Apr
29th
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Lear has reported first quarter net income soaring from US$147m to US$248m, with sales up US$200m to US$4.7bn.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
29th
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Buried in VW's 400-page annual report are crucial details on the diesel-emissions scandal that investors can't afford to ignore.
Apr
29th
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Mitsubishi Motors North America (MMNA) last night (29 April) said vehicles sold in the United States were not impacted by the fuel consumption testing data irregularities the automaker has admitted to over the past two weeks.
Apr
29th
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Goodyear has unveiled first quarter net income down 18% to US$184m and sales down US$0.4bn to US$3.7bn, largely due to unfavourable foreign currency translation of US$141m and the deconsolidation of the company's subsidiary in Venezuela
Apr
29th
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Ford Motor, which announced record quarterly profits on Thursday (29 April), said last night it was idling its F-150 pickup factory near Kansas City for a week in May to rectify a problem preventing the plant from reaching production targets.
Apr
29th
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French officials found that some cars they tested had higher CO2 and NOx emissions on the road than in laboratory tests but discovered no "cheat" devices.
Apr
29th
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Edmunds.com has forecast 1,514,855 new cars and trucks will be sold in the US in April for an estimated Seasonally Adjusted Annual Rate (SAAR) of 17.5m.The projected sales would be a 4.8% decrease from March 2016 but a 4.3% increase from April 2015.
Apr
29th
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General Motors is to plough US$788.7m into a new engine programme, as well as projects to modernise vehicle operations at its Spring Hill Manufacturing Plant, creating 792 jobs and retaining 16 posts.
Apr
29th
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Continental raised its profit margin target for this year after stronger demand for tires and industrial components pushed first-quarter profit and sales higher.
Apr
29th
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Fiat Chrysler and Google owner Alphabet are close to a deal on a technology partnership for self-driving cars, multiple reports said.
Apr
29th
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The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, May 2. This month's edition looks at how CEO Carlos Tavares plans to turn PSA Group the world's most efficient carmaker.
Apr
29th
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Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Czech Republic. Output is expected to peak at more than 75,000 units this year, according to IHS Automotive.
Apr
29th
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Dealers are -- or should be -- preparing to take any sales slowdown in stride, by beefing up their service and parts operations.
Apr
29th
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Google is mounting a lobbying and public-relations campaign across America to win acceptance for autonomous vehicles and to shape the rules of the driverless road.
Apr
28th
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Think Subaru and you don't immediately think 'six-cylinder family sedan'. If the Legacy 3.6 is like no other car in the D/mid-size segment, then its unique attributes only seem to add to the appeal.
Apr
28th
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Facing a scandal over emissions violations, how did Mitsubishi quickly provide the kind of clarity and closure that Volkswagen dealers still yearn for?
Apr
28th
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Tower International, which makes heavy metal components and assemblies for cars and trucks, said today it will not sell its European division, citing the industry's growth in the region.
Apr
28th
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Chinese consumers' continued preference for luxury brands could help make that country Cadillac's largest global market in the next five to 10 years, the head of General Motors China said today.
Apr
28th
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Hacking into an electronic vehicle system would have serious consequences under bills introduced today in the Michigan Senate: life in prison for the offender.