GM Canada to cut about 1,000 jobs at Oshawa plant
1:50 pm U.S. ET | April 30, 2015
GM will eliminate one shift at its Oshawa, Ontario, assembly plant in November, the company said today, cutting about 1,000 jobs as it makes production changes that were announced in 2012.
FCA transmission fix focuses on snap ring
12:01 am U.S. ET | May 2, 2015
The software in over half of the troubled 9-speed automatic transmissions has been reflashed in Jeep Cherokees and Chrysler 200s, though complaints...
Nissan Versa carpet probe expanded by NHTSA
11:25 am U.S. ET | May 1, 2015
NHTSA is expanding an investigation of 360,000 Nissan Versa sedans and Versa Note hatchbacks to include the 2015 models.
Tesla unveils batteries for homes, businesses
6:26 am U.S. ET | May 1, 2015
Tesla Motors CEO Elon Musk unveiled a suite of batteries to store electricity for homes, businesses and utilities, saying a greener power grid...
Honda, Takata sued over fatality in Malaysia
6:43 am U.S. ET | May 1, 2015
The father of a pregnant woman killed by shrapnel from an airbag that deployed during an auto accident in Malaysia sued Takata and Honda in the US.
American Axle profits rise; non-GM sales grow
8:53 am U.S. ET | May 1, 2015
American Axle & Manufacturing Holdings reported improved first-quarter earnings thanks to strong North American truck and SUV sales.
Aluminum castings supplier Sakthi plans $31.9 million expansion in Detroit
1:09 pm U.S. ET | April 30, 2015
Aluminum castings supplier Sakthi Automotive Group USA is planning a $31.9 million expansion of its plant in Detroit.
Delphi looking for acquisition of $1 billion-$3 billion, CEO says
9:58 am U.S. ET | April 30, 2015
Delphi CEO Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware"...
REGULATION AND SAFETY
Almost half of U.S. vehicles aren't covered under existing safety regulations
7:01 am U.S. ET | April 30, 2015
Hundreds of crashes involving defective cars are going unreported each year because under federal safety rules automakers aren't required to report...
GM to spend $5.4 billion on U.S. plant upgrades over 3 years
10:30 am U.S. ET | April 30, 2015
GM will invest $5.4 billion in upgrades to its U.S. manufacturing plants over the next three years, creating 650 new jobs.
Continental Q1 profit rises 5% on European car market rebound
5:39 am U.S. ET | April 30, 2015
Continental's first-quarter profit rose 5 percent to about 1 billion euros ($1.
BorgWarner Q1 net income rises 12.5% but revenue falls 4.8% on currency exchanges
11:32 am U.S. ET | April 30, 2015
BorgWarner Inc., the supplier known for its turbochargers and emission systems, said its first-quarter net income increased 12.
GM to invest billions of dollars in U.S. plants, report says
4:16 pm U.S. ET | April 29, 2015
General Motors on Thursday will unveil multibillion-dollar, multiyear investments in several US manufacturing plants in a move to boost production...
Francois Michelin dies at age 88
9:24 am U.S. ET | April 29, 2015
Francois Michelin, who headed the French tire giant that bears his family name for 47 years, died Wednesday at age 88.
Rosekind to talk safety with auto execs in Detroit
3:48 pm U.S. ET | April 28, 2015
The top federal auto safety official is traveling to Detroit Wednesday for a series of meetings with automotive CEOs and executives to discuss his...
Supplier price-fixing civil settlements top $260M
10:50 am U.S. ET | April 28, 2015
Civil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing US criminal antitrust investigation into...
Yamada to pay $2.5 million U.S. fine for fixing prices of steering columns
6:15 pm U.S. ET | April 28, 2015
Japan's Yamada Manufacturing agreed to pay a $2.5 million fine and plead guilty to a single felony count of fixing the prices of steering columns.
Denso forecasts profit growth on higher Asia sales
11:10 am U.S. ET | April 28, 2015
Denso, the world's second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an...
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