Webasto CEO Franz-Josef Kortuem considers a pair of tough decisions made within the last decade among his proudest professional accomplishments.
EXECUTIVE EDITOR BOB GRITZINGER: It's big, it's bad and nothing else matters. Well, actually, it does, but it's hard to argue with all of that raucous V8 power built into such a solid and serious American sedan.
Johnson Controls said net income in the quarter that ended June 30 rose 17 percent to $417 million from $357 million but the nation's largest automotive supplier lowered its forecast for earnings in the fourth quarter because of "softness" in...
Honda is recalling about 166,000 copies of the 2012 Honda
News
19 Jul, 2012
Flagship V8 engine finds its way into the Lexus IS-F Convertible
Ford is recalling the redesigned 2013 Escape SUV with the 1.
Ford is recalling 11,500 new Escape SUVs with 1.6-liter engines in North America because engine compartment fuel lines can split and leak fuel, causing fires.
News
19 Jul, 2012
The flagship BMW M6 Gran Coupe has been caught testing
SKF, the world's largest producer of bearings, will scale back production and make further cost cuts this year as a global slowdown continues to impact on business. Second-quarter operating earnings for the supplier fell to 2.
Maruti Suzuki on Thursday suspended production at its Manesar plant near New Delhi after rioting workers attacked managers late on Wednesday, leaving one senior executive dead and scores injured.
AutoNation posted a 9 percent gain in net income for the second quarter and cited in part the recovery in auto sales in states such as California, Florida and Texas.
Audi completed the 860 million-euro ($1.06 billion) purchase of Ducati and named its CEO, Rupert Stadler, to the motorcycle maker's board. Audi CFO Axel Strotbek and executive Horst Glaser also will join the Italian manufacturer's board.
Patrick Pelata, who stepped down as Renault's COO more than a year ago after a botched espionage investigation, will leave the company next month. Pelata, 56, is scheduled to depart effective Aug.
Honda is recalling 321,453 CR-V SUV vehicles and Acura ILX sedans worldwide to replace faulty door locks. The recall covers 166,609 CR-V and 6,228 ILX models in the United States.
Patrick Pelata, who stepped down as Renault's COO more than a year ago after a botched espionage investigation, will leave the company next month. Pelata, 56, is scheduled to depart effective Aug.
The final countdown to London 2012 has begun and BMW Group today unveiled its Olympic park pavilion, expected to draw thousands of visitors each day of the games.
Demand for Europe's market-leading cars slumped by 10.4 percent in the first sixth months of the year, more than the overall market decline of 6.6 percent, according to figures released by market researchers JATO Dynamics
The Volkswagen Group has presented the Volkswagen Group Award 2012 to its best suppliers.