Tier One supplier Johnson Controls (JCI) booked a 25% year on year rise in first fiscal quarter 2013/14 operating income to US$686m on sales up 5% to $10.9bn.
Kelley Blue Book (KBB) analysts are picking US new light vehicle sales this month will rise 1.6% year on year to 1.06m units for an estimated 15.9m seasonally adjusted annual rate (SAAR).
News
24 Jan, 2014
The facelifted 2014 VW Polo has been spied completely undisguised, ahead of its official launch at the Geneva Motor Show
Webasto-Edscha is expanding its production capacity for convertible roofs at its European textile competency centre in Slovakia.
Audi plans this year to further narrow the gap with market leader BMW and keep Mercedes at bay, CEO Rupert Stadler said at the World Economic Forum in Davos.
Audi plans this year to further narrow the gap with market leader BMW and keep Mercedes at bay, CEO Rupert Stadler said at the World Economic Forum in Davos.
Research carried out at the University of Michigan suggests that motorisation in the US may have peaked.
Hyundai's full-year revenue growth "underperformed significantly when seen alongside the volume growth of 7.3% and adverse currency movements are to be blamed for the disappointing trend", according to IHS Automotive senior research analyst Anil Sharma.
European Commission (EC) authorities have launched the first steps of an infringement procedure against Germany for its supposed non-compliance with the Mobile Air Conditioning Directive (MAC).
News
24 Jan, 2014
McLaren Mercedes’ new 2014 MP4-29 F1 car has been unveiled today, fitted with the new 760bhp 1.6-litre turbocharged V6 engine
The joint venture between ZF Friedrichshafen and Kamaz, Russia's largest commercial vehicle manufacturer, has officially opened its new production facility in Naberezhnye Chelny to assemble the Ecomid and Ecosplit commercial vehicle transmissions.
Toyota Motor's cumulative vehicle production in Japan has passed 150m units with the milestone reached on 5 December, the automaker announced on Friday (24 January, 2014).
Chrysler introduced its pushbutton automatic shifter in 1956, and continued selling cars with this feature through the 1964 model year.
Some say he downloaded his entire browsing history into his right pinky. Some say he linked his YouTube account to his brain and now translates comments into Swahili. All we know is, he's called the Stig.
News
24 Jan, 2014
Toyota increases standard kit and drops the price on selected RAV4 models, to mark the SUVs 20th anniversary
From the Muppets to James Franco and British villains, Hollywood will be working hard for the auto industry during the Super Bowl.
Kia posted fourth-quarter profit that missed estimates as a stronger won cut exports.
Toyota is leaving nothing to chance as it plunges into sales of hydrogen fuel cell vehicles next year and aims to defy those who are skeptical of the technology.
Hyundai said fourth-quarter net income climbed 15 percent over the previous year, but forecast sales growth would hit an eight-year low in 2014 as competition intensifies and the stronger won hampers exports.
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