China's Zhongwang enters U.S. auto aluminum market with $2.3 billion deal for Aleris
Zhongwang USA, backed by Chinese aluminum magnate Liu Zhongtian, is buying U.S. aluminum company Aleris in a bet by the billionaire that the nascent U.S. automotive aluminum sector will be the industry's next big growth market.
Chevrolet Bolt on track for a late '16 debutThe Chevrolet Bolt battery-electric hatchback is on track to be launched late this year, Chevrolet confirmed Monday, countering recent reports on various media and enthusiast websites that the car would be delayed for six months.
Takata says truck carrying airbag inflators exploded; 1 dead, 4 injuredA truck transporting Takata airbag inflators and propellants that are at the center of a global recall exploded in Texas last week, resulting in one death and four injuries, the embattled auto parts supplier said today.
Detroit supplier to open Ohio plant to make Jeep parts
Detroit Manufacturing Systems plans to open a Toledo plant for the next-generation Jeep Wrangler.
Toyota bets on South America recoveryToyota Motor Corp. is investing in design and manufacturing in South America to capitalize on the region's rebound when it comes.
VW scandal casts long shadow on product plansAt first glance, it looks like business as usual for product launches at the Volkswagen Group through the end of the decade. But it's the years after 2020 that will show the impact of the diesel emissions scandal, in terms of its sky-high costs and shifting priorities at the giant German automaker.
Talent shortage stalls buy-sellsBuyers looking to acquire dealerships are facing a personnel bottleneck in the form of a shortage of qualified and available individuals to run the acquired stores. To cope, some would-be buyers are stepping up efforts to groom future managers.
Safety technology still needs work
The first wave of active safety technology - features such as emergency braking, lane-departure warning and adaptive cruise control - has reduced accidents. But experts say several aspects must be improved before today's advanced driver assistance systems, known as ADAS, can be depended upon in fully autonomous vehicles.