Automobile industry
Copper prices jumped on Tuesday, boosted by strong auto sales data from the Detroit big three and a surge in manufacturing activity in the US. The robust auto sales, which showed a double-digit growth in February, have provided a positive indication of copper demand as the metal is widely used
Automobile industry
U.S. regulators have requested and Toyota has agreed to expand a voluntary recall of floor mats that can jam against accelerator pedals, affecting over 2.1 million vehicles in the United States. This move comes as the Justice Department is seeking to force major cigarette makers to run an
Automobile industry
Ford's Fiesta has earned top crash-test ratings in the US, China, and Europe, marking the first car in the subcompact segment to achieve this feat. The 2011 Fiesta is a "top safety pick" in the US, as per the Insurance Institute for Highway Safety. This achievement
Automobile industry
A prominent European car sales showcase on the Gold Coast has found new life as the home of an office furniture business. Office Furniture Trade Centre, connected to local businessman Kevin Chaffey, has taken a 10-year lease with a 10-year option on the majority of the 4421sq m site at
Automobile industry
South Korea's two largest companies, Hyundai Motor Co. and Samsung Electronics Co., are set to sign a deal to develop a car that will enable seamless interaction between the vehicle's tablet computer and cellular phones. The "smart car" will allow automatic connection between the
Automobile industry
Ford Motor Company has announced plans to redeem its $2.98 billion aggregate principal amount of 6.5% junior subordinated convertible debentures, held by Ford Motor Company Capital Trust II, resulting in a $3 billion reduction in automotive debt. This move is expected to lower annualized interest costs by about
Automobile industry
The Super Bowl's most coveted advertising space was touted as the biggest and most expensive showcase for brands to capture attention, with automakers like Chrysler and Volkswagen staking their claim on the spotlight. Chrysler's emotional ad featuring Eminem and Volkswagen's adorable mini-Darth Vader stole
Automobile industry
South Korea's five major automakers saw a significant surge in sales in January, driven by strong overseas demand. Hyundai Motor Co. and Kia Motors Corp., the two largest players in the market, led the charge, with Kia's January sales increasing by 36.8% year-over-year. The combined
Automobile industry
Michigan State University faculty will gather for the 14th consecutive year to rate this year's Super Bowl commercials, with a stronger presence of auto industry ads expected, including Hyundai, which will run more ads, and Mercedes, which will air its first-ever Super Bowl ad. The faculty will use
Automobile industry
Global automotive technology leader, Johnson Controls, is set to make a significant presence at the 2011 North American International Auto Show (NAIAS) in Detroit, showcasing its expertise in automotive seating, interiors, electronics, and batteries. As a major event sponsor and exhibitor, Johnson Controls will display its newest components and systems,
Automobile industry
The North American International Auto Show drew thousands of people to Detroit's Cobo Center, with U.S. automakers showcasing their latest designs, power, and elegance in an effort to impress consumers and demonstrate the industry's recovery. Crowds flocked to the show to see the newest models
Automobile industry
Ohio Governor John Kasich's delegation, including himself, met with auto industry executives at the North American International Auto Show in Detroit, signaling the state's enthusiasm for attracting new investments and jobs. The meeting's purpose was to make Ohio a more attractive place for auto
