Headlines for Saturday, August 30, 2014

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Suppliers unveil the future at world car-tech conference

9:00 am U.S. ET | Aug. 30, 2014
The upcoming ITS World Congress 2014 in Detroit will highlight the global transportation industry's future of connectivity, safety and automation. The Sept.

GM, museum to restore 3 of 8 prized 'Vettes damaged by sinkhole

12:15 pm U.S. ET | Aug. 30, 2014
GM and the National Corvette Museum will restore three of eight prized Chevrolet Corvettes damaged in February when they tumbled into a giant sinkhole that developed beneath the floor of the museum in Bowling Green, Ky.

California lawmakers adjourn without passing Tesla aid

6:34 am U.S. ET | Aug. 30, 2014
California lawmakers adjourned for the year without coming up with incentives to entice Tesla Motors to build a $5 billion battery plant in the state.

AvtoVAZ mulls in-house parts production to halt monopolies, corruption

Aug. 30, 2014 10:06 CET
AvtoVAZ, the Russian carmaker controlled by Renault-Nissan, may bring some parts production in-house to gain more competitive pricing and stamp out corruption in its local supply chain.

China watchdog probes another exec at FAW Group, VW's China partner

Aug. 30, 2014 09:58 CET
China's anti-graft watchdog says it is investigating a former senior executive at FAW Group Corp. for corruption. State-owned FAW has a joint venture with Volkswagen.

Great Wall breaks ground for Russian plant

Aug. 30, 2014 06:01 CET
China's Great Wall has started construction of a 3.2 billion yuan ($520.7 million) assembly plant in Russia. The factory will be the first full-scale assembly plant run by a Chinese automaker in Russia.

Fiat Chrysler sees New York stock market debut on Oct. 13

8:52 am U.S. ET | Aug. 30, 2014
Fiat-Chrysler Automobiles aims to list shares in the newly merged carmaker in New York on Oct. 13, CEO Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month.

Alfa dealers urged to offer luxury services

12:01 am U.S. ET | Aug. 30, 2014
Chrysler Group expects Alfa Romeo dealers to provide luxury services -- such as home pickup and delivery for repairs -- despite having only a handful of cars to sell for the next two years.

GM 8-speed likely to get wide use

12:01 am U.S. ET | Aug. 30, 2014
The eight-speed automatic transmission that will soon debut in the 2015 Chevrolet Corvette is expected to get broad use in General Motors trucks and luxury cars in coming years.

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