh Shah to senior vice president and CFO. Shah, 62, replaces Alan Haughie, who resigned from the position in August. Haughie later became CFO of ServiceMaster.
A confident Ford Motor said today that it plans to add 5,000 jobs in the United States in 2014, open two plants in Asia Pacific and one in South America, and launch 23 vehicles globally.
Michelin announced the winners of its 25th annual Michelin Challenge Design Competition for the College of Creative Studies in Detroit on Wednesday at the A.
Ever wondered what you'll be doing in your car once cars become driverless? We'd probably just sit in the back seat and read the financial section of the paper (on some kind of transparent tablet computer, of course) to see how our
GM is selling its entire 7 percent stake in PSA while scaling back efforts to jointly develop vehicles with the French automaker. GM said it will sell its 24.8 million shares through a private placement to institutional investors.
General Motors on Thursday (12 December, 2013) said had completed the sale of its 8.5% stake in Ally Financial for about $0.9bn.
News
12 Dec, 2013
Latest details on new VW Golf rival from Nissan, as our spies catch the car in testing
Mercedes-Benz told U.S. dealers they should expect fewer CLAs in the first half of 2014 after the new $29,900 coupe helped widen the automaker's luxury-sales lead this year over rival BMW.
Nissan Motor has established Nissan Philippines, Inc (NPI), a new joint venture with long time partners Universal Motors Corporation (UMC) and Nissan Motor Philippines, Inc. (NMPI).
News
12 Dec, 2013
Teaser images preview the new Citroen DS 5SL to be sold in China
Holden could become Chevrolet once General Motors shuts its Australian manufacturing operations in 2017, a local media report said.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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