You must have an Automotive Newssubscription to view the digital edition
Click here to subscribe
Exciting customers is about to become more than a mission statement at Porsche Cars North America.
German chipmaker Infineon raised its outlook for the second quarter and for its 2017 financial year, citing better-than-expected orders for the chips it makes for cars.
Spanish supplier Gestamp will price its IPO at 5.6 to 6.7 euros per share, valuing the company at around $3.8 billion in one of Europe's biggest stock market listings so far this year.
Wheel supplier Superior Industries has launched an offer to buy Uniwheels for around $715 million after winning the support of the German company's biggest shareholder.
Microsoft said it will license all of its connected vehicle patents to Toyota in its most wide-ranging intellectual property agreement with an automaker.
Magna International sees onboard cameras as a significant segment for growth in the supply chain, projecting camera-based driver assistance systems to be worth $10 billion per year by 2020.
U.S. auto supplier Chassix said it plans to invest $50 million to expand its operations to the Czech Republic in 2018.
Porsche Automobil Holding SE returned to profit as its billionaire owner family is in talks to buy out Ferdinand Piech following a clash between the former Volkswagen AG patriarch and his relatives.
Panasonic has agreed to become majority owner of Spanish auto parts maker Ficosa International as it bolsters its push into the automotive field.
Lear is partnering with Wyoming to enable vehicle-to-vehicle and vehicle-to-infrastructure communication in the state.
Kelley Blue Book is taking its online vehicle valuation and pricing tools overseas, starting with Portugal.
Uber President Jeff Jones is quitting after less than a year, amid multiple controversies engulfing the ride-hailing company.
Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that's vital to your business.
Sign up today to get the best of Automotive News delivered straight to your email inbox, free of charge. Choose your news – we'll deliver.
Entire contents © Crain Communications, Inc.
Use of editorial content without permission is strictly prohibited. All Rights Reserved.