DETROIT—Fiat is planning to acquire 100 percent of the Chrysler Group by purchasing the 41.5 percent of shares in the company held by the UAW. Fiat currently owns 58.5 percent of Chrysler.
WASHINGTON—The National Highway Traffic Safety Administration has introduced a proposal to mandate that all light passenger vehicles be equipped with event data recorders beginning Sept. 1, 2014.
ARLINGTON, TX—GM has hired 1,000 new workers to build large SUVs at its assembly plant here. The new jobs are part of a $500 million expansion that includes a new stamping facility set to open next year.
YORII, Japan—Honda has developed a more ecological painting technology that moves from a four-coat, three-bake process to a three-coat, two-bake water-based process.