Fisker Automotive, the plug-in hybrid carmaker seeking a buyer, is weighing several bids, including a $350 million offer from Dongfeng Motor that would give the Chinese carmaker majority control, people with knowledge of the matter told Bloomberg.
Under a bill introduced in the House of Representatives, dealers no longer would have to fill out paperwork assuring buyers that the emissions control systems of the cars they purchase have not been modified.
BMW is recalling 30,265 of its X5 SUVs from model years 2007-2010 to correct a brake vacuum pump leak, according to U.S. safety regulators. Separately, Chrysler said it is recalling 4,278 Dodge Viper sports cars globally to fix a part that could cause the airbags to inadvertently deploy.
A key German government body said it has proposed Brussels grant Daimler AG until the end of 2015 to meet new European Union laws mandating the use of climate-friendly air conditioning refrigerants in cars.
European sales declined for the fifth consecutive year in 2012, falling 8 percent to 12.6 million. But not everyone suffered. Kia, Hyundai, Audi, Land Rover and Jeep bucked the downward trend because of fresh models in hot segments.
Hyundai has begun construction of a vehicle test center at Germany's famous Nuerburgring race track as the automaker seeks to lift its brand profile in Europe. The new facility, which will open in June, will be used to test all vehicles designed specifically for the European auto market.
General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon... » Watch the Video