Federal regulators have decided to extend the comment period on distracted driving guidelines another 24 days, after an auto industry trade association asked for more time to review the feds' proposal, according to a notice to be published Wednesday in the Federal Register.
General Electric CEO Jeff Immelt said people "may be disappointed in the adoption of the electric vehicle," but his company will continue investing in battery technology to reflect its confidence in an eventual uptick.
Jim Press, the former Toyota and Chrysler executive turned China dealership guru, says it's only a matter of time before foreign dealers tap the world's biggest auto market. Since September, Press has run dealerships in China for McLarty Automotive Partners as president of its international unit.
Honda was among the foreign manufacturers flexing their design potential at the Beijing motor show with a pair of concepts styled for the Chinese market. Named the Concept C and the Concept S, they preview vehicles set to arrive in China in the coming years.
French supplier Faurecia, the world's biggest maker of car interiors and exhaust systems, confirmed its full-year targets after posting an 8.4 percent gain in quarterly sales, helped by strong demand in North America and Asia.
General Motors, Daimler, BMW, Audi and PSA are counting on China to maintain growth for their premium offerings, although they expect luxury car sales to rise at a slower pace amid higher fuel costs and a decelerating economy.
Automakers led by General Motors and Volkswagen drafted a plan to expedite their parts validation processes as the industry tries to counter a shortage of resin used for making fuel and braking components.
Nissan is proving that being late to the party in China doesn't have to be a handicap, and is poised to widen its lead among Japanese automakers in the world's biggest car market with speedy and aggressive expansion plans.
GM CEO Dan Akerson said it will be “a while” before Opel turns a profit, and he wouldn't rule out closing factories as he restructures the automaker's money-losing German unit. He described the carmaker's European operations as a “four-alarm fire.”
Maserati says that the Beijing auto show will be the fourth and final auto-show appearance for its Kubang SUV concept. "After Beijing, we will retire the Kubang concept. Our SUV will reappear in its production form and with its final name in due time," Maserati CEO Harald Wester said.