BMW is recalling 154,472 vehicles registered in the U.S. and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW.
BMW is recalling about 136,000 vehicles registered in the U.S. for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators.
Audi cut its revenue forecast for the year, blaming volatile currency markets. Revenue will stagnate compared with 2015 due to "challenging" conditions, it said. Previously Audi predicted a modest increase.
Calsonic Kansei shares surged to a record in Tokyo after a report that the U.S. investment firm KKR and Co. will acquire the Japanese auto-parts supplier backed by Nissan Motor Co.
AutoNation's net income dropped 9.5 percent to $107.3 million in the third quarter as it sold fewer vehicles and suffered because of the Takata airbag recall and automakers' sales incentive programs.
News
28 Oct, 2016
The 2017 Mercedes S-Class is set to gain advanced new engine tech along with a 48v electrical system
AutoNation is embarking on a wide-ranging, $500 million brand extension strategy led by the launch of stand-alone used-vehicle stores using no-haggle pricing.
VW Group denied that its fixes for diesel cars in Europe with rigged software may damage the vehicles' engines.
Despite the impact of 'dieselgate' Volkswagen Group generated an operating profit before special items of EUR11.3 (10.2)bn in the first nine months of the year, representing an increase of 10.5%.
Visteon has reported sales of US$770m and net income attributable to Visteon of $28m, or $0.81 per diluted share in the third quarter
Mitsubishi Motors today reported its first quarterly operating loss in nearly six years as the Japanese automaker struggles to recover from a slump in domestic sales after admitting to overstating the fuel economy on its vehicles.
Qualcomm Incorporated and NXP Semiconductors have announced a definitive agreement, unanimously approved by the boards of directors of both companies, under which Qualcomm will acquire NXP.
PPG has announced the completion of the first phase of an expansion project at its facility in Tepotzotlan, Mexico. The completed expansion, which adds production and distribution capacity for automotive adhesive and sealant products, is part of a two-phase project that will help PPG meet increasing demand in the growing Mexican automotive manufacturing industry.
Toyota is staking its long-term survival on adapting to shifts customer demands through a data-sharing partnership with Uber. Toyota needs to operate with a sense of crisis to keep pace with its customers, top executive Didier Leroy said.
Mercedes-Benz says the first production model of the new EQ product brand is to be produced in Bremen by the end of this decade.
Magna International has announced that its its vision-based driver-assistance technologies are featured in the 2017 Ford Super Duty Trailer Reverse Guidance system.
Ford Motor Company announced on 27 October 2016 the appointment of Laura Merling as vice president, Autonomous Vehicles Solutions, of Ford Smart Mobility LLC, Ford's subsidiary working to design, build, grow and invest in emerging mobility services. Merling will report to Jim Hackett, Ford Smart Mobility LLC chairman, and be based in Palo Alto, California.
FCA US has announced a US$10.4m investment in a new Mopar Parts Distribution Centre (PDC) located in Romulus, Michigan. The new facility will encompass 500,000 square feet and more than 100 workers. Preliminary construction work has already begun on the new Metro Detroit PDC.
Denso has posted first half of fiscal year results that show sales and profit down on last year.
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