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Feb
4th

How ZF is moving on after failed bid to take over Haldex

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ZF is moving on after a failed attempt to take over brake manufacturer Haldex. The supplier's plans include expansion in electronic-braking technologies and developing new customer groups using ZF's e-platform concept, CEO Stefan Sommer said.
Feb
3rd

First time up to bat, Adient scores a profit gain

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In its first quarter as an independent company, Adient, the world's largest automotive seating supplier, reported Friday that net income increased 8.7 percent to $149 million.
Feb
3rd

Key Safety Systems chosen as favored buyer of Takata, report says

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Key Safety Systems has been selected as the favored buyer for embattled Japanese airbag supplier Takata, the Nikkei Asian Review reported Friday, without citing sources.
Feb
3rd

Thieves nab 2 trailer loads of JLR engines in minutes

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Call it Gone in 360 seconds. Thieves in central England stole two trailer loads of new engines from the Jaguar Land Rover plant in Solihull, England, this week.
Feb
3rd

BMW’s Witt moves to Holman Automotive

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Petter Witt, who formerly headed all of BMW's U.S. sales operations, is joining Holman Automotive Group. He will oversee Holman's 10 stores in Pennsylvania and New Jersey.
Feb
3rd

Toyota, Suzuki near technology partnership agreement, report says

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Toyota and Suzuki are nearing a partnership agreement to develop technology for a variety of functions, including for self-driving vehicles, the Nikkei business daily reported.
Feb
3rd

Bill Ford’s struggle to stay friends with Donald Trump

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Few corporate chieftains seem to have cultivated President Donald Trump quite like Bill Ford. It had been a rough start, with Trump blasting Ford Motor for building cars in Mexico.
Feb
3rd

FCA confirms 3 Super Bowl ads, but won’t say which brand

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Fiat Chrysler Automobiles said it will run three ads in this year's Super Bowl and spots will run in the second, third and fourth quarters. But FCA wouldn't say which brands or vehicles would be highlighted.
Feb
3rd

Ex-VW chairman Piech testifies in Winterkorn probe

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Volkswagen's former Chairman Ferdinand Piech, who left the company following a showdown with ex-CEO Martin Winterkorn in 2015, has testified to prosecutors investigating Winterkorn's involvement in the carmaker's diesel scandal, according to...
Feb
3rd

Defective Takata airbags found in repaired BMWs, prompting fresh recall

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BMW is recalling about 230,000 vehicles in the U.S. after discovering that some may have been fitted with defective Takata airbag inflators during repairs, such as after a crash in which the devices deployed.
Feb
3rd

Trump orders review of Dodd-Frank, potentially impacting CFPB, Cordray

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President Trump ordered a sweeping review of the Dodd-Frank Act rules enacted in response to the 2008-09 financial crisis, a move that could impact the Consumer Financial Protection Bureau and auto lending.
Feb
3rd

German car market up strongly in January

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Germany's new car market was up 10.5% in January according to data from the German KBA transport authority.
Feb
3rd

Range Rover will launch Porsche Macan, BMW X6 rival, report says

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Land Rover will launch a sporty Range Rover to rival the Porsche Macan and BMW X6, a report said. The SUV will sit between the Range Rover Evoque and Range Rover Sport and will be called the Velar, according to the report.
Feb
3rd

THE WEEK – PSA’s DS brand under the microscope

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What must PSA Groupe do to turn the DS brand around? We asked. And answered this week with an in-depth exploration of future model strategy in the first in a series concerning the French automaker's passenger car brands. It's been a very popular read but it's lengthy so pull up a cup (or glass, it's Friday) of your favourite beverage and get comfortable first.
Feb
3rd

Australia sales inch up in January

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Motor vehicle sales across Australia got off to a solid start in January, with the month s sales nudging ahead of the same period last year and showing a rise in activity among private purchasers, the Federal Chamber of Automotive Industries (FCAI) said.
Feb
3rd

AutoNation’s Q4 net jumps 18%, revenue up 2.6%

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AutoNation's fourth-quarter net income jumped 18 percent to $115.3 million, as revenue rose 2.6 percent to $5.48 billion on gains in all major business operations.
Feb
3rd

Honda raises forecasts after buoyant Q3 results

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Honda has raised its forecast for operating profit this fiscal year on the back of a weakening yen and strong Q3 financial results.
Feb
3rd

Renault mulls supply impact after Czech factory blaze

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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.
Feb
3rd

Barra, Musk, CEOs meet with Trump amid tension over policies

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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.
Feb
3rd

Daimler sets 47th consecutive monthly sales record

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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.
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