FCA US is, reportedly under pressure from government, conducting a voluntary safety recall to update software in approximately 1.4m US vehicles equipped with certain types of radio after it was shown this week hackers could gain control of the car.
Fiat Chrysler is recalling 1.4 million vehicles to close a software loophole that allowed hackers to remotely take control of a 2014 Jeep Cherokee.
Tenneco's second-quarter profits dipped 3.7 percent to $78 million from the year-earlier period. Revenue, adjusted for the unfavorable impact of currency exchange rates, increased 3 percent to $2.31 billion.
Johnson Controls has confirmed speculation circulating last month it was to divest its automotive business by announcing plans to spin off the division in around 12 months.
Johnson Controls, the largest U.S. auto parts supplier, reported higher quarterly net profit on fatter margins across the company's main three business segments.
News
27 Jul, 2015
The 2015 Tartan Prancer was created for the movie Vacation and could easily be the worst car of all time
Johnson Controls plans to spin off its giant automotive seating unit, which will operate as an independent, publicly traded company.
Johnson Controls plans to spin off its automotive seating and interiors businesses, which will operate as an independent, publicly traded company.
News
24 Jul, 2015
To celebrate 65 years of the Plus 4, Morgan plumbs a 225bhp Cosworth engine into the AR Plus 4 special edition
Toyota's GB's 50th birthday announcement it would launch the Mirai this September attracted a lot of interest on just-auto this week, as well it might.
Plastic Omnium has posted half-year net income up 31% to EUR142m (US$155m), with sales rising 11.8% to EUR2.95bn.
Honda has officially opened its new Silicon Valley R&D facility, using the occasion to unveil a facelifted 2016 Accord with its first application of Apple CarPlay and Android Auto.
Webasto has opened its new EUR40m (US$44m) administration and development centre in Stockdorf, near Munich.
The Indonesian government has raised import tariffs on a wide range of goods, including food, clothes, drinks, household goods, appliances and vehicles.
TDK has unveiled an NTC sensor element designed for measuring temperatures up to 650°C, which can be used in exhaust gas recirculation systems.
Thermal management specialist Halla Visteon Climate Control is changing its corporate name to Hanon Systems.
GM Chief Executive Mary Barra has been pushing executives in China since the first signs of trouble in the market early this year to find ways to hit the company's target of delivering 9 to 10 percent profit margins, despite falling car prices...
Ferrari's upcoming stock listing may struggle for investor attention with competitors in its own ranks. Buying one of the Italian supercars, like a Testarossa, has generated gains that are hard to beat.
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