As for Fiat, the largest auto maker of Italy it's time to leave home after one hundred and fifteen years.
The Agnelli family controlling the firm and other investors had a meeting yesterday in Turin to seal off Fiat as an Italian company as it merges with Chrysler.
The United Auto Workers (UAW) on Thursday set up a new local in Chattanooga, claiming it will help Volkswagen workers organize again following a failed attempt earlier this year.
Taking a clue from Google Inc's self-driving cars, German auto giant Daimler AG's Mercedes-Benz division recently demonstration a self-driving truck prototype in Magdeburg, Germany.
The website of Colorado's Department of Motor Vehicles (DMV) is currently averaging 70,000 hits per hour; thanks largely to the immense interest in the new Colorado law which allows non-US citizens living in the state to apply for driver's licenses. Prior to the enactment of the law, the DMV website averaged only about 8,000 hits per hour.
Though the figures showing the recovery of car sales in the EU remained undaunted in the month of April, yet slow growth in demand is causing considerable worry after a brawny first three months. This came to surface on Friday after some data was published by the industry.
In an official announcement made on Thursday, bigwig automaker Ford Motor said that the company's CEO, Alan R. Mulally, would retire July 1, 2014. Mulally's retirement, which was expected this year, would end the executive's spectacular stint as the CEO since joining Ford in 2006, when the automaker was struggling for survival.
According to the US National Highway Traffic Safety Administration (NHTSA), bigwig German automaker BMW is recalling over 156,000 cars and SUVs in the US due to engine stall issues.
The problem which has prompted the recall by BMW either causes the engine of the affected vehicles to lose power or stops the engine completely.
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