Oct
26th
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Volvo said operating income fell 50 percent in the last quarter, as the company was hit by costs from product launches and the impact of higher tariffs.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Oct
26th
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Volvo said operating income fell 50 percent in the last quarter, as the company was hit by costs from product launches and the impact of higher tariffs.
Oct
26th
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Talks between VW and Ford on forming an alliance have broadened to include potential collaboration on autonomous driving and arrangements to make vehicles for one another, sources told Bloomberg.
Oct
26th
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Ford and VW are hurrying talks to broaden their alliance in ways that would help Ford reverse losses in Europe and South America and share costs for technology and small cars.
Oct
26th
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Ford and Volkswagen are hurrying talks to broaden their alliance in ways that would help Ford reverse losses in Europe and South America and share costs for technology and small cars.
Oct
26th
Stay connected Subscribe to our RSS feed
Ford and Volkswagen are hurrying talks to broaden their alliance in ways that would help Ford reverse losses in Europe and South America and share costs for technology and small cars.
Oct
26th
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Faurecia says it has reached binding agreements with Clarion and Hitachi, the controlling shareholder owning 63.8% of Clarion, for a tender offer to acquire 100% of the shares of the Japanese supplier for EUR1.1bn.
Oct
26th
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German chemicals giant BASF and South Korea's Kolon Plastics (Kolon Group) this week began operations at a new automotive plastics joint venture in the Gimcheon in North Gyeongsang Province.
Oct
26th
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Renault will double output at its plant in Casablanca that builds Dacia Logan and Sandero models, Morocco's state news agency said.
Oct
25th
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BorgWarner expects to continue to outperform the new-vehicle market #8212; partly by ramping up its business in hybrids and electric vehicles #8212; despite growing headwinds.
Oct
25th
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Ford said it is recalling nearly 1.3 million Ford Focus vehicles in the U.S. over an issue with the canister purge valve that may trigger engine stalls.
Oct
25th
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New advanced safety systems are slowly becoming more ubiquitous across the auto industry, but new research from the AAA indicates that safety benefits may come at a price.
Oct
25th
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Swedish supplier Veoneer, the Autoliv spinoff firm, pushed back its sales and margin targets, blaming production delays at customers struggling with tougher regulations and faltering demand.
Oct
25th
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Swedish auto supplier Veoneer, the Autoliv spinoff firm, pushed back its sales and margin targets, blaming production delays at customers struggling with tougher regulations and faltering demand.
Oct
25th
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Lyft said it acquired augmented reality startup Blue Vision Labs, accelerating the company another step forward in the race to revolutionize transportation through autonomous driving.
Oct
25th
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Given recent volatility in auto production schedules, trying to predict short-term production volumes is a slippery business right now, said Lear CFO Jeff Vanneste.
Oct
25th
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Sonic Automotive's net income dipped in the third quarter because of lower revenue and new-vehicle sales, though the company saw gains in its standalone EchoPark used-vehicle operations.
Oct
25th
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Oct
25th
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Despite substantial gains in the used-vehicle market and lease originations, Ally Financial's consumer auto originations remained flat in the third quarter because of declining new vehicle business.
Oct
25th
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Volkswagen accelerated its push into the booming SUV segment with the T-Cross, a small car that will compete in Europe against popular rivals such as the Renault Captur and the Peugeot 2008.