May
1st
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Dana's first-quarter net income jumped 44 percent to $108 million on stronger demand across commercial, off-highway, and light vehicle business lines.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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May
1st
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Sales at FCA US climbed 4.5 percent in April to 184,149 on the strength of a 20 percent gain at Jeep. The company's fleet mix was 22 percent for the month, up from 17 percent a year ago, while retail sales fell 1 percent.
May
1st
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Ford Sollers purchasing says it is not seeing a great impact on the automotive sector of sanctions imposed on Russia as a recovering economy continues to propel the automotive sector upwards.
May
1st
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Skoda will make some of its Karoq SUV at a Volkswagen plant (Osnabrueck) in Germany due to high volume of orders and upgrades to the Czech lead plant.
May
1st
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Former Metaldyne CEO George Thanopoulos has again partnered with New York private equity firm KPS Capital Partners LP to build a new auto supplier.
May
1st
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GAC (Guangzhou Automotive) has hosted its second international distributor conference in Beijing. Themed "Forge ahead to win the future," the Conference was attended by more than 30 distributors from 12 countries.
May
1st
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May
1st
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Toyota's US unit has announced full details of the 2019 Corolla hatchback as more of the 12th generation car sold globally is gradually revealed market by market.
May
1st
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U.S. auto sales fell about 4.8 percent in April on weaker car and fleet volume, and two fewer selling days, but the pace of sales remained strong as the spring selling season continued to unfold with some gusto.
May
1st
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FCA US posted a 4.5 percent gain in U.S. sales last month behind a surge in volume at Jeep. Deliveries slipped 4.5 percent at Ford and 28 percent at Nissan.
May
1st
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The United States said it would delay until June 1 import tariffs of 25 percent on steel and 10 percent on aluminum for the EU, Mexico and Canada.
May
1st
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The United States said it would delay until June 1 import tariffs of 25 percent on steel and 10 percent on aluminum for the EU, Mexico and Canada.
May
1st
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AutoNation's revenue rose in the first quarter, driven by gains in each of its business segments, but net income fell 4.5 percent.
May
1st
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Volkswagen Group Rus says it "learned" from the crisis years not to rely too heavily on imported components as a weak rouble made shipping in parts uncompetitive.
May
1st
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A tentative labor agreement was reached at a Lear facility in Ajax, Ontario, where a three-day strike caused a production slowdown at a nearby Fiat Chrysler assembly plant.
May
1st
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While auto workers in Germany and South Korea fight to save their jobs, one of China's youngest auto brands is gearing up to build crossovers at a new factory with digitally connected robots and a fresh workforce of 1,800 people.
May
1st
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Supplier Dana reported a healthy rise in net income to US$108m for the first quarter of 2018, versus $75m a year previously, citing increased operating earnings from higher sales.
May
1st
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The University of Michigan has begun construction of the US$75m Ford Robotics Building on its Ann Arbor campus.
