Honda has raised its forecast for operating profit this fiscal year on the back of a weakening yen and strong Q3 financial results.
Renault has restarted production at its Douai plant in northern France after a three-day hiatus caused by a massive fire at interior supplier, Recticel, which has thrown several OEMs' just-in-time plans into considerable flux.
President Donald Trump huddled with General Motors CEO Mary Barra, Tesla CEO Elon Musk and several top executives of major U.S. companies on Friday as the business community finds itself increasingly split over how to respond to his policies.
Daimler, which has just announced financial results records for full year 2016, said its Mercedes-Benz brand started 2017 with double-digit growth and a 47th consecutive record month for unit sales.
Fuji Heavy Industries and Hyundai Motor America have each announced world premieres for the imminent Chicago auto show.
FCA US, Ford Motor Company, Hyundai Motor America, Nissan North America and Subaru of America all had vehicle world premieres at the 2017 Chicago auto show.
UQM Technologies has inked an agreement with Meritor, with the latter company developing integrated axle components for E-axle technology.
Tenneco has appointed Brian Kesseler as the company's new CEO from May this year, succeeding Gregg Sherrill, who has been chairman and CEO since January, 2007, but who will continue with the supplier as executive chairman.
Tata Motors will unveil a concept at the Geneva auto show next month that could preview a halo sports car to be sold under its new, upscale Tamo brand.
Johnson Controls is announcing investments to grow aftermarket battery manufacturing capability in the US. The company will accelerate US$450m in investment at its existing facilities across the country to increase capacity to grow its aftermarket service and supply capabilities.
Domestic sales among South Korea's five main automakers were flat at 106,210 units in January, compared with 106,281 units in the same month of last year, according to preliminary data released individually by the country's vehicle manufacturers.
French supplier, Lectra, has appointed Jérôme Viala, CFO, as executive vice president for the Group.
Chinese automaker Jianghuai Automobile Co Ltd (JAC) and Mexico's Giant Motors Latino America plan to jointly assemble SUVs at a plant near Mexico City, according to local sources.
Bosch has followed hard on the heels of Volkswagen in reaching civil settlements of US$328m in the US in connection with VW, Audi and Porsche vehicles, although the German supplier is at pains to stress "no acknowledgement of the alleged facts, no acceptance of any liability."
Bosnia's Hastor family said its demand to replace nearly half of Grammer's supervisory board should not be construed as an aggressive move to gain control of the company.
Robust sales in North America and China, along with lower recall costs, powered a 27 percent surge in operating profit at Honda in the latest quarter. The sales increase and falling costs more than offset huge foreign exchange losses.
The latest issue of the Automotive News Europe monthly magazine goes live on Monday, Feb. 6. The new edition looks at whether Russia sales are ready to rebound after a four-year drought during which sales halved.
Mexico, the United States and Canada could overhaul rules about a product's country of origin in a renegotiation of the NAFTA trade treaty in order to strengthen regional supply chains, the Mexican economy minister said.
Past assumptions that China's automakers would make a run at the economy end of the U.S. market are proving to be wrong. They're aiming up-market.
Uber CEO Travis Kalanick quit President Donald Trump's business advisory group after the ride hailing service came under mounting pressure from activists who oppose the administration's immigration policies, including Uber drivers, many of whom are...