Jul
27th
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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.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jul
27th
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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
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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
26th
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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
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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
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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
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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
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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
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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.
Jul
26th
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Warren Brown, who wrote an influential automotive column for The Washington Post, died Thursday at a hospital in Haymarket, Va., from kidney failure, according to friends. He was 70.
Jul
26th
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Group 1 Automotive's gross profit and revenue climbed in the second quarter, driven primarily by improvements in the used-vehicle business. Operations in the U.K. also helped.
Jul
26th
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Sergio Marchionne received treatment for a "serious illness" for more than a year before his death on Wednesday, University Hospital Zurich said Thursday.
Jul
26th
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Sergio Marchionne received treatment for a "serious illness" for more than a year before his death on Wednesday, University Hospital Zurich said Thursday.
Jul
26th
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Global automotive seating specialist Adient announced disappointing third quarter results.
Jul
26th
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The Renault-Nissan Alliance (Mitsubishi Motors was added in 2016) has been quite a success story. In an industry driven by the manufacturing economics of scale, companies coming together have shown mixed results.
Jul
26th
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Hyundai joined a growing list of carmakers warning of more troubles ahead from a prolonged trade dispute after reporting quarterly earnings that missed analysts' estimates.
Jul
26th
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Visteon Corporation second quarter (Q2) 2018 net profit was US$35m ($1.17 per share) compared with $45m ($1.41) a year ago on sales of $758m versus $774m.
Jul
26th
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Federal investigators have reportedly connected recently retired UAW President Dennis Williams to a corruption probe in the widening union-FCA scandal.