FCA recalling 410,000 vehicles for software, wiring issuesFri, 22, Jul 2016
Fiat Chrysler Automobiles said it is recalling nearly 410,000 vehicles worldwide because of a defect that can lead to a loss of propulsion.
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.
Auto industry should enlist hackers to aid in cybersecurity, panelists sayFri, 22, Jul 2016
If the auto industry wants protection from the most talented players in the cybersecurity field, then it needs to attract hackers, panelists said today at the Billington Global Automotive Cybersecurity Summit.
GM may recall another 4.3M vehicles for Takata airbags; cost could reach $550 millionThu, 21, Jul 2016
General Motors said in a securities filing on Thursday it may be forced by U.S. regulators to recall another 4.3 million vehicles for Takata airbag inflators -- a call-back that would cost it $550 million.
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.
Vehicle advancements can trigger more calls for roadside help, AAA saysThu, 21, Jul 2016
Technological and design advancements in vehicles haven’t reduced the need for drivers to seek roadside assistance and there is new evidence that they actually may be contributing to more calls for help.
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.
BMW names Duesmann as new purchasing chiefThu, 21, Jul 2016
BMW has appointed Markus Duesmann, its former F1 powertrain boss and current engine guru, to the company's management board as head of the purchasing and supplier network. Duesmann will replace Klaus Draeger, who is retiring.
Mercedes' Q2 profit drops on Takata airbag recallThu, 21, Jul 2016
Daimler reported weaker profit from its Mercedes Cars unit in the second quarter because of the cost of refreshing its lineup and one-time charges related to recalling cars with faulty Takata airbags. The unit's profit margin dropped to 6.4 percent, compared with 10.5 percent last year.
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.
NHTSA's Rosekind stands by self-driving carsWed, 20, Jul 2016
The head of NHTSA said Wednesday the U.S. government will not abandon efforts to speed the development of self-driving cars, despite a fatal accident involving a Tesla Model S operating on an autopilot system.