May
9th
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AAM has unveiled first quarter net income up 15% to US$61.1m compared to US$53.2m million last year.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
9th
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Nelson Global Products, which designs and manufactures tubular and exhaust products for commercial vehicle markets, has sold its Morton, Illinois facilities to Morton Industries.
May
9th
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Controlled Power Technologies (CPT), a developer of vehicle driveline electrification based on switched-reluctance machines (SRMs), has partnered with Ricardo, Tata Motors European Technical Centre (TMETC) and Provector, to apply its low voltage electric motor technology to the rear driveline of a B-segment city car through its 'Project Fever.'
May
9th
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Mexico's normally robust light-vehicle exports fell 16 percent in April as U.S. consumers leaned heavily toward light trucks that are not a big part of the Mexico product mix.
May
9th
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Car sales in Western Europe grew by 8% in April according to data released by LMC Automotive.
May
9th
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May
9th
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Electric, hybrid and other eco-friendly cars kick out as many toxins as diesel vehicles, according to scientists who say greener vehicles produce more tiny particles from tyre and brake wear because their batteries make them heavier.
May
9th
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Bosch is opening an office in Tehran and plans to hire 50 staff by the end of this year as the group's automotive division sees growing potential in Iran's car market following the lifting of international sanctions.
May
9th
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Takata said it will probably report a second consecutive annual loss, pointing to the growing financial toll its airbag recalls were having even before the U.S. ordered the supplier to double the number of devices that will be replaced.
May
9th
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Nissan has chosen Rio de Janeiro City for the global première of its compact, daringly-styled Kicks compact crossover which, it said, embodies a strong personality and is focused on details, especially aerodynamic features.
May
9th
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Sales of Mercedes vehicles rose 11 percent in April, boosted by strong demand in Europe and China and the launch of several new models, which helped offset flat deliveries in the U.S. Four-month brand sales were up 12 percent.
May
9th
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Renault's moderate CFDT union is slamming the automaker's board decision to rubber stamp CEO, Carlos Ghosn's EUR7.2m (US$8.2m) salary as part of a wider condemnation of top French executives' remuneration.
May
9th
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Honda said it was broadening its recall of cars with faulty Takata airbags by a further 20m cars globally, according to local reports.
May
9th
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Haldex and Zhejiang VIE Science and Technology have unveiled a joint venture to design, develop, produce, and sell electromechanical brake systems for commercial vehicles with an initial focus on the electric bus market in China.
May
9th
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Hyundai's Genesis luxury brand is barely off the ground but already it plans to enter the plug-in hybrid market, a move that echoes the alternative-fuel strategies of BMW and Mercedes-Benz.
May
9th
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The brainstorm to fill a 30-second advertising slot led to a marketing turning point for Subaru, kicking off an enduring, endearing TV campaign that has helped cement the brand's powerful connection with dog lovers.
May
9th
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There is mounting evidence that GM, ever the stumbling giant, finally is getting out of its own way, leveraging its size and scale in ways that its competitors probably hoped it never would.