Asia

Subaru to sell global headquarters building

10:29 am U.S. ET | Aug. 30
Fuji Heavy Industries Inc., the parent company of Subaru, is selling its global headquarters building in downtown Tokyo to generate cash and move to a more modern office. Fuji Heavy aims to raise 34 billion yen ($399.1 million) by selling the 44-year-old Shinjuku Subaru Building, the Japanese automaker said in a statement today.... Read More »
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Corollas, Vibes recalled

12:01 am U.S. ET | Aug. 30
Toyota Motor Corp. and General Motors Co. have recalled 1.3 million vehicles from the 2005-08 model years after complaints of stalling. Toyota issued a recall of 1.1 million Corolla and Corolla Matrix vehicles. GM will recall 200,000 Pontiac Vibes, including 162,000 in the United States.... Read More »
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Study: Japan firms are best in infotainment

12:01 am U.S. ET | Aug. 30
Japanese suppliers of information and entertainment systems score highest in quality, says a recent study by J.D. Power and Associates. These systems, including satellite radio and navigation devices, are increasingly must-have features in vehicles. About 66 percent of drivers now have satellite radio, up from 59 percent in 2009.... Read More »
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Mahindra trucks in, importer out?

12:01 am U.S. ET | Aug. 30
Now that India's Mahindra & Mahindra Ltd. finally has a pickup approved for sale in the United States, it may have no dealers. Last week Mahindra said it terminated its four-year agreement with its independent U.S. importer, Global Vehicles U.S.A. Inc., of Alpharetta, Ga. The previous week, Mahindra's diesel-powered pickup had received emissions certification from the EPA.... Read More »
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Toyota eyes ex-GM exec Hogan for advisory role

12:01 am U.S. ET | Aug. 30
Toyota Motor Corp. is in talks with former General Motors executive and Magna International President Mark Hogan about coming on board as an adviser. Hogan, 59, would be a consultant on a range of topics, not necessarily the safety issues that triggered this year's string of recalls at Toyota, said a person familiar with the discussions.... Read More »
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Mendel: Civic delay aside, Honda debuts are on track

12:01 am U.S. ET | Aug. 30
Although Honda delayed the launch of its redesigned Civic until February, it is sticking with its five-year cadence on other models, a top U.S. executive says. "A five-year cycle is our benchmark, but there may be some changes," said John Mendel, American Honda executive vice president. "Some cycles may even be shorter."... Read More »
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Europe

Mahindra to invest in car development with Ssangyong

12:01 am U.S. ET | Aug. 23
Mahindra & Mahindra Ltd., India's largest sport-utility vehicle maker, may jointly build new cars with Korea's Ssangyong.... Read More »
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China

GM expects competitive Chevy Volt pricing in China

7:01 am U.S. ET | Aug. 31
General Motors Co. expects competitive pricing for its hybrid Chevrolet Volt in China as it hopes to gain a foothold in China's fledgling environmentally friendly car industry with the highly anticipated car.... Read More »
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Car Cutaways
CAR CUTAWAY

BorgWarner Beru unit gives Bugatti its F1 tire-monitoring technology

12:01 am U.S. ET | Sept. 1
A division of BorgWarner Beru Systems GmbH, bf1systems, supplies the Bugatti Veyron Grand Sport's tire-pressure monitoring system, which alerts drivers if the tires deflate to a dangerous level.... Read More »
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