Manufacturing

One-time costs drag down BorgWarner Q4 net income

11:59 am U.S. ET | Feb. 11, 2016

BorgWarner, which supplies fuel-saving turbochargers and emissions systems, reported higher adjusted earnings in the fourth quarter, but net income declined after several one-time charges.... Read More »

Daimler will invest $2.94 billion on cleaner diesels

Feb. 11, 2016 15:21 CET

Daimler will spend $2.94 billion by 2019 on developing next-generation diesel engines to help the automaker to meet new pollution-measuring standards.... Read More »

Jaguar Land Rover will build XE sports sedan in India

Feb. 11, 2016 14:40 CET

Jaguar Land Rover will begin assembly of a fourth model, the Jaguar XE sedan, at its plant in Pune, India.... Read More »

Faurecia raises dividend after sales, margins climb

Feb. 11, 2016 11:24 CET

French supplier Faurecia today reported an increase in its operating margin for the second half of 2015 to 4.8 percent and raised its dividend for the year by 86 percent.... Read More »

Camaro 1LE performance version will offer V-6

12:01 am U.S. ET | Feb. 10, 2016

The Chevrolet Camaro 1LE track-ready performance model that debuts this week at the Chicago Auto Show will for the first time be offered with a V-6 engine under the hood.... Read More »

Subaru recalls 77,000 Tribecas for hood latch defect

3:58 pm U.S. ET | Feb. 10, 2016

Subaru is recalling 77,000 Tribeca SUVs from the 2006-14 model years in the U.S. for a defect that could cause the hood to unexpectedly open while driving.... Read More »

LARRY P. VELLEQUETTE

BLOG: I agree with NHTSA: E-shifters stink, but they're not defective

2:07 pm U.S. ET | Feb. 10, 2016

I have something in common with the fine folks at the National Highway Traffic Safety Administration: I don't like e-shifters, either. But let's be clear. This isn't an alleged defect.... Read More »

VW, Audi, BMW recall 1.7 million U.S. cars with Takata airbags

8:27 am U.S. ET | Feb. 10, 2016

The Volkswagen Group of America is recalling about 850,000 vehicles due to potentially faulty airbags made by Japanese supplier Takata -- the company at the center of a long-running global safety crisis. BMW added another 840,000 vehicles to the recall.... Read More »

Self-driving cars succumb to snow blindness as driving lanes disappear

6:41 am U.S. ET | Feb. 10, 2016

As automakers race to get robot cars on the road, they're encountering an obstacle very familiar to humans: Old Man Winter. Simple snow can render the most advanced computing power useless and leave vehicles dead on the highway.... Read More »

GM mobilizes to build more small pickups

3:44 pm U.S. ET | Feb. 9, 2016

General Motors will increase production of the Chevrolet Colorado midsize pickup, which has been in tight supply since its debut 18 months ago, a company executive said today.... Read More »

Tenneco adjusted earnings rise 23% in Q4, shares rise

3:14 pm U.S. ET | Feb. 9, 2016

Tenneco's fourth-quarter adjusted earnings rose 23 percent to $80 million as the the supplier of emission-control systems and ride-control components today reported higher revenue generated from light vehicle production in North America, Europe and China.... Read More »

GM recalling 473,000 SUVs, pickups in N.A. for brake pedal problems

4:14 pm U.S. ET | Feb. 9, 2016

General Motors said it is recalling 473,000 pickups and SUVs in North America because brake pedals could fail due to a faulty nut.... Read More »

Applied Acoustics International names industry veteran Larry Hagood as CEO

3:55 pm U.S. ET | Feb. 9, 2016

Applied Acoustics International, the sound barrier and noise dampening supplier created last week when UGN Inc. sold its automotive acoustics business, today named Larry Hagood, 56, as its CEO.... Read More »

Bob Rossiter, who helped build and rebuild seating giant Lear, dies at 69

11:28 am U.S. ET | Feb. 9, 2016

Former Lear CEO Bob Rossiter, who worked with the company for 40 years and led it through bankruptcy in 2009, died Sunday after a yearlong battle with cancer.... Read More »

Continental to build $1.4 billion tire plant in Mississippi

6:07 am U.S. ET | Feb. 9, 2016

Continental's decision to commit $1.4 billion for a truck/bus tire plant in Mississippi reflects the company's belief that demand for its commercial tire products in North America will continue to grow at above market pace.... Read More »

Porsche CEO says profits will be hit by EV investment

Feb. 9, 2016 11:02 CET

Porsche is bracing for smaller profit gains in the future as the sports-car maker steps up spending on models such as its first EV, CEO Oliver Blume said.... Read More »

Tesla shares dogged by falling gas prices, output concerns

4:49 pm U.S. ET | Feb. 8, 2016

Tesla shares fell to a two-year low amid concerns that cheap gasoline is stifling demand for electric cars as well as whether the company can efficiently produce enough of its new crossover.... Read More »

Conti must ration parts for recall fixes

12:01 am U.S. ET | Feb. 8, 2016

Continental is recalling five million airbag control units that affect vehicles made by companies including Volkswagen, Mazda, Mercedes-Benz, Honda and Fiat Chrysler. But the German parts-maker says its action is nothing like the Takata airbag recall that has roiled the industry.... Read More »

Ford plans to double Mexico vehicle production, report says

3:42 pm U.S. ET | Feb. 8, 2016

Ford plans to double vehicle production capacity in Mexico as the automaker focuses its U.S. assembly plants on more profitable pickups and utility vehicles, according to a report published Sunday.... Read More »

Mexico auto production, exports rise in Jan. despite sharp drops at VW

2:55 pm U.S. ET | Feb. 8, 2016

Auto production in Mexico rose 0.4 percent in January 2016 compared with the same month last year, while exports were up 4.1 percent, the Mexican Auto Industry Association said today.... Read More »

Emissions lies haunt VW as automaker faces tougher U.S. Justice Department

Feb. 8, 2016 14:18 CET

VW's emissions-cheating software has not directly been responsible for any deaths, yet the U.S. Justice Department may treat it more harshly than General Motors and Toyota, two automakers whose vehicles have killed people.... Read More »

PSA will pay Iran partner $446 million compensation for quitting market, report says

Feb. 8, 2016 11:28 CET

PSA will pay its Iran partner $446 million in compensation for losses incurred after it quit the country due to sanctions, the Iranian company told a local news agency.... Read More »

LUCA CIFERRI

BLOG: 'Autopia' future promoted by Google and Apple will hurt traditional carmakers

12:01 am U.S. ET | Feb. 8, 2016

Industry disrupters such as Google and Apple are better funded than their potential rivals from the automotive field. That could be bad news for traditional auto companies, an industry analyst said.... Read More »

N.A., Takata, currency sway Japanese earnings

12:01 am U.S. ET | Feb. 8, 2016

Better business in North America helped Subaru, Mazda and Mitsubishi in the October-December quarter. But spiraling costs for the recalls of Takata airbags tempered earnings, and foreign exchange rates were a double-edged sword.... Read More »

Dual-sourcing dilemma hits Japan again

12:01 am U.S. ET | Feb. 8, 2016

Toyota is suspending production at all assembly lines in Japan because of an explosion at a steel plant. The six-day shutdown raises questions as to whether Toyota learned, as it claimed after Japan's 2011 earthquake, the value of dual sourcing all components.... Read More »

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