Tesla's net loss widened to $61.9 million in the second quarter even though it assembled and delivered record numbers of Model S electric cars. Revenues surged nearly 90 percent.
An executive from GS Electech, a supplier to Toyota, pleaded guilty today to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the Department of Justice said.
An executive from GS Electech, a supplier to Toyota, pleaded guilty Thursday to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the Department of Justice said.
Aluminum wheel supplier Superior Industries International said today that its second-quarter net income tumbled 21 percent from the year-earlier period to $5 million on flat sales of $199 million.
BorgWarner, a supplier of turbochargers and emissions systems, reported a 9 percent increase in net income for the second quarter as its engine division grows and the European market -- which makes up about half of the company's customer base --...
BorgWarner reported a 9 percent increase in net income for the second quarter as its engine division grows and the European market, which makes up about half of the company's customer base, continues to recover.
Future cars and light trucks will sport more sparkling oranges and browns, soft blues and greens, and pearly whites and grays -- all inspired by the clear skies, lush lawns and warm homes found in the nation's heartland -- according to trend...
Denso, the Toyota-affiliated auto supplier, posted a 16.7 percent drop in April-June quarterly operating profit from a year earlier as domestic labor costs rose and as automakers sold more compact cars in Japan that tend to be less profitable.
More than seven years before GM began the biggest wave of auto recalls in history, an investigator for Vanguard Car Rental contacted the carmaker about a fatal rollover crash in California. Vanguard wasn't alone.
News
1 Aug, 2014
Official design sketches hint at a more aggressive look for Hyundai’s i20, to be revealed at the 2014 Paris Motor Show
Delphi Automotive Plc today reported stronger-than-expected second-quarter profits, but offered a lower forecast for the third quarter.
Delphi reported stronger-than-expected second-quarter profits as increased sales in Asia and North America offset a slumping South America and a flat Europe.
Continental has raised its full-year profit forecast for the second time in five months after second quarter earnings rose on improving vehicle demand and a strong performance by its rubber division.
Volkswagen Group has reported an impressive 14.1% increase in net profit in the second quarter, despite acknowledging competitive pressures and difficulties in some emerging markets.
Japanese automakers Mazda and Subaru parent company Fuji Heavy Industries said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in the April-June quarter.
South African employer body, NEASA, says there have been "confrontations" as its requested lock-out by members continues following the ending of the country's damaging metalworking strike.
Mitsubishi Motor Corporation's net sales for the first quarter of the fiscal year ending 31 March 2015 were up 25.5% year on year to JPY513.79bn (US$5.018bn) compared with JPY409.43bn.
Denso's consolidated net sales for the fiscal first quarter ended 30 June 2014 rose 3.2% year on year to JPY1.03 trillion (US$10.2bn). Operating income was down 16.7% to JPY85.05bn.
News
31 Jul, 2014
Mercedes B-Class to receive minor facelift, including subtle styling tweaks and updated tech
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