Automakers and Suppliers

Small cars struggle in latest round of IIHS crash tests

12:01 am U.S. ET | July 30, 2014
Small cars performed poorly in a new round of insurance industry crash testing, with the four-door Mini Cooper Countryman receiving the only good rating of 12 cars evaluated. Meanwhile, the lithium ion electric batteries of the Chevrolet Volt plug-in hybrid and Nissan Leaf electric vehicle survived during their first Insurance Institute for Highway Safety tests with no problems reported.... Read More »

 

Mercedes-Benz violated Alabama workers' organizing rights, judge rules

4:52 pm U.S. ET | July 29, 2014
An administrative judge for the National Labor Relations Board ruled that Mercedes-Benz violated the organizing rights of workers at its Alabama plant by not allowing the distribution of union literature in common areas during off-work hours.... Read More »

 

Ford switching employees to iPhones from BlackBerries

1:27 pm U.S. ET | July 29, 2014
Ford is deploying iPhones for corporate use to employees worldwide, scoring a win for Apple as it seeks to lure more corporate customers.... Read More »

 

Land Rover preps Discovery Sport with seating for 7

10:33 pm U.S. ET | July 29, 2014
Land Rover confirmed plans Tuesday to offer a Discovery Sport model -- billed as a compact, family SUV -- that will be available with seating for seven passengers in a 5+2 configuration.... Read More »

 

Ford's new F-150 takes aim at Ram's highway mpg crown

3:51 pm U.S. ET | July 29, 2014
Ford hopes to regain fuel economy bragging rights in big pickups by offering a special “SFE” package on the aluminum-bodied 2015 F-150. The Super Fuel Economy package -- or SFE -- will come on the XL model. It will be powered by the company's newest engine: a lightweight and compact 2.7-liter twin turbo V-6 equipped with stop-start.... Read More »

 

THE GM RECALL

GM sued over deaths, injuries linked to ignition switch

10:14 pm U.S. ET | July 29, 2014
General Motors was hit Tuesday with a lawsuit brought on behalf of more than 650 people allegedly injured or killed in accidents involving cars that have been recalled this year for faulty ignition switches.... Read More »

 

Kia hints at next Sorento with design sketches

9:58 pm U.S. ET | July 29, 2014
Kia Motors plans to unveil the redesigned, third-generation Kia Sorento next month in Korea.... Read More »

 

Tesla's Musk to portray himself on 'The Simpsons'

10:26 am U.S. ET | July 29, 2014
Tesla Motors CEO Elon Musk will be providing the voice for himself in an episode in the 26th season of “The Simpsons,” the show's executive producer, Al Jean, said at a recent Comic-Con panel.... Read More »

 

Honda profit rises 7 percent on cost cuts, Japan sales

3:30 am U.S. ET | July 29, 2014
Honda's quarterly operating profit rose 7 percent to $1.94 billion as lower sales in the United States were offset by costs cuts and the company's stronger focus on Asian markets.... Read More »

 

TRW net income rises to $265 million in Q2

7:08 am U.S. ET | July 29, 2014
Automotive safety technology supplier TRW Automotive Holdings today said its second-quarter net income rose 7 percent to $265 million. Total revenue during the quarter rose 2 percent to $4.6 billion, the company said in a statement.... Read More »

 

Chrysler sued over Jeep ignition-switch failures

4:02 pm U.S. ET | July 29, 2014
Chrysler was sued over allegedly faulty ignition switches in Jeeps, in a follow-up to more than 120 lawsuits General Motors faces over the same defect. Both automakers are accused of employing ignition switches that can be unexpectedly turned off, cutting power to brakes, steering and airbags and causing potentially deadly loss of control.... Read More »

 

Robotics suppliers post record business in North America

3:29 pm U.S. ET | July 29, 2014
Robotics suppliers, paced by automakers preparing for new-product launches, posted records for orders in North America during the second quarter and first half of the year, an industry trade group reported today.... Read More »

 

Near-record auto lending drives Ally Q2 profit higher

10:53 am U.S. ET | July 29, 2014
Ally Financial originated near-record auto lending volume and added more than 900 dealerships in the United States since a year ago to produce a comeback in net income in the second quarter. Ally today said it posted net income of $323 million for the second quarter compared with a net loss of $927 million during the same quarter last year.... Read More »

 

GM dogged by recalls, lingering dealer disputes in Canada

12:34 am U.S. ET | July 29, 2014
A wave of recalls, lingering disputes with dealers after its 2009 bankruptcy, and weak pickup volume are undermining GM's sales in Canada, the company's seventh-biggest market.... Read More »

 

Italy mulls incentives to boost 'fragile' car market

July 29, 2014 13:32 CET
The Italian government is considering offering tax incentives to encourage new car purchases by both private and public sector owners, Transport Minister Maurizio Lupi said.... Read More »

 

Faurecia increases earnings target

July 29, 2014 11:39 CET
Faurecia raised its 2014 earnings forecast after first-half profit jumped 21 percent on strong demand in Asia and higher market share in its home region.... Read More »

 

VW suffers production woes adjusting to MQB platform, report says

July 29, 2014 16:38 CET
Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said.... Read More »

 

Suzuki recalls 25,900 Verona sedans in U.S.

10:39 am U.S. ET | July 29, 2014
Suzuki is recalling 25,900 Verona sedans from the 2004 to 2006 model years in the United States on the increased risk of a fire linked to daytime running lights, federal safety regulators said today.... Read More »

 

Toyota plans to name $69,000 fuel-cell vehicle Mirai, report says

9:59 am U.S. ET | July 29, 2014
Toyota is planning to name its $69,000 fuel-cell car Mirai, the Japanese word for future, a person familiar with the decision told Bloomberg.... Read More »

 

AvtoVAZ CEO Andersson aims to restore pride to Lada

July 29, 2014 13:12 CET
Bo Andersson, a former top purchasing manager at GM, aims to turn around the struggling Russian automaker AvtoVAZ through cost reductions and launching new Lada cars that can compete with Western competitors.... Read More »

 

GKN confident as auto-unit growth offsets currency hit

July 29, 2014 13:50 CET
GKN says it is confident regarding the rest of 2014 after first-half profit at its car parts supply division rose 6 percent, helping to offset the effects of a currency hit.... Read More »

 

2014 PARIS AUTO SHOW

Skoda bets on sporty design to boost Fabia sales

July 29, 2014 06:01 CET
Skoda has given its Fabia subcompact a more dynamic, sharper and sportier design. The latest-generation Fabia will debut at the Paris auto show in October.... Read More »

 

Renault first-half profit surges 25% on cost cuts

July 29, 2014 08:28 CET
Renault reported a 25 percent jump in first-half operating profit thanks to cost-cutting even as currency headwinds and mounting inventories hurt sales and cash flow.... Read More »

 

Tenneco's Q2 profit rises 29% on record revenue

5:19 pm U.S. ET | July 28, 2014
Tenneco, a ride-control and emission-control systems supplier, reported that its net income rose 29 percent in the second quarter from a year ago to $81 million on record revenue of $2.2 billion.... Read More »

 

Global product expert in Lincoln driver's seat

12:01 am U.S. ET | July 28, 2014
Ford CEO Mark Fields, in his first major personnel move since taking over, announced Kumar Galhotra's appointment last week among several changes in Ford's product development organization.... Read More »

 

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