Spanish supplier Gestamp to invest $158.7 million into Mich. operationsWed, 26, Oct 2016
Gestamp North America Inc. plans to invest $158.7 million into its Michigan operations. The subsidiary of Madrid, Spain-based Gestamp Automoción SL plans to expand its plants in Chelsea, Mich., and Mason, Mich.
Federal-Mogul posts Q3 gains as Icahn offer remains pendingWed, 26, Oct 2016
Federal-Mogul the diversified auto supplier that billionaire investor Carl Icahn is aiming to take private, today said it posted $15 million in third-quarter net income, up from a $63 million loss a year earlier.
Lear Q3 net income rises 18% to $214 millionWed, 26, Oct 2016
Seating and electronics supplier Lear reported an 18 percent rise in third-quarter net income to $214 million as its sales reached new heights.
Toyota recalls nearly 1.5 million cars in Europe over Takata airbagsWed, 26, Oct 2016
Toyota is recalling about 5.8 million cars worldwide, including 1.47 million in Europe, over potentially faulty airbag inflators made by Takata. The recall includes the Yaris and Corolla.
Apple said to develop car operating system in BlackBerry countryWed, 26, Oct 2016
Apple has dozens of software engineers in Canada building a car operating system, a rare move for a company that often houses research and development projects close to its Cupertino, Calif., headquarters, according to people familiar with the matter.
GM to use IBM's Watson AI software for new OnStar Go serviceWed, 26, Oct 2016
General Motors and International Business Machines Corp. plan to combine IBM's artificial intelligence software Watson with the automaker's OnStar system in order to market services to drivers in their vehicles.
Johnson Controls spinoff Adient to move headquarters from Milwaukee to metro DetroitTue, 25, Oct 2016
Johnson Controls spinoff and soon-to-be new public company Adient is doubling down in the Detroit area. The world's largest automotive seating supplier said it will transition its operational headquarters from Milwaukee to metro Detroit in the coming months.
China's LeEco gets logistics lesson at concept's eventMon, 24, Oct 2016
LeEco unveiled an autonomous electric-vehicle concept called the LeSee Pro at a lavish event in San Francisco last week
Map provider Here forms partnership with AlibabaTue, 25, Oct 2016
Here, a major automotive provider of maps for onboard navigation systems owned by BMW, Mercedes and Audi, says it has formed a partnership with China's Alibaba to offer maps, traffic updates and navigation to Alibaba's customers.
Bill Ford says future of cars is in Detroit, not Silicon ValleyTue, 25, Oct 2016
Bill Ford is tired of hearing the future of cars belongs to Silicon Valley. Yet for years, the Apple and Google crowd have been telling him that only Big Tech can make driverless vehicles.
Ford, Nissan lead effort to further develop industry in AfricaMon, 24, Oct 2016
A group of carmakers led by executives from Ford Motor Co. and Nissan Motor Co. will seek to work with Kenyan authorities to develop an auto-manufacturing industry in the east African country, building on talks with Nigerian lawmakers about their own market.
Tesla faces industry scrutiny over the best way forward for autonomous carsSat, 22, Oct 2016
Tesla's decision to equip all of its vehicles with self-driving hardware has intensified competition over what equipment will be on board cars of the future.