Business and Finance
Sales advance 3.5% on fatter deals, truck volume; SAAR rebounds to 17.42MTue, 03, May 2016
Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April, a record for the month. After a lackluster March that disappointed some automakers, April produced solid gains across the industry, with fatter deals and light trucks driving volume higher.
FCA, Google confirm plan for self-driving prototypes based on hybrid Chrysler PacificaTue, 03, May 2016
Google has agreed to buy 100 plug-in hybrid minivans from Fiat Chrysler to expand its self-driving vehicle testing program, the two companies said today in the most advanced partnership to date between Silicon Valley and a carmaker.
Mercedes-Benz pickup takes shapeTue, 03, May 2016
The joint effort between the Renault-Nissan Alliance and Daimler AG that is expected to yield a pickup for Daimler's Mercedes-Benz subsidiary is starting to bear fruit. Spy photos of an early test mule have emerged showing the Mercedes truck -- likely to be named GLT -- taking shape from the Nissan Navara on which it is based.
Delphi doubles Q1 net income following acquisition, global growthWed, 04, May 2016
Delphi Automotive's net income more than doubled in the first quarter of this year, over the same quarter last year, due to the acquisition of HellermanTyton Group and increased demand around the world.
Why Lithia plans to ratchet up tech hiresMon, 02, May 2016
Lithia Motors expects its service and parts business -- both warranty and customer-pay -- to rise due to the back-up of recalled vehicles and the increased number of cars on the road.
Braman technician training becomes a community serviceMon, 02, May 2016
Dealer Norman Braman gives back to the Miami community by giving its young adults all-expenses-paid training to become service technicians.
Next-generation Jeep Wrangler breaks coverTue, 03, May 2016
Spy photographers have captured their first shots of the redesigned 2018 Jeep Wrangler driving about near Fiat Chrysler's North American headquarters in Auburn Hills, Mich.
Takata's fight for survival gets even harder as airbag recall widensWed, 04, May 2016
The world's largest automotive safety recall is about to get even bigger, adding to the hurdles that Japanese airbag supplier Takata is battling to survive the crisis.
Volvo swings to profit in first quarterWed, 04, May 2016
Volvo swung to a profit in the first quarter as its new XC90 helped to drive growth. Operating earnings rose to $392 million from a year-ago loss.
Continental expects no major hit from carmakers' price cutsWed, 04, May 2016
Continental is bracing for tough talks with Volkswagen and other carmakers over prices, though it does not expect to take a major hit on its results, finance chief Wolfgang Schaefer said.
EV-charging network ChargePoint gets $50 million in fundingWed, 04, May 2016
Electric vehicle-charging network ChargePoint said on Tuesday it had received an additional $50 million in funding to allow the Silicon Valley company to expand beyond its current 27,000 public charging stations.
Porsche r&d chief Hatz to leave company; Steiner named successorTue, 03, May 2016
Porsche said its development chief, Wolfgang Hatz, has left the company amid parent VW Group's emissions scandal. His successor is Michael Steiner, the brand's head of quality management.