AAM has posted third quarter net income up 1.3% to US$61.7m, reflecting the impact of a US$3.4m asset impairment charge and US$0.7m of acquisition related expenses.
InvenSense has announced a collaboration with Panasonic Corporation for the development of sensor technology solutions and of new automotive safety high-performance MEMS-based inertial sensors.
The UK new car market experienced modest growth in October following the plate change month of September, according to the Society of Motor Manufacturers and Traders (SMMT). 180,168 cars were driven off the UK's forecourts last month as registrations grew 1.4%.
Sales of imported vehicles in South Korea rebounded in October following months of decline in after the Volkswagen emissions scandal came to light more than a year ago.
VW Group said the software allowing its diesel vehicles to evade emissions rules does not violate European law, as the automaker aims to toughen its legal defenses in view of a possible rise in compensation claims in its home region.
UK trade body, Society of Motor Manufacturers and Traders (SMMT) says there would not have been guarantees made to Nissan ahead of its dramatic announcement last week (27 October) it was to continue significant investment into its Sunderland plant.
BMW's third-quarter profit rose 1 percent to $2.64 billion as demand for its SUVs propelled sales in Europe and China, offsetting a slump in the U.S. market, which the automaker said had become "more volatile." Profit at the automotive unit fell 3.
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4 Nov, 2016
Audi has treated us to official pictures and details on the new Audi A5 Cabriolet, here’s everything you need to know…
The latest issue of the Automotive News Europe monthly magazine goes live on Monday, Nov. 7.
Fiat Chrysler will idle its minivan assembly plant in Windsor, Ontario, beginning Monday, Canadian union officials said, because of a parts shortage.
I don't know if Martin Leach was a product visionary, but he was certainly capable of visionary analysis.
Fiat Chrysler Automobiles is cutting back on discounted, lower-margin sales to fleet customers in the U.S., following General Motors in a strategy that helped the larger rival post record third-quarter profit.
Renault-Nissan's new gasoline-electric hybrid technology would be competitive in Europe, CEO Carlos Ghosn said today, as carmakers turn away from diesel for smaller vehicles.
Federal marshals raided the booths of two Chinese companies at the annual Specialty Equipment Market Association convention in Las Vegas on Wednesday, seizing parts, displays and communications equipment after allegations of copyright infringement.
Federal marshals raided the booths of two Chinese companies at the annual Specialty Equipment Market Association convention in Las Vegas on Wednesday, seizing parts, displays and communications equipment after allegations of copyright infringement.
Magna booked sales of US$8.8bn for the third quarter ended 30 September, 2016, an increase of 16% over the third quarter of 2015. This was achieved despite North American light vehicle production increasing only 1% and European light vehicle production declining 2%, compared to the third quarter of 2015, the supplier said.
U.S. District Judge Charles Breyer said today Volkswagen AG has made substantial progress in talks with the U.S. Justice Department and other government agencies toward resolving the fate of about 80,000 polluting diesel 3.0-liter vehicles.
Renault said it is in talks to invest in a car plant in Pakistan with local partners. Pakistan's government wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda and Suzuki.
Diversified Canadian auto supplier Magna posted a gain in third-quarter operating profits while acquisitions and new production programs helped fuel a surge in revenue.
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