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6th
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Mounting recalls this year are a 'black eye' for the auto industry, AutoNation CEO Mike Jackson said today.
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Nov
6th
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Volvo isn't giving up ground in the all-wheel-drive wagon market to Subaru, as has just about every other automaker. The Swedish brand will introduce the Volvo V60 Cross Country at the Los Angeles Auto Show in just a few weeks.
Nov
6th
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Lincoln opened the doors to its first three stores in China today, launching what it is billing as a new customer service initiative -- 'The Lincoln Way.'
Nov
6th
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A federal judge in Manhattan has set Jan. 11, 2016, for the first trial in consolidated litigation against GM over a series of safety issues, including a faulty ignition switch, that have prompted millions of recalls this year.
Nov
6th
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Over 70 Takata employees temporarily evacuated the supplier's San Antonio seatbelt production plant after a small fire broke out early this morning, officials said. Employees were back at work shortly after the fire.
Nov
6th
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Honda's Canadian unit said today it plans to invest C$857 million ($750 million) over three years to upgrade manufacturing plants in Alliston, Ontario, which will be the global lead for production of the next-generation Honda Civic.
Nov
6th
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Car sales in Western Europe grew by 5.5% in October according to data released by LMC Automotive.
Nov
6th
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AvtoVAZ says it saw sales rise 4.7% in October to 40,207, with nearly 38,000 sold in Russia, up 3.5% compared to September.
Nov
6th
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Visteon Corporation announced a third quarter 2014 net loss of US$21m ($0.46 a share) on sales of $1.97bn. Adjusted EBITDA excluding discontinued operations was $142m, compared with $126m in Q3 2014.
Nov
6th
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Takata is taking more special losses related to airbag recalls as it forecast that it will record a loss of 25bn yen in the year to the end of March 2015.
Nov
6th
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General Motors has said in a court filing it should not have to face lawsuits based on safety issues in cars made before its 2009 bankruptcy, including a faulty ignition switch that led to the recall of 2.6m cars earlier this year.
Nov
6th
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Ford, seeking to hit year-end sales goals, rolled out a bonus program that offers dealers a cash bounty for meeting sales targets that some retailers criticize for cheapening the brand.
Nov
6th
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Honda of Canada Manufacturing (HCM), a division of Honda Canada, said it would spend C$857m over three years to add new technology and processes at its three plants in Alliston, Ontario, ahead of one becoming the global lead factory for the next generation Civic, the best-selling passenger car in the country for the past 16 years.
Nov
6th
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Alitalia has lined up former Ferrari boss Luca Cordero di Montezemolo as chairman and Etihad Airways CEO James Hogan as his deputy in the new company that will be formed when the Italian airline ties up with the Abu Dhabi-based carrier, sources said.
Nov
6th
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Alitalia has lined up former Ferrari boss Luca Cordero di Montezemolo as chairman and Etihad Airways CEO James Hogan as his deputy in the new company that will be formed when the Italian airline ties up with the Abu Dhabi-based carrier, two sources...
Nov
6th
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BMW says it has begun development of a midsize sports car platform with Toyota as part of a wider cooperation between the two carmakers that includes working together on fuel cell research, lightweight technology and lithium ion batteries.
Nov
6th
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Visteon said today it posted a $21 million net loss for the third quarter because of charges from discontinued operations, but revenue surged 33 percent, helped by its acquisition of Johnson Controls' electronics business.
