Auto News 5

News 28 Apr, 2016

Volvo will extend its SUV range down from XC90 and XC60 with the BMW X1 rivalling XC40

News 28 Apr, 2016

Volkswagen boss talks of regaining trust and difficulties in fixing dieselgate cars in VW conference address

VW Group's namesake car brand slumped to a loss in the fourth quarter as the automaker's emissions-cheating scandal tarnished its reputation and added costs to appease customers and dealers.

Mitsubishi Motors, embroiled in a scandal over inflated fuel economy ratings for small cars sold in Japan, said today that an internal audit has found no testing problems with cars sold in the United States between model years 2013 and 2017.

U.S. new-vehicle sales in April are projected to rise about 4 percent from a year ago, according to four forecasts, easing concerns that the market is weakening.

Aluminum-wheel supplier Superior Industries more than tripled its first-quarter net income, driven by a 25 percent gain in wheel shipments.

Carl Icahn-controlled Federal-Mogul today reported a $35 million profit in the first quarter as sales in its aftermarket parts division rose 7.5 percent.

General Motors plans to spend $789 million to prepare its Spring Hill, Tenn., plant for production of a new engine program, creating nearly 800 jobs, GM said today.

General Motors, Fiat Chrysler, Toyota and other automakers by next week must decide if they will challenge an order that they give depositions in the massive Detroit civil lawsuit alleging price-fixing in the supply chain.

Seating and electronics supplier Lear reported today a 69 percent increase in first-quarter net income, driven by rising sales and demand for its parts.

Tesla CEO Elon Musk has told investors his electric car company will stop burning cash and turn a profit this year, and corralling costs associated with quality problems will be critical to making good on that pledge.

VW Group has hired external advisers McKinsey and Co. to better react to the turmoil caused by its emissions cheating and help draft a strategy to move beyond the scandal, people familiar with the matter said.

The head of one of the biggest U.S. dealership groups said major automakers must cut production in order for dealers to keep healthy profit margins.

A Volkswagen PowerPoint presentation from 2006 described 'in detail' how the German automaker could cheat on stringent U.S. emissions tests, the New York Times reported today.

News 28 Apr, 2016

Even though UK car making is booming, output is far from breaking all-time manufacturing record set in 1972

News 22 Jan, 2019

Krueger has joined the Dyson electric car project and will oversee the development of the brand's manufacturing base in Singapore

News 27 Apr, 2016

Vacuum manufacturer Dyson to develop electric car as revealed by government documents

News 27 Apr, 2016

CEO Elon Musk hints at plans to introduce smaller, cheaper model after the forthcoming Model 3

Ford today issued five recalls covering a total of about 285,000 vehicles in North America for problems that include transmissions downshifting into first gear at high speeds, poor welding and tires damaged by a factory conveyor belt.