Automakers

Pininfarina hopes to agree sale to Mahindra but drafts stand-alone business plan

July 31, 2015 11:29 CET

Pininfarina is still hoping to clinch a sale to Indian automaker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its financial position worsens....
Read More »

Toyota holds Apple, Google at bay with Telenav navigation deal

4:34 pm U.S. ET | July 30, 2015

Toyota will turn to a little-known company instead of Apple or Google to provide navigation and phone connectivity, as it seeks to maintain control of the car features. Toyota has been the biggest holdout among automakers as Apple and Google turn dashboards into screens that closely mirror their smartphones....
Read More »

GM's OnStar app can be hacked, reseacher says

2:33 pm U.S. ET | July 30, 2015

A researcher is advising drivers to halt the use of a mobile app for General Motors' OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to remotely unlock cars and start engines....
Read More »

Ford F-150 aluminum repairs cost more than steel, IIHS says

12:01 am U.S. ET | July 30, 2015

Tests by the Insurance Institute for Highway Safety found that repairing body damage on the aluminum-bodied 2015 Ford F-150 took longer and cost 26 percent more than on the 2014 F-150 made of steel....
Read More »

BMW drivers collect $1,000 to delay charging i3 in Calif. pilot

10:19 am U.S. ET | July 30, 2015

In a new pilot program, a California utility is paying drivers of BMW electric cars to delay charging their vehicles when the power grid is under pressure....
Read More »

JULY U.S. AUTO SALES

GM pulls back on rental fleet sales, seeks better margins

11:44 am U.S. ET | July 30, 2015

General Motors will probably report weaker sales than some key rivals do in July. The largest U.S. automaker said that's because it's selling fewer vehicles to rental-car agencies -- not a lack of love in dealer showrooms....
Read More »

GM recalls 82,620 Cadillac ATS sedans over sunroof issue

4:49 pm U.S. ET | July 30, 2015

General Motors is recalling 82,620 Cadillac ATS sedans and issuing a stop sale on the vehicle for issues with the power sunroof. GM already had recalled 67,000 ATS sedans in February for the same issue....
Read More »

Chassix gets new board, $300M in financing

3:14 pm U.S. ET | July 30, 2015

Chassix Holdings, following its successful emergence from Chapter 11 bankruptcy proceedings, has secured $300 million of exit financing and named a new board of directors....
Read More »

Uber launches car leasing unit, makes entry into financial services

11:56 am U.S. ET | July 30, 2015

Uber Technologies has launched its own auto leasing subsidiary to seek more drivers, injecting the fast-growing ride services company directly into the financial services sector for the first time....
Read More »

Mitsubishi Motors' April-June net falls 15%

1:51 pm U.S. ET | July 30, 2015

Mitsubishi Motors today said its fiscal first-quarter net income fell 15 percent to 23.99 billion yen, or $195.56 million, brought down by widening losses in Japan, poor performance in Europe and a drop in global factory unit sales....
Read More »

Ford engine plant reopened after bomb threat

10:42 am U.S. ET | July 30, 2015

Ford's engine plant in suburban Detroit was reopened this afternoon after the first shift was sent home earlier today because of a bomb threat....
Read More »

Tech is a key for new-car marketing, study says

12:50 pm U.S. ET | July 30, 2015

Targeting techies is an important marketing strategy for automakers, according to a new study from J.D. Power. The company's 2015 U.S. Automotive Media and Marketing Report -- Summer edition found that 30 percent of new-vehicle drivers cited their vehicle's latest technology as a reason for purchasing....
Read More »

BorgWarner Q2 earnings fall 21%

10:29 am U.S. ET | July 30, 2015

Auto supplier BorgWarner said its second-quarter earnings and revenue were hurt by the stronger U.S. dollar and lower-than-expected sales in China and other parts of the world....
Read More »

Mazda's quarterly profit falls 5.4% despite strong China, U.S. sales

4:53 am U.S. ET | July 30, 2015

Mazda said quarterly profit fell 5.4 percent despite higher auto sales in China and the U.S. that helped cushion the blow of foreign exchange losses and costs booked for new plants in Mexico and Thailand....
Read More »

Fiat Chrysler lifts guidance after strong second quarter

July 30, 2015 14:51 CET

Fiat Chrysler Automobiles raised its full-year profit guidance after better-than-expected second-quarter results on a strong performance in North America and record Jeep sales....
Read More »

FCA's Q2 profit rises 69% on strong NAFTA sales

9:02 am U.S. ET | July 30, 2015

Fiat Chrysler Automobiles said its second-quarter net income rose 69 percent to 333 million euros ($364 million) on a strong performance in North America and record global Jeep sales....
Read More »

France prepares to sell 5% stake in Renault

July 30, 2015 13:41 CET

France is preparing to sell the 5 percent Renault stake it acquired earlier this year to secure a doubling of voting rights for longer-term investors, Economy Minister Emmanuel Macron said....
Read More »

Audi cuts global car sales outlook on China

July 30, 2015 11:57 CET

Audi lowered its global sales forecast for this year because of slumping demand in China, its biggest market. The automaker expects global deliveries to increase between 3 percent and 4 percent from a record 1.74 million sales in 2014....
Read More »

French minister sees smoother return to Iran for Renault than PSA

July 30, 2015 12:47 CET

PSA/Peugeot-Citroen, previously the market leader in Iran, could find it more difficult to return to the country than rival Renault following a dispute over the carmaker's 2011 market exit, Laurent Fabius, France's foreign minister, said after talks with Iranian leaders....
Read More »

Delphi will buy UK cabling company to boost connectivity business

July 30, 2015 11:29 CET

Delphi will buy the UK cabling company HellermannTyton Group to capitalize on growing demand for cars that connect to the Internet, mobile phones and other devices....
Read More »

Renault profit surge fails to impress amid pricing slide

July 30, 2015 08:03 CET

Renault's first-half profit surged on rebounding European demand but not enough to meet investor expectations from the recovery, or concerns about weaker pricing....
Read More »

New test shows disparities in Ford F-150 crash protection

6:00 pm U.S. ET | July 29, 2015

After a follow-up test, the Insurance Institute for Highway Safety said Ford "shortchanges" some buyers of its redesigned 2015 F-150 pickups by equipping certain models with protective steel bars while leaving them off others. In response, Ford said it will add "countermeasures" to improve crash-test performance....
Read More »

VW says China sales may decline this year

July 29, 2015 17:19 CET

Volkswagen said its vehicle sales may decline in China this year after years of double-digit volume gains in its largest market....
Read More »

GM ignition-switch spin battle reignites with plaintiffs' lawyer

6:28 am U.S. ET | July 29, 2015

General Motors may face a renewed media campaign over what a key opponent called its “false narrative” about recalls of cars with defective ignition switches. GM lost a bid to stop lawyers from circulating information about the recalls, obtained ahead of a January trial....
Read More »

VW rolls out crash avoidance with '16 lineup

6:00 pm U.S. ET | July 29, 2015

Volkswagen, catching up to its luxury siblings, will offer sensor-based safety features across nearly its entire U.S. lineup for model year 2016....
Read More »

 
Newsletters & Alerts
  • Sample
  • Sample
  • Sample
  • Sample
Most Read