One current and two former executives of Espar and its German parent company Eberspaecher have been indicted for conspiring to fix the prices of heaters used in trucks to keep drivers warm, the Justice Department said today.
Fields Auto Group has agreed to buy Brumos Automotive in Jacksonville, Fla. The deal is expected to close in mid-February. Brumos declined to announce the terms of the transaction because it remains subject to governmental and manufacturer approvals.
Thomas Amato, co-president of powertrain components supplier Metaldyne Performance Group, will step down from the position at the end of the year, the company said today.
Striking workers at Nexteer's Saginaw plant in Michigan have returned to work after a lightening stoppage saw 3,200 staff down tools in a protest concerning pay.
Volkswagen Group has picked company veteran Francisco Javier Garcia Sanz to oversee the cleanup of its diesel scandal. The automaker also named Skoda's Frank Welsch as VW brand's new head of technical development.
Volkswagen Group has picked one of its most experienced executives, Francisco Javier Garcia Sanz, as the executive in charge of cleaning up its diesels scandal.
News
9 Dec, 2015
Save the planet and look cool doing it with aero additions to the hybrid hatchback
Subaru of America broke ground on its new headquarters in Camden, N.J., today, promising to create 100 jobs in exchange for a $118 million state grant to build its new home.
Volkswagen is appealing to the US National Labor Relations Board (NLRB) to reconsider its decision to allow the automaker's Chattanooga maintenance workers to vote separately in terms of union representation rather than as with one whole body for the workforce.
Pep Boys today gave Bridgestone three days to top Carl Icahn's $15.50-per-share, $863 million takeover offer, saying its board had determined that the billionaire investor's bid is superior to their earlier agreement.
Acura is returning to the Super Bowl after four years. The brand says the first quarter spot will feature the NSX supercar and focus on its North American roots.
As city new vehicle sales slow and traffic congestion increases, China is introducing purchase subsidies for rural region buyers, a media report said.
Genesis, South Korea's first premium auto brand, unveiled a flagship sedan it promises will compete in the 'top of the luxury car market' with 'world best' technologies.
News
9 Dec, 2015
Luton firm will provide over 2,000 police vehicles to 28 UK forces, including 1,200 new Astras
News
9 Dec, 2015
Updated model is 51kg lighter than the Exige S and retains the 345bhp supercharged V6 engine
Samsung Electronics will focus on autonomous driving, information and entertainment components for automobiles in its push to boost sales in the car parts business, where South Korean rival LG Electronics Inc. has established a lead.
General Motors is to plough US$127.4m in powertrain and structural components to support production of new aluminium engine blocks and components at its Bedford Casting Operations, creating around 127 future jobs.
Dow Chemical is in late-stage talks to merge with DuPont in what would be the largest deal in the chemicals industry, people with knowledge of the matter told Bloomberg. Both companies have a major presence in the automotive supply chain.
The supervisory board at Daimler named Renata Jungo Brüngger to the management board effective 1 January, 2016. She will take over responsibility for integrity and legal affairs, succeeding Christine Hohmann-Dennhardt. Brüngger's appointment runs to 31 December, 2018.
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