Takata, the airbag supplier behind the auto industry's largest overall recall, projected burning through almost a quarter of its cash over the next year if repairs continue at the current pace, a person familiar with the matter told Bloomberg.
Delphi said it will work with two automakers to put a new 48-volt mild-hybrid system developed by the supplier into production next year.
The U.S. National Labor Relations Board voted 2-1 to uphold a December election by a small group of workers at Volkswagen AG's Tennessee plant to join the UAW, the labor board said today.
The 2017 Ford GT will have a starting price "in the mid-$400,000s" plus destination and delivery charges, Ford said as it began taking applications today for the first 300 to 500 cars.
Toyota is going all in on Ann Arbor, Mich., as a global test site for connected cars to gather data for research into autonomous driving and safety applications.
Almost two-thirds of dealers think they're under regulators' scrutiny, but just 37 percent provide comprehensive compliance training to all of their employees, a survey found.
News
13 Apr, 2016
Aston Martin and Quintessence Yachts showcase new luxury Aston powerboat at Milan's annual design fair
Delphi Automotive has won an appeal with the U.S. Internal Revenue Service and can be considered a British company, the automotive supplier said in a filing with U.S. securities regulators today.
Features
13 Apr, 2016
As Silverstone hosts the World Endurance Championship (WEC) opener, we profile the contenders
Porsche said first quarter 2016 sales set a company record with 55,974 new vehicles delivered worldwide, a rise of 10% year on year.
Major Chinese gaming company Youzu Interactive plans to partner with an electric vehicle maker to produce a sport utility vehicle for sale in 2018 according to Bloomberg.
Nexteer Automotive has opened its third manufacturing plant in Europe and said it would open its first technical centre in Tychy, Poland in mid-2016. The overall spend will exceed US$16m and more is planned.
News
13 Apr, 2016
The Daimler AG brand has posted huge growth figures through the start of this year and is on track to sell more cars than BMW or Audi
Lexus announced it had sold over a million hybrid vehicles since launching the RX400h SUV in 2005.
Opinion
13 Apr, 2016
Steve Fowler's love affair with F1 is almost over, as he resorts to wishful thinking in order to keep the flame alive
Delphi has unveiled its 48-volt vehicle solution which it says could prove pivotal for automakers in meeting future emission regulations without sacrificing performance for customers.
News
13 Apr, 2016
Two driverless cars have embarked on a 1,200-mile trip from Chongqing to Beijing as China pushes autonomous car tech
New vehicle sales in the Philippines rose by close to 17% to 27,521 units in March, from 23,557 in the same month of last year, according to a report released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
New vehicle sales in China rose by 8.8% to 2.44m units in March, from 2.24 units a year earlier, driven by strong demand for SUVs and MPVs - according to data released by the China Association of Automobile Manufacturers.