The Week on the Web

Stories highlighted in the "Week on the Web" feature in our print edition

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GM profit rises, aided by North America

Revenue slides 5% on Brazil, Russia weakness
7:45 am U.S. ET | April 23 | UPDATED: 4/23/15 4:15 pm ET - adds stock close

General Motors posted stout first-quarter profits from truck sales in North America, but trouble in Russia and Brazil and lingering fallout from last year's recall binge kept a lid on earnings.
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Toyota keeps global sales lead over VW, GM on U.S. demand
5:37 am U.S. ET | April 23

Toyota beat Volkswagen and General Motors to remain the world's top-selling automaker during the last quarter despite declining deliveries. Demand for SUVs has helped to ...
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TRW to sell suspension unit to THK for $400 million
6:46 am U.S. ET | April 22

TRW Automotive Holdings said it agreed to sell its linkage and suspension business to Tokyo conglomerate THK for $400 million. ...
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EVs need more fed support, study finds
11:32 am U.S. ET | April 22

A study commissioned by Congress says the federal government must to do more to support the market for electric and plug-in hybrid vehicles. ...
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Tesla to unveil home and utility batteries April 30
6:51 am U.S. ET | April 22

Tesla Motors Inc. will announce a home battery and a “very large” utility-scale battery on April 30, according to an e-mail sent to investors and analysts. ...
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ZF sells bonds to help finance TRW acquisition
2:37 pm U.S. ET | April 20

ZF raised $2.4 billion with the company's first bond sale in its 100-year history to help pay for its acquisition of automotive safety components supplier TRW Automotive ...
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Phil Martens out as CEO of aluminum supplier Novelis
1:56 pm U.S. ET | April 20 | UPDATED: 4/21/15 8:56 am ET - adds reaction

Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India ...
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Musk nearly sold Tesla to Google in 2013, new book says
11:33 am U.S. ET | April 20

A book titled Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future says Musk had a deal with Google's Larry Page to sell Tesla to the technology giant before th ...
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GM considers big investments in Michigan tech center
12:00 pm U.S. ET | April 9

General Motors is considering a multiyear expansion project at its Warren Tech Center in Michigan that would include new buildings, renovations and more jobs. ...
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NHTSA warns of rust on brakes in cold-weather states
6:30 am U.S. ET | April 9

Safety regulators warned millions of owners of older model vehicles in "Rust Belt" states to get their brake systems checked for corrosion, a warning that stems from a lo ...
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Henrik Fisker, Aston Martin settle suit over Thunderbolt design
4:15 pm U.S. ET | April 8

Aston Martin has put the brakes on Henrik Fisker's return to the auto industry. Fisker, sued by Aston Martin late last month over plans to produce a $400,000 supercar cal ...
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GM mulls $1.3 billion expansion of Texas truck plant
9:38 pm U.S. ET | April 8 | UPDATED: 4/9/15 3:01 pm ET - corrected

GM is mulling a $1.3 billion expansion of its Arlington, Texas, assembly plant to boost production of SUVs, according to documents from the city. The company says the inv ...
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Nissan to make automatic braking standard in Japan
6:29 am U.S. ET | April 7

Nissan will offer automatic braking as a standard feature in all volume cars in Japan by autumn, starting with the hybrid X-Trail SUV it unveiled today. ...
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VW's request to add to Chattanooga expansion approved
8:04 am U.S. ET | April 7 | UPDATED: 4/7/15 3:15 pm ET -- Update on approval

Volkswagen AG won approval from a Chattanooga government panel to add another 130,000 square feet to its $900 million factory expansion there, the Chattanooga Times Free ...
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