Europe Manufacturing

Mich. bills would make hacking electronic vehicle systems a felony, with life in prison

UPDATED: 4/28/16 4:06 pm ET - adds links to bills

Hacking into an electronic vehicle system would have serious consequences under bills introduced today in the Michigan Senate: life in prison for the offender.

Visteon reports drop in Q1 net income but gross margin rises

Visteon beat Wall Street expectations in the first quarter this year despite lower income. The supplier of automotive electronics reported net income of $19 million, or $0.49 per share, on revenue of $802 million.

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