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GM to invest $740 mn in new Argentina factory

General Motors will invest $740 million in Argentina through 2016 on its first South American factory turning out aluminum motors, Buenos Aires announced.

GM to invest $740 mn in new Argentina factory
Photo courtesy of proftr.ru
GM recalls another 3.4 mn cars for ignition problem

General Motors on Monday recalled 3.4 million cars in North America to fix an ignition problem that could cause the car to lose power that is linked to injuries.

GM recalls another 3.4 mn cars for ignition problem
GM fires 15 over ignition scandal but says 'no coverup'

General Motors chief executive Mary Barra said Thursday that the company has fired 15 mostly senior executives over the deadly ignition scandal that has placed the automaker under federal investigation.

GM fires 15 over ignition scandal but says 'no coverup'
World Trade Organization (WTO) Director-General Roberto Azevedo. ©Reuters/Denis Balibouse
US wins WTO case against China on luxury cars

The WTO on Friday rejected Chinese tariffs on US-made luxury cars, handing Washington a victory on one of the growing number of disputes between the world's two largest economies.

US wins WTO case against China on luxury cars
©Reuters/Kevork Djansezian
Toyota recalls 520,000 vehicles globally

Toyota on Friday said it is recalling about 520,000 vehicles, mostly in North America, over several issues including cable corrosion that could see unused spare tyres fall off.

Toyota recalls 520,000 vehicles globally
GM fined record $35 mn over ignition recall delay

The US auto safety regulator Friday imposed a record $35 million fine on General Motors for its failure to promptly recall cars with ignition faults linked to at least 13 deaths.

GM fined record $35 mn over ignition recall delay
Fifty years of Mustang cool: is China along for the ride?

From Steve McQueen to "The Fast and the Furious", the Mustang has long cruised through American pop culture, but Ford is hoping its snarling sports car will find a new generation of fans as it turns 50: in China.

Fifty years of Mustang cool: is China along for the ride?
China auto show opens amid environmental, growth concerns

Leading automakers gathered in Beijing Sunday for China's biggest car show, expressing confidence in the world's largest car market even though lacklustre economic growth and environmental restrictions have generated uncertainty.

China auto show opens amid environmental, growth concerns
©Reuters/Rick Wilking
GM recalls another 1.8 mn vehicles amid safety probe

General Motors announced its second massive recall in two months on Monday as it works to contain a growing scandal over the safety of its vehicles.

GM recalls another 1.8 mn vehicles amid safety probe
©Reuters/Jeff Kowalsky
Recalled GM cars linked to 303 airbag-related deaths

US safety regulators have tracked 303 deaths after airbags failed to properly deploy in vehicles recently recalled by General Motors.

Recalled GM cars linked to 303 airbag-related deaths
Australia losing last auto producer Toyota

Toyota on Monday said it will stop making cars in Australia in less than four years, banging the final nail in the coffin of country's auto industry, despite appeals to stay by Prime Minister Tony Abbott.

Australia losing last auto producer Toyota
New GM CEO to join First Lady at Obama speech

The first female CEO of the largest American automaker will be honored by sitting with Michelle Obama when the president delivers his State of the Union Address.

New GM CEO to join First Lady at Obama speech
Peugeot 'approves' capital hikes by French state, Chinese partner

The board of struggling French carmaker PSA Peugeot Citroen has in principle approved capital boosts by the French state and its Chinese partner Dongfeng.

Peugeot 'approves' capital hikes by French state, Chinese partner
GM wins awards, Ford turns heads at Detroit auto show

General Motors' Chevrolet unit swept car and truck of the year honors but Ford's use of aluminum in its F150 sparked new debate on the first day of the Detroit auto show Monday.

GM wins awards, Ford turns heads at Detroit auto show
Toyota aims to produce more than 10 million autos in 2014

Toyota Motor is aiming to produce more than 10 million vehicles in 2014, a bullish target that could boost other industries in Japan, a report said Saturday.

Toyota aims to produce more than 10 million autos in 2014
©Reuters/Rick Wilking
Chevrolet to roll out 4G-connected cars

The new Chevrolets coming out this year will be faster -- on the information superhighway.

Chevrolet to roll out 4G-connected cars
Prime Minister Tony Abbott. ©Reuters/Dadang Tri
Australia PM stands firm against 'corporate welfare'

Prime Minister Tony Abbott warned struggling Australian companies Wednesday to get their house in order, refusing to indulge in "corporate welfare" subsidies despite car giant Holden's decision to shut local plants.

Australia PM stands firm against 'corporate welfare'
Executive vice president of GM. ©Reuters/Rebecca Cook
GM taps 1st female CEO as it emerges from US control

General Motors Tuesday named its first-ever female chief executive as the largest US automaker exits the government-bailout era with sales at their best level in six years.

GM taps 1st female CEO as it emerges from US control
©Reuters/Ralph Orlowski
GM to launch dual-fuel car in 2014

General Motors said Wednesday it will launch a car next year with the ability to operate on both gasoline and compressed natural gas, taking advantage of abundant US gas supplies.

GM to launch dual-fuel car in 2014
GM, Hyundai recall vehicle in US

General Motors and Hyundai both recalled large numbers of vehicles in the United States Friday.

GM, Hyundai recall vehicle in US