Delphi Automotive reported a 27 percent decline in third-quarter net income as restructuring costs and debt refinancing offset revenue gains.
News
2 Nov, 2016
The Vauxhall Corsa recall affects 1.4-litre petrol versions, but is a separate issue to previous Zafira fires
Former Ford of Europe and Maserati chief Martin Leach has died from cancer at the age of 59.
Ford Motor Co.'s U.S. sales fell 12 percent in October, as every car and SUV in the Ford brand's lineup declined. It was the fourth consecutive year-over-year decline in Ford's monthly sales and its largest since August 2010.
Spanish new-car sales rose 4 percent in October but sales to private buyers dropped by 2.4 percent after a program offering discounts for owners to swap their old cars for new ones ended
After a brief stall, the auto industry saw fleet-wide fuel economy improve last year despite continued growth in light-truck sales, according to new data released today by the EPA.
After a brief stall, the auto industry saw fleetwide fuel economy improve last year despite continued growth in light-truck sales, according to new data released today by the EPA.
Martin Leach, a former Ford executive who led its European unit and also ran Maserati before taking a top position at electric carmaker NextEV, has died. He was 59.
China has promised that German automakers will not be discriminated against in the electric-car market as the country readies plans to set quotas for EVs.
The Goodyear tyre & Rubber Company has broken ground on a US$485m expansion of its tyre factory in Pulandian, Dalian, China.
Delphi Automotive reported third quarter 2016 net profit of $1.07 per share or $1.50 excluding special items.
South Korean anti-trust authorities have fined two Japanese automotive parts manufacturers for colluding to fix prices, according to local reports.
An automotive analyst says there is a "great deal" to be positive about the current state of the UK car industry, which could yet reach 2m units, but cautions Britain may still need access to tariff free trading conditions.
Volkswagen said it will pull out of the world rally championship at the end of the season in 2017 as part of a strategic shift to help overcome its emissions scandal.
Tesla CEO Elon Musk took his skeptics to task, giving more detail on potential benefits of the automaker's pending SolarCity acquisition and saying the deal's doubters have a history of making bad predictions.
Toyota and Mazda have discussed electric vehicles and connected cars as part of at least 10 potential areas for cooperation, the latest indication Japan's automakers will join forces to cope with technological trends shaking up their industry.
A fire at Ford's world headquarters in Dearborn on Monday prevented the No. 2 US automaker from releasing its October results. This means the full monthly recap of light vehicle sales will come later this week.
KKR and Co. has dropped out of the bidding for Takata Corp. as the troubled airbag maker seeks to finalize a shortlist of suitors by mid-November, according to people familiar with the matter.
German new-car sales fell by about 5 percent in October because there were two fewer selling days, Reuters reported. Adjusted for selling days, registrations rose by 5 percent.
German new-car sales fell by 5.6 percent in October as Peugeot, Toyota and Renault all gained ground on VW brand.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up