Ford Motor plans to hire 2,200 salaried workers this year in the United States as it continues to beef up payrolls to handle rising sales and production in North America. The hiring surge is the largest increase in salaried workers in more than a decade, the company said in a statement today.
The New York Times Magazine is taking an inside look at how Chrysler Group's most expensive vehicle -- the 2013 SRT Viper -- is built by hand in the company's newly refurbished Conner Avenue assembly plant in Detroit.
Volkswagen brand sales surged in December to push its full-year worldwide volume up 13 percent to a record 5.74 million vehicles, the company said on Friday. VW brand sales jumped 31 percent during the final month of 2012 to 517,900 vehicles.
Another year, another Detroit auto show and another slew of changes. Automakers are scheduled to showcase about 55 new vehicles, 41 of them global debuts, at the 2013 show that opens with press previews next week.
Top executives at Fisker Automotive are scouring Asia - in particular, China - for funding and strategic partners that are viewed as crucial to the automaker's success, four people familiar with the matter said.
A seasoned Detroit labor lawyer said he had lived long enough to see a pig fly when Michigan passed right-to-work legislation last month in this UAW stronghold. Well, he might want to pack his bags, because Michigan is advertising flights on that pig.
The Chevrolet Corvette, once the coolest of cool rides on Route 66 and the rest of America's roads, has suffered the cruelest of fates: It's known as an old man's toy. Even the head of Chevy marketing acknowledges that too many people see it as the car of "the successful plumber."
Honda plans to cut about 800 jobs at its plant in Swindon, southwest England, due to falling demand for its vehicles across Europe. It is the first time Honda has cut jobs in the UK since it began car production there in 1992.
PSA will sign about 5.3 billion euros ($7 billion) in loans for its struggling bank unit in the next week after lenders offered more than originally sought, according to two people with knowledge of the matter.
Vehicle sales in China, including those of cars and buses, may accelerate this year and surpass 20 million units for the first time, the state-backed China Association of Automobile Manufacturers said in a statement in Beijing today.
South Korea's Halla Climate Control has decided to buy Visteon's automotive climate units, almost four months after the American auto-parts supplier announced the plan for combining the businesses to make them more competitive.
With Europe's new car sales set to fall this year to levels not seen since the 1990s, pressure will increase on automakers' revenues and operating margins. Fiat and PSA/Peugeot-Citroen may be the biggest losers in 2013, according to industry observers.