Auto News 5

Faurecia said a lower euro and cheaper raw materials would lift profit in 2015 as it posted solid second-half earnings growth. Net income rose to 78 million euros ($88 million) in the half, a 47 percent gain.

Renault is targeting further sales and earnings improvement this year after strong European deliveries of its low-cost Dacia cars and small SUVs helped to more than tripled full-year profit.

Renault is targeting further sales and earnings improvement this year after strong European deliveries of its low-cost Dacia cars and small SUVs helped to more than tripled full-year profit.

Chevrolet is giving the Equinox a facelift this fall for the 2016 model year, the first cosmetic upgrade to the popular crossover in six years.

Ram is restyling the top end of its pickup lineup with more chrome and a distinct new grille. Designers reworked the Laramie Limited trim's tailgate, front fascia and crosshair grille that were left over from when Ram vehicles were part of Dodge.

Suzuki will debut two concept cars at next month's Geneva auto show that preview future additions to its European lineup.

Honda CEO Takanobu Ito, under fire for how he is dismantling the traditional way the Japanese car maker sources parts and technologies, has resisted moves for his ouster and will fight on for another two-year term, four people with direct knowledge...

Two senators want new-vehicle stickers to include a 'cyber dashboard' that would include ratings for security systems designed to protect cars and light trucks from hackers and for privacy controls that safeguard vehicle data.

Tesla's fourth-quarter net losses widened to $108 million from $16 million as the EV maker approached the final stages of development for its Model X crossover. Fourth-quarter revenues were $957 million, up 55 percent from $615 million.

Even before former Treasury official Harry Wilson showed up at General Motors asking for a share buyback, the automaker was considering just such a move that could come later in this year, a person familiar with the matter told Bloomberg.

Harry Wilson has made it clear that General Motors' inert cash pile is just the first problem he would like a chance to fix if he gets himself elected to GM's board.

Renault says it will halt production at its Avtoframos plant in Moscow for three weeks as the worsening economic situation in Russia takes its toll on the automotive industry.

The Society of Motor Manufacturers and Traders (SMMT) on Wednesday brought together commercial vehicle and bus manufacturers with London's transport policy makers and others around the country at a special event in the capital to discuss the future contribution of commercial vehicles to improving air quality.The Society of Motor Manufacturers and Traders (SMMT) on Wednesday brough together commercial vehicle and bus manufacturers with London's transport policy makers and others around the country at a special event in the capital to discuss the future contribution of commercial vehicles to improving air quality.

Honda plans to spend $85 million to enable its East Liberty, Ohio, plant to produce a fourth nameplate, a move stemming from the company's bullish outlook for North American truck sales.

News 12 Feb, 2015

Nissan becomes first carmaker to apply UV absorbing glowing paint to a production car. The Leaf EV is the beneficiary.

It's not a 600-hp supercar, but Ford is unveiling a vehicle Thursday at the Chicago Auto Show that most people would find even more intimidating if it suddenly appeared in their rearview mirror.

According to LMC Automotive, the global light vehicle market ended 2014 on a high note with a best ever seasonally adjusted annualised rate of sales (SAAR) of 92m units a year posted in December as dealers and OEMs across the world aimed to hit their volume targets.

BMW will expand its minivan lineup with the seven-seat 2-series Gran Tourer that goes on sale in Europe in June. The latest 2-series variant will debut next month at the Geneva auto show.

Volkswagen's Audi unit bought fuel-cell technology from Ballard Power Systems in a deal worth as much as $112 million to advance VW Group's development of clean-running vehicles.

Strong year-end vehicle sales, gains in service and parts gross margins and investments in US commercial vehicle businesses pushed Penske Automotive Group to a 23 percent gain in net income during the fourth quarter.