Assa Abloy has signed an agreement with Japanese company, Alpha, to sell its Car Lock business.
Mahindra and Mahindra says it is revising its strategy for SsangYong and will suspend plans to push into the U.S. to focus instead on China.
Car sales in Western Europe turned in another strong month in February according to data released by LMC Automotive.
Minda Industries has acquired the global lighting business of Spain-based Rinder Group, which manufactures head, tail and small lights for EUR20m (US$21.9m).
Magna International has been steadily growing in Asia since the mid-1990s and today has almost 17,700 employees at 48 manufacturing locations and 26 product development, engineering and sales offices. To find out more about the supplier's presence and market strengths in Asia, Matthew Beecham met with Frank O'Brien, Executive VP for Magna's business in Asia while on a visit to Magna's North American headquarters in Detroit.
News
7 Mar, 2016
It's not a beech buggy, it's a birch buggy - and the Toyota Setsuna Concept will go on display next month in Milan
AvtoVAZ CEO, Bo Andersson is to step down, although no indication is as yet available from the Russian automaker who his successor will be.
News
7 Mar, 2016
Volvo has announced a new range of sporty Polestar parts for the S60, V40, V60 and XC60
Johnson Controls is bringing the third generation of its reduced-emissions polyurethane foam to market.
News
7 Mar, 2016
BMW celebrates its 100th year in 2016, and today it will reveal a special new car to mark the occasion
Renault-Nissan said Bo Andersson planned to step down as CEO of AvtoVAZ, which builds Lada cars. Renault-Nissan has a majority stake in the holding company that controls AvtoVAZ.
BMW's factory in Spartanburg, S.C., is the brand's biggest plant in the world, and it will become even larger when a $1 billion expansion is completed this year.
Fiat Chrysler CEO Sergio Marchionne's holdings in the companies he runs are worth $232 million at recent share prices, making him more invested in his employers than fellow auto bosses, according to Bloomberg.
Houston's Mac Haik group wants the industry to copy its successful technician apprenticeship program, and end the poaching that plagues dealerships and drives up costs.
The parts department at Brighton Ford includes a 150-square-foot convenience store for employees and customers, similar to that found on any city corner. The foot and beverages are a profit center for the parts department, and keep employees on site.
Aston Martin is cooperating with Chinese technology developer LeEco and could expand their work together. LeEco's founder is also the backer of Faraday Future, the start-up maker of electric cars that intends to build a plant in Nevada.
In 2013, Don Hinds Ford in Fishers, Ind., converted its showroom, service department and lot lighting from incandescent to LED, reducing maintenance and saving $4,000 a month on electric bills.
Seemingly minor tweaks can be critical to a brand's prospects in China, the world's largest vehicle market.
As Nissan prepares to bolster its U.S. supply of the fast-selling Rogue compact crossover with 100,000 annual imports from Japan, a top executive suggests that the number could go higher.