Feb
25th
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Qoros is to show its latest model - the Qoros 3 City SUV - at the Geneva Motor Show next week.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Feb
25th
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Cooper Tire has posted 2014 net income of US$214m compared with US$111m the previous year.
Feb
25th
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BASF and Toda Kogyo formally established 'BASF Toda Battery Materials' with the closing of their joint venture agreement announced in October 2014. The new company will provide cathode active materials (CAM) for lithium-ion batteries in Japan.
Feb
25th
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Volkswagen has unveiled its new Touran with the redesigned MPV shown to media at the Autostadt in Wolfsburg, not far from its production site.
Feb
25th
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Volkswagen says construction is underway at the Chattanooga manufacturing facility in preparation for production of a new midsize SUV.
Feb
25th
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Aston Martin said its 800-plus-hp Vulcan will cost 1.8 million pounds ($2.79 million) in the company's UK home market. Aston said the carbon fiber supercar is powered by the most potent iteration to date of the company's naturally aspirated, 7.
Feb
25th
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Daimler's plans to expand production in the United States should be recalibrated if the euro remains weak against the dollar, the automaker's top labor chief, Michael Brecht, said.
Feb
25th
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Valeo is targeting a further boost in profitability this year after exceeding its 2014 goals on strong demand for emissions-cutting technologies and intuitive driving systems. The company's operating profit margin rose to 7.
Feb
25th
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Jaguar Land Rover is "indeed looking at North America as a location for another plant," said the chairman emeritus of owner Tata. His statement marks official confirmation of the British luxury maker's factory hunt.
Feb
25th
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JPMorgan Chase, the largest US bank, said it's in talks with the Department of Justice about possible racial disparities in markups that auto dealers charged on loans.
Feb
24th
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Tata Motors, producer of the car conceived as the world's cheapest, is rethinking the 'cheap' part of it.
Feb
24th
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Group 1 Automotive board member Beryl Raff has resigned, citing a potential conflict of interest related to her employer, Berkshire Hathaway, and its pending purchase of the Van Tuyl dealership group. Raff gave up her seat on Feb.
Feb
24th
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The Justice Department and state authorities are looking into the securitization of auto loans for possible fraud as part of an effort to seek out emerging areas of abuse, Acting Deputy Attorney General Sally Quillian Yates said.
Feb
24th
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Cooper-Standard Holdings Inc., facing foreign currency issues and soft sales on key programs in North America, said it lost $12.8 million in the fourth quarter of 2014. That was an improvement over the $20.
Feb
24th
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Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions systems supplier said today.
Feb
24th
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Buick climbed into the Top 10 while Acura, Infiniti and Mercedes-Benz fell hard in the latest report card on reliability and performance from Consumer Reports. Lexus finished No. 1 for the third straight year, ahead of a rising Mazda.
Feb
24th
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Cooper Standard has reported revenue of US$768m for the fourth quarter of 2014, compared to US$794m in the same quarter of the previous year, with the company attributing the decline primarily to unfavourable foreign exchange of US$31.5m.
Feb
24th
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Sogefi has reported a consolidated full-year net result down 83% to EUR3.6m (US$4.1m) compared to EUR21.1m in 2013 and has decided not to distribute a dividend in order to reduce debt of EUR304.3m.
Feb
24th
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Dealertrack Technologies, which supplies a wide variety of auto dealership retail software and services, said it posted revenue gains across the board during the fourth quarter of 2014 -- including organic growth of more than 20 percent.
