Automaker News

Swedish truck maker AB Volvo enjoyed strong sales in the fourth quarter, but its earnings were hurt by extra costs linked to the launch of new products, write-downs and restructuring charges.

Toyota Motor Corp said it will give its Japan-based workers their biggest pay raise in 21 years in the year starting in April, heeding a government call to bolster the economy by sharing its surging profit with workers.

Will GM hold up in the wake of congressional scrutiny? Is it wise to buy a coffee maker on a dip? But the nation's largest auto maker was sideswiped late Monday when the House Energy and Commerce Committee announced that it would launch an investigation into why it took GM nearly a decade to recall 1.6 million vehicles for faulty ignitions linked ... (more)

By Emily Flitter and Aruna Viswanatha and Ben Klayman NEW YORK/WASHINGTON/DETROIT - Federal prosecutors are examining whether General Motors is criminally liable for failing to properly disclose problems with some of its vehicles that were linked to 13 deaths and led to a recall last month, according to a source familiar with the investigation.

Mutual fund houses and insurance companies holding equity stakes in Maruti Suzuki India have knocked at the door of market regulator Sebi, seeking its intervention to safeguard investors' interest following MSIL's move to allow parent firm Suzuki Motor Corporation to implement its Gujarat project.

Italian automaker Fiat paid Chief Executive Sergio Marchionne 3.6 million euros in cash last year, including a bonus and incentives, down from 4.5 million euros in 2012, the group's compensation report showed.

In this Thursday, Jan. 10, 2013 file photo, the logo for General Motors decorates the entrance at the site of a GM information technology center in Roswell, Ga.

Audi plans to roll out AT&T's 4G LTE capabilities across new models as they come to market.

When Motown stripped the recording equipment out of its legendary Studio A at 2648 W. Grand Blvd. in the mid-'70s, it broke the hearts of musicians like Peter Frampton, who longed to record in one of the world's great temples of sound.

South Korea's Hyundai Motor Co plans to launch its first battery-powered electric vehicle in 2016, as the auto maker plays catch up in a nascent market already tapped by the likes of BMW and Nissan Motor Co Ltd. "Hyundai is preparing to launch an EV in 2016," Senior Vice President Lee Ki-sang told reporters on Tuesday at the Korean launch of a ... (more)

William Clay Ford was the last member of his generation of the family that made Detroit the automaking capitol of the world.

General Motors Co. hired Jenner & Block LLP Chairman Anton Valukas, who served as a U.S. Justice Department-appointed examiner of the downfall of Lehman Brothers Holdings Inc., to help lead an internal probe of an ignition- switch failure tied to at least 13 deaths.

Capitalizing on the healthy activity at this year's round of retail RV shows, Gulf Stream Coach Inc. reported that several models are seeing strong sales, including its Track & Trail line of travel trailer toy haulers.

Honda Motor Co Ltd said Monday it is setting up separate Honda and Acura divisions in the United States, with dedicated sales and marketing teams for each brand.

A fleet of 42 brand-new vehicles, purchased by the state from Tata Motors, has arrived at the capital's Dhurwa fire station-cum-training centre some days ago.

Harley-Davidson has shown three new models for 2014 with a new Low Rider, SuperLow 1200T and a Street Bob Special Edition.

The new Prima LX range has been designed, in line with the current industry requirement of high performance and fuel efficient tippers and is a result of Tata Motors continuous technological development & R&D efforts.

Passenger-vehicle sales in China gained 18 percent last month, beating analysts' estimates, as deliveries surged at Toyota Motor Corp. and Ford Motor Co.

Shares of Autoliv traded up 0.16% on Monday, hitting $96.88. 652,125 shares of the company's stock traded hands.

Whether we call him, The Notorious B.I.G ., Biggie, Biggie Smalls, or Frank White , the Brooklyn born Christopher George Latore Wallace, was without a doubt, one of the most prolific rappers of all time.