Hyundai r&d chief: No fear of Apple, GoogleSat, 23, Jul 2016
Google won't challenge old-school metal-benders by trying to make cars, says Hyundai Motor Group's global r&d chief.
Axalta acquires United Paint's automotive coatings businessFri, 22, Jul 2016
Axalta Coating Systems has acquired United Paint and Chemical's automotive interior coatings business. Terms of the deal were not disclosed.
Samsung invests $449 million in China's BYDFri, 22, Jul 2016
Samsung pursued a stake in EV specialist BYD after an affiliate was among foreign battery makers left off a list of suppliers approved by China, where sales of EVs are surging and the government has sped up construction of charging points. For Samsung, the foray into the auto industry is also a way to help make up for declining growth in hardware businesses such as televisions and smartphones.
Autoliv net income gains 8.5% in Q2 as airbag business growsFri, 22, Jul 2016
Swedish safety products supplier Autoliv said it posted gains across all its product lines during the second quarter as it generated more airbag business than expected in the wake of the Takata recall crisis.
Mexico emerges from 'lost decade'Mon, 18, Jul 2016
For years, Mexico, with the second-largest economy in Latin America, at times was lucky to sell a million new vehicles a year locally while it exported twice that number. Now, the narrative has flipped.
JCI's auto unit posts record quarterly profit with spinoff approachingThu, 21, Jul 2016
Johnson Controls reported record income in its fiscal third quarter for its automotive unit, even as revenue fell 19 percent due in part to the deconsolidation of its interiors business.
Mitchell Plastics to build $20.5 million parts plant near DetroitThu, 21, Jul 2016
Canadian auto supplier Mitchell Plastics plans to invest $20.5 million to build a plant north of Detroit in Sterling Heights, Mich., a move that will create 122 jobs, the state's development arm said.
Dana Q2 net income falls 10% as company tweaks its corporate nameThu, 21, Jul 2016
Dana Holding today reported a 10 percent decline in second-quarter net income to $53 million on lower sales in its commercial vehicle and off-highway driveline units. The company also tweaked its official name for the second time in eight years.
Japan's Nishikawa agrees to plead guilty, pay $130 million in U.S. price-fixing probeWed, 20, Jul 2016
Japanese supplier Nishikawa Rubber agreed to plead guilty and pay $130 million in one of the stiffest penalties in the U.S. Justice Department’s ongoing investigation into industrywide price fixing and bid rigging.
Metaldyne Performance Group to consolidate 8 brandsWed, 20, Jul 2016
Powertrain components supplier Metaldyne Performance Group will consolidate its eight brands following a merger nearly two years ago. All brands will fall under the MPG moniker.
Daimler, Ferrari selling some new vehicles with faulty airbags, Senate report saysWed, 20, Jul 2016
Daimler AG's Mercedes-Benz and Daimler Vans units and Ferrari are among a small group of automakers selling some new vehicles with faulty Takata airbags that will be subject to recalls by the end of 2018, a Senate report released said Wednesday.
ACDelco sets July 31 deadline for scholarship applicationsWed, 20, Jul 2016
ACDelco set a July 31 application deadline for the 100 scholarships of $1,000 each that the parts maker will award to students enrolled in General Motors' service training program.