Manufacturing

Tesla mulling 2 theories to explain 'Autopilot' crash, report says

2:06 pm U.S. ET | July 29, 2016

Tesla told U.S. Senate Commerce Committee staff it is considering two theories that may help explain what led to the May 7 fatal crash that killed a Florida man who was using the car's "Autopilot" system, a person familiar with the meeting told Reuters on Friday.... Read More »

Toyota Group suppliers grapple with yen's impact on profits

6:18 pm U.S. ET | July 29, 2016

Toyota Group suppliers posted mixed financial results in the April-June quarter, reflecting varying levels of success coping with adverse exchange rates in the wake of the yen's sharp rise following the U.K.'s Brexit vote.... Read More »

American Axle Q2 net income rises 21%

4:14 pm U.S. ET | July 29, 2016

American Axle & Manufacturing's net income climbed 21 percent to $71 million in the second quarter from the year-earlier period, the supplier reported today. The company's revenue rose 2.1 percent to $1.02 billion in the quarter.... Read More »

VIDEO: AutoNews Now: Higher July sales? Yes and no

12:01 am U.S. ET | July 29, 2016

Higher July U.S. sales? Yes and no; Ford CFO: 'The growth is over'; Report: QNX founder now core member of Apple car team; Daimler plans Hungary plant; One giant leap for cupholders?... Read More »

Panasonic to raise about $3.9 billion from bonds to help fund Tesla gigafactory

3:08 pm U.S. ET | July 29, 2016

Panasonic Corp., the exclusive supplier of Tesla Motors' Model 3 lithium ion batteries, said today it would raise up to 400 billion yen ($3.86 billion) in corporate bonds primarily to invest in Tesla's gigafactory, Reuters reported.... Read More »

Tenneco boosts net income 10% in Q2

1:31 pm U.S. ET | July 29, 2016

Tenneco, the suburban Chicago supplier of ride-control and emission control systems, reported net income of $86 million in the second quarter, a 10 percent increase from the year-earlier period.... Read More »

Daimler will build second Mercedes plant in Hungary

July 29, 2016 10:29 CET

Daimler will invest $1.1 billion in a second Mercedes plant in Hungary to build front- and rear-wheel drive cars, and possibly alternative powertrain models.... Read More »

ANE's August e-magazine goes live Monday

July 29, 2016 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Aug. 1. This month's edition looks at why automakers such as Audi, Mercedes and Volvo are re-thinking their automation plans.... Read More »

Visteon says it booked record $1.6 billion in new business during Q2

3:07 pm U.S. ET | July 28, 2016

Visteon reported stronger earnings and piled up a record amount of new business during the second quarter, the automotive electronics supplier said Thursday.... Read More »

BorgWarner adjusted Q2 earnings improve 9% as drivetrain business soars

4:16 pm U.S. ET | July 28, 2016

BorgWarner reported adjusted earnings of $327.6 million in the second quarter, a 9 percent increase from the year-earlier period. Net income rose 11 percent to $164.4 million in the second quarter, the company said in a statement.... Read More »

Lear Q2 earnings rise on gains in both seating and electronics

4:06 pm U.S. ET | July 28, 2016

Lear reported a 55 percent increase in net income during the second quarter, thanks mostly to improvements in the company's seating and electronics units. The $282 million second-quarter net income rose sharply from $182 million last year.... Read More »

Apple taps BlackBerry talent as car project takes software turn, report says

9:40 pm U.S. ET | July 28, 2016

Apple hired the former head of BlackBerry's automotive software division as new leadership at the iPhone-maker's car team places increased emphasis on developing self-driving technology, people familiar with the project told Bloomberg.... Read More »

Brembo expects slower growth on ramp up of U.S., Mexico plants

July 28, 2016 22:44 CET

Brembo expects sales to grow 9 percent to 9.5 percent this year, slightly below the 10.4 percent posted in the first six months, as it starts operations at two new plants in North America.... Read More »

Mercedes pulls ad challenged by safety groups

4:27 pm U.S. ET | July 28, 2016

Mercedes-Benz USA is pulling an ad for the redesigned 2017 E-class sedan after consumer and safety advocates on Wednesday called the spot misleading in its depiction of the vehicle’s driver-assist systems.... Read More »

UK production increased 10% in June but industry warns of potential Brexit slowdown

July 28, 2016 12:26 CET

British car production rose 10 percent in June but the SMMT industry association said growth was in jeopardy if the UK failed to secure unfettered access to the EU's single market.... Read More »

Federal-Mogul posts higher Q2 profit despite aftermarket, currency setbacks

3:24 pm U.S. ET | July 27, 2016

Diversified supplier Federal-Mogul posted a $31 million profit in the second quarter, up 41 percent from the year-earlier period, driven by a gain in its powertrain unit.... Read More »

GM, aiming for strong 2016 finish, to hike truck output

3:03 pm U.S. ET | July 27, 2016

General Motors will boost production of pickups and SUVs in time for the traditionally brisk fall truck market, a top GM executive said Wednesday.... Read More »

Ferrari, Altair Product Design team up for next-gen vehicle platform

2:52 pm U.S. ET | July 27, 2016

Ferrari is teaming up with longtime design, engineering and software partner Altair Product Design to create the company’s next-generation vehicle platform.... Read More »

NEWS ANALYSIS

Elon Musk says it's 'pencils down' for Tesla's Model 3

2:35 pm U.S. ET | July 27, 2016

Tesla CEO Elon Musk said the final designs for Tesla's $35,000 electric Model 3 were locked up two weeks ago, and the company is moving forward on schedule to start producing them next summer. That was just the beginning of his remarks on Tuesday.... Read More »

Superior Industries more than doubles Q2 net income

12:28 pm U.S. ET | July 27, 2016

Aluminum wheel supplier Superior Industries International more than doubled its net income in the second quarter from a year earlier, a gain the company attributed to higher shipments and increased use of its new plant in Mexico.... Read More »

VIDEO: First Shift: Grand jury probes FCA sales

12:01 am U.S. ET | July 27, 2016

FCA dealers subpoenaed in sales probe; Nissan and Mitsu profits slide, FCA rises; UAW: Clinton open to NAFTA changes; Tesla-Mobileye split; Snyder: Service nirvana.... Read More »

Valeo first-half profit rises 23% on intuitive driving, low-emissions tech

July 27, 2016 09:46 CET

Valeo reported a 23 percent rise in first-half profit as its intuitive driving and fuel-saving technology outpaced broader automotive industry growth in key markets... Read More »

FCA earmarks $1.5 billion to build Ram 1500 pickups at Chrysler 200 plant

11:01 am U.S. ET | July 26, 2016

Fiat Chrysler will invest $1.48 billion to convert its Sterling Heights Assembly plant in suburban Detroit from unibody to body-on-frame construction to build the next-generation Ram 1500 pickup. The automaker today confirmed that the plant will end production of the slow-selling Chrysler 200 sedan in December to begin the conversion.... Read More »

Mobileye says Tesla contract won't be extended; tech supplier posts 76% gain in Q2 profits

10:24 am U.S. ET | July 26, 2016

Mobileye NV, an Israeli maker of driving-assistance chips and software, posted a surge in second-quarter earnings and revenue, but said its contract with Tesla would not be renewed after it expires.... Read More »

Porsche will create 1,400 jobs for Tesla-fighting EV

July 26, 2016 10:34 CET

Porsche has raised the number of jobs it will create to produce its first all-electric car to more than 1,400 from 1,000.... Read More »

 
PSA bravely reveals industry's dirty secret

Luca Ciferri
12:01 am U.S. ET | July 7 2016

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Give credit to PSA for being bold enough to reveal in great detail something none of its rivals woul ...
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How to push self-driving tech to the limits without the risks

Nick Gibbs
12:01 am U.S. ET | July 6 2016

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There's a risk-free way to push autonomous cars to their limits. A simulator in the UK is going to d ...
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Volvo defies gravity

Luca Ciferri
8:33 am U.S. ET | July 5 2016

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Volvo doesn't consider itself a true global player in the premium segment. ...
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BMW CEO scores first big win with Intel, Mobileye deal

Christiaan Hetzner
10:40 am U.S. ET | July 2 2016

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Led by CEO Harald Krueger, BMW's strong push into autonomous driving with Intel and Mobileye could b ...
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Why Europe's car buyer categories need a shake-up

Douglas A. Bolduc
4:49 am U.S. ET | July 1 2016

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Johnson Controls says current car buyer categories aren't telling the full story. ...
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Nissan struggles to make sense of Sunderland shocker

Nick Gibbs
5:42 am U.S. ET | June 28 2016

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Nissan's team in the UK is “shell-shocked” by the decision of the country's voters to leave the EU, a person close to the company told me. ...
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Goodbye to the Europe I knew

Bradford Wernle
12:01 am U.S. ET | June 27 2016

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I am deeply shocked and disappointed by the decision of British voters to leave the European Union. ...
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Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

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Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
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VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

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As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
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Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

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When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
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Newsletters & Alerts
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European June car sales slow as Brexit vote reduces confidence
European car-sales growth slowed to 6.5 percent in June as the British vote on exiting the EU weighe ...
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Russia car sales fall 13% in June
Russian car sales fell 13 percent in June as an economic crisis driven by low oil prices and Western ...
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UK's June car sales fall; gov't asked for support
UK car sales fell for only the second time in more than four years in June, prompting an industry bo ...
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W. Europe car sales up 6% in June despite UK decline
Western European car registrations increased nearly 6 percent in June as demand rose last month in G ...
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VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains
Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda ...
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VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting decl ...
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Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
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Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
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Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
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VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
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PSA names new Peugeot, China, Europe chiefs
PSA Group named new chiefs for its Peugeot brand and for its Europe and China regions. ...
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Daimler promotes Turkish unit boss Seeger to Mercedes sales and marketing chief
Daimler named Britta Seeger as global sales and marketing head of Mercedes cars. ...
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BMW names former F1 exec Duesmann as new purchasing chief
BMW has appointed Markus Duesmann, its former Formula One powertrain boss and current engine guru, t ...
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Fiat Chrysler creates post to oversee global regulatory compliance
Fiat Chrysler as appointed longtime engineering executive Mark Chernoby to a new role as the automaker's global chief technical compliance officer. ...
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VW's Seat recruits new sales boss from Audi
VW Group's Seat brand has recruited Audi veteran Wayne Griffiths as its new sales and marketing boss ...
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Daimler lures exec from Citroen to lead digital sales unit at Mercedes
Daimler has hired a former Citroen executive to run a new department focused on technology sales and ...
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FCA's U.S. communications chief Ranieri returns to Italy
Gualberto Ranieri, the senior vice president for communications for Fiat Chrysler Automobiles' subsidiary, FCA US, has returned to Italy, seven years after arriving to work... ...
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Former Audi, Mercedes exec named new Cadillac Europe boss
GM has appointed former Audi and Mercedes executive Felix Weller as head of Cadillac Europe as it tr ...
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VW veteran Powels faces tough task in South America
VW brand named David Powels as head of its South American operations. Powels faces a tough challenge ...
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Faraday names Ferrari exec Mattiacci global brand chief
Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer. ...
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Cadillac XT5 price undercuts rivals in Europe
Cadillac aims to increase its SUV market share in Europe by pricing its new XT5 below German premium ...
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Honda hopes NSX halo effect will give automaker a boost in Europe
Honda hopes for a halo effect boost in Europe from its NSX supercar. The NSX is a "branding exercise ...
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Alfa touts Giulia's driving dynamics
Alfa Romeo claims its new Giulia has better driving dynamics than rivals such as the BMW 3 series be ...
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Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
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MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
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Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
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McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
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VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
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Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
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F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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