Dana Holding announced a net loss of $82m for the fourth quarter of 2015 versus a profit of $109m in 2014.
Dana Holding announced a net loss of $82m for the fourth quarter of 2015 versus a profit of $109m in 2014.
GM's Spring Hill, Tenn., plant will produce V-8 engines for the first time after the automaker invests $148 million in the facility, the company said today.
Toyota is recalling about 2.87m RAV4 sport utility vehicles worldwide after rear seat belts separated in one fatal accident in Canada and during a crash that injured a passenger in the US.
News
18 Feb, 2016
Hundreds of UK motorists are being asked to contact their dealer after news of counterfeit airbags sold on the internet emerged
KAR Auction Services, the parent company of ADESA, said it plans to acquire eight auto auctions that are part of the ServNet Auction Group.
Fujikura Automotive America said it moved its North American headquarters to the Detroit suburb of Farmington Hills, Mich.
Honda has tweaked its hybrid system for large vehicles to deliver better power and fuel economy. The improvements debuted in a hybrid Odyssey minivan and build on the two-motor system currently deployed in the Accord Hybrid.
Daimler CEO Dieter Zetsche's pay jumped 16 percent to $10.75 million last year as the company reported a 36 percent rise in operating profit.
Moscow analysts maintain AvtoVAZ's involvement with the Renault-Nissan alliance will see it far less vulnerable to supply chain fluctuations as the Russian automaker looks to bounce back from disappointing recent results with a raft of new models and cost initiatives.
Toyota has come out on top as Japan's most valuable global brand for the eighth year in a row according to a list compiled by US consultancy Interbrand.
Takata, the troubled Japanese supplier at the center of a global airbag recall crisis, is considering trimming its global airbag operations, including consolidating production plants in Europe and shedding overseas jobs, Kyodo News reported.