NHTSA has fined General Motors $35 million for delays in recalling small cars with faulty ignition switches that are linked to at least 13 deaths. (photo General Motors CEO Mary Barra)
Daily Archives: May 17, 2014
IBM Research discovers new class of industrial polymers
Using a novel computational chemistry hybrid approach, scientists from IBM Research have successfully discovered a new class of polymer materials—the first new class of polymers discovered in more than 20 years—that could potentially transform manufacturing and fabrication in the fields of transportation, aerospace, and microelectronics.
PSA’s China JV recalls 162,913 cars to fix defective valves
Dongfeng Peugeot Citroen Automobile Co Ltd, a joint venture between PSA Peugeot Citroen and China’s Dongfeng Motor Group Co Ltd, will recall 162,913 cars due to defective valves that could potentially lead to fuel leaks, China’s quality watchdog said.
Opel factory closure will cost more than €550 million
The closure of General Motors’ Opel factory in Bochum, Germany, is set to cost at least €550 million ($754.41 million), sources said.
Ford, Renault, Opel and PSA gain as European sales rise 4%
New-car registrations in Europe rose 4 percent in April with mass-market automakers Renault, Ford, Opel and PSA showing stronger growth than premium brands.
Registrations in the EU and EFTA markets increased to 1.13 million vehicles from 1.08 million a year earlier, industry association ACEA said today in a statement. Four-month sales gained 7 percent to 4.48 million.
