Manufacturing

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, today 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 »

 

Many drivers are ready for autonomous cars, survey says

5:02 pm U.S. ET | July 28, 2014
A significant percentage of drivers are ready for their cars to do the driving for them. In a study conducted in June by Insurance.com, 32 percent of the 2,000 licensed drivers surveyed said they would not continue to drive themselves once a self-driving car became available.... Read More »

 

GM, Toyota plan to resume production in South Africa

4:07 pm U.S. ET | July 28, 2014
GM and Toyota plan to resume production on Tuesday in South Africa and the nation's largest union agreed to end a four-week strike in the metals sector after accepting a wage increase offer from employers.... Read More »

 

Tesla, Panasonic reach agreement on U.S. battery plant, report says

3:42 pm U.S. ET | July 28, 2014
Panasonic has reached a basic agreement with Tesla Motors to initially supply the electric automaker's proposed lithium-ion battery plant in the United States with machinery to make battery cells, the Nikkei said.... Read More »

 

2015 Cadillac ATS offers wireless charging dock

2:41 pm U.S. ET | July 28, 2014
General Motors will offer wireless charging for smartphones for the first time in the 2015 Cadillac ATS sedan and coupe when they are launched this fall.... Read More »

 

THE GM RECALL

Akerson says GM's problems were worse than execs thought

11:01 am U.S. ET | July 28, 2014
Former General Motors CEO Dan Akerson said the automaker's delayed ignition switch recall was indicative of a flawed corporate culture that was worse than he and other executives had originally recognized.... Read More »

 

BMW unveils cheaper, suitcase-sized EV charger

10:02 am U.S. ET | July 28, 2014
BMW Group, which sees rapid recharging as key to the success of its new BMW i3 electric vehicle, said today that it has helped develop a less expensive charger the size of a small suitcase that could help create a nationwide charging network.... Read More »

 

GM Korea reaches tentative wage deal, averting strike

6:30 am U.S. ET | July 28, 2014
General Motors' South Korean unit reached a tentative wage deal with its labor union today, averting a potential strike at one of its key Asian production bases.... Read More »

 

Fiat investors advised to vote for Chrysler merger

July 28, 2014 11:26 CET
Proxy adviser Glass Lewis has recommended that Fiat investors vote for a merger with Chrysler despite concerns that the voting rights of Exor, Fiat's main shareholder, could potentially increase with a deal.... Read More »

 

Honda pushes dealers for buyers' signatures on airbag liability

12:01 am U.S. ET | July 28, 2014
"I understand that if this used car I'm buying is in a crash, the airbag could kill me." That's the gist of a document that American Honda Motor Co. wants its dealers to require buyers of certain 2001-11 used Honda and Acura vehicles to sign.... Read More »

 

Hot hybrid

12:01 am U.S. ET | July 28, 2014
Honda Motor Co. engineers are trying to figure out why an Acura NSX undergoing high-speed testing at Germany's Nurburgring last week caught fire and burned to the ground.... Read More »

 

Ford EcoBoost V-6 makes V-8 power

12:01 am U.S. ET | July 28, 2014
Ford Motor Co.'s latest EcoBoost engine -- a compact, lightweight 2.7-liter V-6 -- will be the smallest engine available in a full-sized pickup when it debuts this fall in the aluminum-bodied 2015 F-150. But it generates V-8 levels of power: 325 hp and 375 pounds-feet of torque.... Read More »

 

VW plans Apple-like model updates

12:01 am U.S. ET | July 28, 2014
Volkswagen AG plans to mimic the fast-paced rollouts of products made by the likes of Apple Inc. to adapt quicker to changing customer demands for technology in its vehicles.... Read More »

 

Self-driving tech attracts ZF to TRW

12:01 am U.S. ET | July 28, 2014
Self-driving cars are years away, but their lure is prompting ZF Friedrichshafen AG, a German supplier of transmissions and other mainstream products, to consider buying TRW Automotive, said ZF's finance chief.... Read More »

 

Mike Alexander, legendary custom-car builder, dies

12:01 am U.S. ET | July 28, 2014
Mike Alexander, half of a Detroit-area brother duo who became famous for their custom cars, died July 18. He was 80.... Read More »

 

Jaguar Land Rover taps ex-military to combat skills shortage

12:01 am U.S. ET | July 27, 2014
Jaguar Land Rover has created a training course to attract former military personnel amid a shortage of skilled workers in Britain. Ford and Bentley are also competing for talent with trainee programs as the U.K.'s expanding auto industry devises new ways to draw workers to manufacturing.... Read More »

 

OnStar change targets service visits

12:01 am U.S. ET | July 27, 2014
Starting with its 2015 models, GM will offer buyers free monthly vehicle-diagnostic reports through OnStar, and allow those customers to sign up to receive maintenance notifications from their dealerships.... Read More »

 

Millennials drawn to car-sharing services, but eventually, they buy

12:01 am U.S. ET | July 26, 2014
Car- and ride-sharing programs are changing the way city dwellers get around and the way millennials think about car ownership. Automakers have noticed and are experimenting with ways to adapt -- creating partnerships with car-sharing services or offering their own transportation services.... Read More »

 

Nissan expands U.S. recall of cars with defective Takata airbags

2:45 pm U.S. ET | July 26, 2014
Nissan is expanding by 226,326 vehicles a U.S. recall of older models equipped with defective airbags made by Takata, Nissan said in an amended filing posted Saturday by U.S. safety regulators.... Read More »

 

Mitsubishi retools flagship Japan plant before hybrid push

12:01 am U.S. ET | July 26, 2014
Mitsubishi is overhauling its flagship assembly plant in Japan to slash production costs and boost capacity as it readies for increased output of plug-in hybrid vehicles. The renovations at Mitsubishi's Okazaki plant in central Japan aim to cut the cost of body assembly 30 percent.... Read More »

 

Fisker's Chinese owner plans 2nd model after Karma output resumes

5:51 pm U.S. ET | July 25, 2014
The Chinese owner of Fisker Automotive hopes to launch a second model that would join the $100,000 Karma luxury plug-in hybrid in three years, according to the company’s chairman.... Read More »

 

ZF's pursuit of TRW may spark wave of mergers in supply chain

12:01 am U.S. ET | July 25, 2014
The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say. More auto parts companies may combine as overcapacity constrains their ability to add scale on their own.... Read More »

 

Lear profits rise on higher vehicle output, record seating volume, electrical gains

8:03 am U.S. ET | July 25, 2014
Lear's second-quarter profits rose to $148.5 million on higher light-vehicle output, record seating sales, and solid gains and expanded profit margins in its electrical distribution business.... Read More »

 

Hella planning IPO later this year, report says

2:49 pm U.S. ET | July 25, 2014
German automotive supplier Hella is working with Citigroup and banks on an initial public offering later this year, according to people with knowledge of the matter.... Read More »

 

South African union said to reject wage deal to end strike, resume car output

9:49 am U.S. ET | July 25, 2014
South Africa's biggest union will probably reject the latest pay offer from employers to end a three-week strike that has idled light-vehicle output and other manufacturing because of a clause related to workplace bargaining, a union official said.... Read More »

 

News by Brand


Rocket Fuel