Apr
30th
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Tenneco has reported first quarter net income of US$46m compared with US$54m in the same period last year.
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Apr
30th
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Automotive mergers and acquisitions (M&A) continued to decline for the second straight year to 465 total deals in 2013, PwC reported in its report Driving Value: 2013 Automotive M&A Insights.
Apr
30th
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Robert Bosch expects sales growth of between 3 and 5 percent this year, even as the automotive supplier shifts its focus toward Asian markets and developing Internet-connected sensors.
Apr
30th
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PSA Peugeot Citroën says it has completed the share and rights issues for Dongfeng Motor and SOGEPA, a fully-owned French State company, for a total of EUR1.05bn (US$1.45bn), as well as formally appointing Louis Gallois as chairman.
Apr
30th
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The Bosch Group reported sales up 7% in the first quarter of 2014 taking FY13 sales to EUR46.1bn (US$63.7bn) an increase of 3.1% over FY12.
Apr
30th
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Bosch expects sales growth of between 3 percent and 5 percent this year, even as the supplier shifts its focus toward Asian markets and developing Internet-connected sensors.
Apr
30th
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Auto glass supplier Saint-Gobain booked growth of 2.6% (6.8% on like-for-like basis) in sales to EUR9.87bn (US$13.63bn) in the first quarter of 2014.
Apr
30th
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Magna International's powertrain unit has laid the foundation stone for a new manufacturing facility in Ramos Arizpe, Coahuila, Mexico, to supply Audi's new SUV plant also currently under construction.
Apr
30th
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Italian dealers association Federauto says the country's plan to offer a government subsidy of up to 5,000 euros to buyers of electric vehicles is a waste of money because the scheme is flawed.
Apr
30th
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ZF Friedrichshafen says it increased its workforce by 6% last year creating around 4,200 jobs globally, with some 2,000 of these added in Germany.
Apr
30th
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VW Group is edging closer toward taking full control of its Swedish truck division, Scania, after its buyout offer won broad support from shareholders and fell just short of an acceptance threshold.
Apr
30th
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According to a poll conducted on behalf of tire manufacturer Bridgestone, 6 percent of American adults would prefer to get a colonoscopy than to change a flat tire.
Apr
30th
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On April 29, 2004, the last Oldsmobile rolled off the line and took the century-old badge with it.
Apr
30th
Fiat Chrysler Automobiles CEO Sergio Marchionne plans to turn Alfa Romeo into a standalone company, Automotive News Europe reports.
Apr
30th
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-- The C-01 certainly qualifies as the lightest vehicle Lotus has ever built, because it's a bicycle.
Apr
30th
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30th
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Daimler's first-quarter operating profit more than doubled as its expanded compact car range and demand from China and the U.S. boosted vehicle sales to record levels.