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Jul
27th

How did Sergio keep his illness a secret for a year?

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The revelation that the late Sergio Marchionne was seriously ill for more than a year raised the obvious question: How could a chainsmoking workaholic disguise it from senior colleagues?
Jul
27th

Fiat Chrysler says it didn’t know about CEO’s illness as queries surface

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The revelation by a Zurich hospital that Sergio Marchionne had been seriously ill for more than a year raised the obvious question: How could a workaholic disguise it from senior colleagues?
Jul
27th

Future vehicles – Mercedes-Benz EQ electrified models

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A series which examines the existing and next models for Daimler's passenger vehicle divisions now concludes with a look at what's coming for the EQ sub-brand. This follows recent features on Denza, smart, Mercedes-Maybach, Mercedes-Benz cars, Mercedes-Benz SUVs and Mercedes-AMG models.
Jul
27th

Daimler future models – Mercedes-AMG cars and SUVs

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Following a recently published walk through the ranges of current and future Denza, smart, Mercedes-Maybach, Mercedes-Benz cars and Mercedes-Benz SUVs, it is now the turn for Mercedes-AMG. An exploration of EQ electrified models to be published later in August will be the last in the Daimler series.
Jul
27th

Renault likely to quit Iran because of U.S. sanctions

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Renault's Iran operations are likely to be put on hold to comply with U.S. sanctions, Chief Operating Officer Thierry Bollore said.
Jul
27th

Future models – Mercedes-Benz SUVs

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Following a recently published look at current and future Mercedes-Benz passenger cars, now comes a round-up of what's ahead for SUVs and the X-Class pick-up. This series, which has also looked at Denza, smart and Mercedes-Maybach, will next turn to Mercedes-AMG, and then finish with an exploration of EQ electrified models.
Jul
27th

Gestamp records Q2 profit up 17% to EUR136m

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Gestamp has unveiled second-quarter net profit up 16.5% to EUR136m (US$158m), while revenue rose 9% to EUR2.2bn.
Jul
27th

ANALYSIS – Volkswagen Arteon 1.5 TSI Evo

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After launching the CC-replacing Arteon a year ago with a range of 2.0-litre petrol and diesel engines, now Volkswagen has brought in its 1.5-litre TSI, extending what is still an all-turbo line-up for this big, low-roof fastback.
Jul
27th

ANALYSIS – VW483 Volkswagen Arteon 1.5 TSI Evo

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After launching the CC-replacing Arteon a year ago in Europe with a range of 2.0-litre petrol and diesel engines, Volkswagen has now added its 1.5-litre TSI, extending the all-turbo line-up of this big fastback.
Jul
27th

Lear posts record Q2 proft up 6% to US331m

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Lear has reported record second-quarter net income up 6% to US$331m and sales of US$5.6bn.
Jul
27th

Renault posts first-half margin record despite headwinds

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Renault achieved record profitability in the first half as emerging-market sales surged, enabling it to shrug off challenges caused by adverse foreign exchange rates.
Jul
27th

Morocco gave PSA new solutions for building sales and exports

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Ten months might not seem like enough time to build an automotive assembly plant from scratch. But that's the timeframe PSA needed in Morocco.
Jul
27th

PSA LCV chief predicts sales boost from refreshed range of midsize vans

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PSA's light commercial vehicle business unit has a European market share of more than 20 percent after the group added Opel in August.
Jul
27th

Sergio Marchionne’s heart belonged to Canada, especially Windsor

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The investment in FCA's minivan plant sparked an economic revival in Windsor, Ont. Sergio Marchionne being Canadian isn't a coincidence.
Jul
26th

Lear piles up $331 million profit in Q2

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Lear posted a 6 percent increase in profit for the second quarter due to the addition of new business in both of its product segments and the addition of Grupo Antolin's seating business last year.
Jul
26th

BorgWarner Q2 net income surges 28%

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BorgWarner's increase in net income came despite customer downtime related to a supplier fire that interrupted production of the Ford F-150 and Ford Super Duty pickups in May, said outgoing CEO James Verrier
Jul
26th

Ally’s used originations, non-GM and Chrysler business grow in Q2

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Ally Financial's auto originations rose 12 percent in the second quarter, largely driven by gains in the used-vehicle market. At the same time, the lender's share of non-General Motors and Chrysler originations reached a record high.
Jul
26th

Why Fritz Henderson is unhappy with Adient’s results

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Seat supplier Adient is climbing back from some well-publicized production glitches and quality problems earlier this year, but the recovery is not going fast enough, said interim CEO Fritz Henderson.
Jul
26th

NAFTA talks could conclude in August, U.S. says

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U.S. Trade Representative Robert Lighthizer said it's possible NAFTA partners will reach a tentative agreement next month to revamp the 24-year-old pact.
Jul
26th

How Penske Automotive piled up record results in Q2

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Penske Automotive Group's second-quarter earnings jumped to a record, driven by same-store profit gains in new vehicles, used vehicles and finance and insurance, plus a bump from foreign exchange.
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