Supplier Johnson Controls said today its quarterly net income grew 12 percent, reaching $507 million, compared with $451 million during the same quarter last year.
Risky car loans are on the increase, rising interest rates will put a crimp on product prices, and a new wave of off-lease vehicles soon will wash over the market. That's the bad news, Thomas King, J.D.
Around 100 new electric vehicle quick-charging stations will be installed along high-traffic highway corridors on the east and west coasts by year-end under a new deal announced today by BMW, Volkswagen and EV-charging network operator ChargePoint.
Slowing vehicle sales growth rates across the industry are also likely to slow dealership buy/sell activity just as blue sky values peak, just not yet, a panel of experts on dealership transactions said at the 2015 J.D. Power Automotive Summit.
An executive at embattled Japanese auto supplier Takata was indicted today for conspiring to fix the prices of seat belts sold to carmakers, the US Justice Department said.
Successful auto dealers must make their dealerships look like their future customers with more women, minorities and the young, Toyota's head of automotive operations in the US says.
Federal regulators will add automatic braking to a list of technologies considered in its influential star-rating advisory system for consumers.
Hoegh Autoliners says its giant Osaka carship is on the move and could even arrive back in the Port of Southampton by 17:00 local today (22 January).
General Motors has told dealers to stop delivery of about 6,300 2015 Chevrolet Traverse, GMC Acadia and Buick Enclave crossovers because of a pending recall to replace tires that are prone to cracking.
Cadillac plans to ask about 700 of its dealerships to invest in small "boutique" stores that would offer "high technology showrooms" and a higher level of service than they offer today.
BorgWarner says it is providing its front cross differential (FXD) technology for the new Seat Leon Cupra.
Audi's continuing success has come with a stream of new products but is a TT family a step too far?
Cooper-Standard Holdings, the parent company of Cooper-Standard Automotive, says it will restructure its European manufacturing footprint based on current and anticipated market demands.
News
22 Jan, 2015
Toyota Mirai hydrogen fuel-cell car secures 1,500 orders in first month in Japan, production to be tripled in 2016
Toyota Motor is setting up a new business division called Mekong Region Virtual Company to help drive sales growth in Indochina, including Vietnam, Laos, Cambodia and Myanmar.
Parker Hannifin says it has elected company veterans Thomas Williams as CEO and Lee Banks as president and COO, each effective 1 February.
Continental Intelligent Transportation Systems has announced that effective January, Satish Khatu, former IBM general manager, global industrial sector, Helmut Matschi, member of the Continental executive board and head of the interior division, and Samir Salman, CEO NAFTA Continental automotive divisions, will be appointed as members of its new advisory board.
Hyundai Motor has said its net profit fell 15% last year to 7.65 trillion won (around USD7bn), a result that disappointed analysts.
PSA/Peugeot-Citroen said it will continue development of its Hybrid Air technology to reduce fuel use, despite reports in the French press that the project almost certainly will not see commercialization.
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
The latest auto news, reviews, prices, product and vehicle releases. 