Matthew Simoncini, who retired after guiding Lear to record sales and profits, was the highest-paid CEO at publicly traded U.S. automotive companies last year, according to the Automotive News/Equilar CEO Compensation study.
Supplier consultant Laurie Harbour says tariffs are raising tool costs for auto suppliers.
Tesla's story has been such a soap opera that it's hard to know which twists and turns are worth heeding.
A Texas jury on Friday hit Toyota with a $242 million verdict after finding that defects in the front seats of a 2002 Lexus ES300 caused serious injuries to a Dallas family's two young children.
Not too long ago, SEAT was a troubled member of the Volkswagen clan. Money slipped through its fingers, no-one quite knowing how the Spanish adoptee could be made to feel what its role should be. Now things have changed with the newly confident division's models much in demand.
Seven years ago it didn't exist. Today it's General Motors' number two brand in the world's largest car market. Baojun has become more successful than Chevrolet, isn't far behind Buick and outsells Wuling by a factor of two to one.
Aston Martin Lagonda calls itself the world's only independent luxury car group and is said to be preparing for an IPO. Whatever happens, the company now seems to have a good plan to make the business viable, provided of course, there are no nasty shocks for the world economy.
Is there no stopping Jeep? Even in China, where sales of SUVs continue to fall, the American make is bucking the trend. In the USA, deliveries for July were in record territory. The Grand Cherokee accounts for much of the brand's success and is on course to cross the quarter million sales mark by year end.
A flood of vehicles obtained fraudulently and shipped to metro Chicago has prompted police to warn dealers nationwide to exercise extra diligence in verifying the identity of online customers.
Detroit's traffic jam/party of the year known as the Woodward Dream Cruise is back for a 24th year with 1.3 million people expected to jam the three-day event.
The executive who led Key Safety Systems' push to acquire Takata in a $1.6 billion deal has left the supplier to become the CEO of Busch Performance Group.
News
20 Aug, 2018
Just 25 examples of the Aston Martin DB5 will be made and will cost collectors £2.75m each, but they won’t be road legal
There was some good news for Wolfsburg this week when Volkswagen Group said it planned to lift annual output at the plant to 1m units a year by 2020.
VW Group said its global vehicle sales jumped 11 percent last month as growth was boosted by a special sales program in Europe for vehicles ahead of the introduction of new emissions tests in September.
VW Group's global vehicle sales increased 11 percent last month, helped by a sales program in Europe to clear out vehicle stocks ahead of the introduction of tougher emissions tests.
News
17 Aug, 2018
New addition to the Giulia range mixes the Veloce and Quadrifoglio, while the Stelvio gets some mild updates too
Siemens is one of eight organisations to be awarded a place on a London-wide framework contract hosted by TfL, London Councils and Greater London Authority to provide street electric vehicle charging solutions.
News
17 Aug, 2018
MG’s MG3 updated inside and out with a new look and brand new interior styling
A new research programme by the Warwick Manufacturing Group (WMG) at the University of Warwick (UK), and XPI Simulation, co-funded by Innovate UK (a UK government body), is examining the potential for applying the simulation technology used to train Formula 1 drivers for the testing and certification of autonomous vehicles.