Nissan, NASA form randd pact to develop, deploy autonomous vehiclesAuto News

Nissan and NASA formed a five-year pact to develop the technologies that will enable autonomous driving.



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Mexico's light-vehicle output, exports hit record in 2014Auto News

Mexico's light-vehicle output in 2014 rose 10 percent from 2013 to a record 3.22 million units, while exports increased 9 percent to an all-time high of 2.64 million vehicles, a trade group said.



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Volvo will show S60 Cross Country in DetroitAuto News

Volvo will debut the S60 Cross Country at the Detroit auto show next week. Volvo has increased the sedan's ride height by 2.5 inches and added all-wheel drive. The S60 Cross Country will go on sale in the United States this summer.



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Driverless-car global market seen reaching $42 billion by 2025Auto News

Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by 2025, Boston Consulting Group said.



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J. Stuart Perkins, former VW of America executive, dead at 86Auto News

J. Stuart Perkins, who steered Volkswagen to a US sales record that has held for 45 years, will be remembered at a memorial service in Florida on Saturday. Perkins died in Sarasota on Dec. 25. He was 86.



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Honda to Pay Record Fine (1/8/15)

$70 million U.S. penalty for under-reporting injury, death claims; Subarus re-recalled; Detroit...

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About 1,400 Jaguar Land Rover and other vehicles stuck on grounded ship, reports sayAuto News

About 1,400 vehicles -- including 1,200 made by Jaguar Land Rover, 65 Minis, and one Rolls Royce Wraith -- could be damaged after a cargo ship carrying them ran aground on a bank in the United Kingdom, according to media reports.



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KAR Auction names Peter Kelly president of new digital groupAuto News

KAR Auction Services, parent of ADESA, has named Peter Kelly president of its new Digital Services Group, effective immediately. Kelly, 46, co-founded Openlane in 1999 and has been KAR's chief technology officer since 2013.



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Honda agrees to pay $70 million in U.S. fines for under-reporting death, injury claimsAuto News

Honda agreed to pay a record $70 million in fines and submit to stricter oversight for failing to tell the US government about warranty claims and more than 1,700 injuries and deaths linked to potential defects in its cars.



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Volvo will show S60 Cross Country wagon in DetroitAuto News

Volvo will debut the S60 Cross Country wagon at the Detroit auto show next week. Volvo has increased the sedan's ride height by 2.5 inches and added all-wheel drive. The S60 Cross Country will go on sale in the United States this summer.



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Barra sees U.S. auto market flattening out, but room for growthAuto News

General Motors CEO Mary Barra said she expected the US auto market to flatten out this year, although growth is possible because of the strong economy and falling gasoline prices.



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Subaru recalls 200,000 U.S. vehicles second time for brake line fixAuto News

Subaru of America is recalling nearly 200,000 vehicles for a second time in the United States to fix brake lines that may leak fluid due to corrosion from salty, wintery roads, which could lead to longer stopping distances and increase the risk of a...



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Ford boosts stock dividend 20% even after profit declinesAuto News

Ford raised its quarterly dividend 20 percent today, the third boost in as many years, even as the automaker has said profit would decline for 2014.



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Ford, GM post double-digit sales gains in ChinaAuto News

Ford and General Motors posted double-digit sales gains in China last year, the automakers reported this week.



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Honda misses China sales goal as Japan carmakers lose tractionAuto News

Honda missed its 2014 sales target in China amid a cooling economy and greater competition, the last of Japan's three biggest carmakers to report fewer than expected deliveries in the country.



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Takata stock rises after lender expresses supportAuto News

Shares in Takata, the maker of airbags that led to millions of vehicle recalls by global carmakers, rose to the highest price in more than two months as a major lender said it would support the troubled supplier should it fail.



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JCI to unveil battery just for vehicle stop-start systemsAuto News

Johnson Controls has developed a small lithium ion battery for use only by vehicle stop-start systems. The battery is about the size of a tissue box and weighs around 9 pounds.



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