Headlines for Wednesday, March 20, 2013
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Opel will build next Mokka in Europe
Opel says it will build the next generation of its Mokka subcompact crossover in Europe and not in Korea, where the current model is manufactured. Read More »
Ford to pay $750 million severance to workers at Belgium plant
Hourly workers at Ford's plant in Genk, Belgium, will get $750 million in severance as part of a deal to close that factory by the end of 2014. The per-worker severance payment is less than what GM spent in 2010 to close its factory in Antwerp, Belgium Read More »
Renault's Dacia output halted by pay strike in Romania
Renault's Romanian unit Dacia stopped production as employees went on strike in a dispute over pay, the company said. Read More »
VW China recall may cost more than $600 million
VW Group's recall in China to fix defective gearboxes may cost it more than $600 million. The recall affects 384,181 vehicles including the VW Golf Audi A3, China's quality inspector said. Read More »
Skoda sees new models helping to offset Europe slump
Skoda is confident that deliveries this year will rise as the introduction of new or updated models, including a new large SUV, the Octavia compact and the Rapid Spaceback compact hatchback, offsets a drop in European demand. Read More »
GREEN CARS:EU politicians back compromise on car emissions targets
The European Union's industry committee has backed a compromise that would give carmakers limited leeway in the race to cut CO2 emissions in line with targets while rejecting German calls for more lenient rules. Read More »
Audi headlights banned in U.S. by 1968 ruling
Audi customers buying the A8 sedan in the United States will have to live without new matrix-beam headlights because of a 45-year-old regulation that prohibits their use on U.S. roads. Read More »
Mazda6 seeks gain in shrinking sector
