Automotive electronics and technology supplier Delphi Automotive's fourth-quarter net income fell 44 percent from the year-earlier period to $192 million despite revenue and other measures that topped expectations.
Volkswagen AG replaced the head of its U.S. legal department with an outside lawyer as it seeks approval to fix nearly 600,000 vehicles that had software allowing them to cheat on emission levels.
Asbury Automotive Group said net income soared to $41.1 million in the fourth quarter of 2015 as revenues rose 9.1 percent to $1.64 billion.
Johnson Controls has recognised 11 component manufacturers at its sixth annual Supplier Excellence Awards ceremony.
Honda is expanding its recall in North America of late-model vehicles equipped with potentially defective Takata air bags, media reports said.
The German car market was up 3.3% to 218,365 units according to data released by the German KBA organisation.
Jeep sales in India will start in mid-2016, the automaker confirmed during the Delhi show.
Delphi has posted fourth quarter profit down 44.1% on currency movements and higher commodity costs, but the figures beat analyst estimates.
Key Safety Systems (KSS) has entered into a definitive agreement to merge with Ningbo Joyson Electronic Corporation (Joyson).
Continental Automotive Systems said it supplied potentially defective airbag control units to 5 million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other automakers built over a five-year period worldwide, widening an airbag...
Mazda reported a lower-than-expected operating profit for the third fiscal quarter largely due to a stronger yen against the euro and other currencies, and maintained its outlook for a slightly lower full-year profit.
Honda said it will recall 341,000 Accord sedans in the United States to replace an electric control unit used in its restraint system after confirming two injuries linked to the units.
Honda said it will recall 341,000 Accord sedans in the United States to replace an electric control unit used in its restraint system after confirming two injuries linked to the units.
News
4 Feb, 2016
New 1.5-litre TSI petrol and TDI diesel engines will replace existing 1.4 and 1.6 motors in cars like the VW Golf and Skoda Octavia
Subaru parent Fuji Heavy Industries reported a bigger-than-expected rise in third-quarter operating profit on strong sales of its Subaru cars and a favorable currency impact, keeping it on track to post a record full-year profit.
News
4 Feb, 2016
Performance version of RS Q3 crossover announced before Geneva show reveal, gets same power as RS 3 hatch
The Renault-Nissan Alliance said it sold 8,528,887vehicles in 2015, up almost 1% year on year, thanks to record sales in the United States, China and Europe.
The UK's new car market got off to "a positive start in January", the Society of Motor Manufacturers and Traders (SMMT) said, with registrations climbing 2.9% year on year to an 11-year high of 169,678 units. January 2005 saw 181,474 new cars registered.
Sevcon has acquired electric vehicle battery manufacturer, Bassi, whose product line includes fast charging technologies suitable for a range of markets, such as rapid, high voltage and high power sectors.
News
4 Feb, 2016
Citroen's new SpaceTourer van-based MPV replaces the Dispatch Combi, based on C4 Picasso platform
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