Auto executives cooling toward acquisitions, study saysTue, 31, May 2016
Automotive industry executives are less interested in pursuing acquisitions than they were a year ago and are favoring deals that minimize political or technology risks, according to a new survey by Ernst and Young.
Strong Jaguar Land Rover helps to triple Tata Motors quarterly profitTue, 31, May 2016
Tata Motors posted a threefold rise in quarterly net profit, lifted by strong sales at its Jaguar Land Rover unit and higher demand for its trucks in India.
Alfa will start Europe sales of 'make or break' Giulia next monthFri, 27, May 2016
Alfa Romeo is pinning its revival hopes on the Giulia, which will go on sale in Europe next month. The credibility of the brand's revival depends on the car, Fiat Chrysler Chief Technology Officer Harald Wester said.
VW Group profit rises 3.4% despite steep plunge at core brandTue, 31, May 2016
VW Group's profit rose 3.4 percent in the first quarter, although profit at the core VW brand plunged 86 percent, highlighting the challenge the carmaker faces in emerging from the nearly 9-month-old emissions cheating scandal.
Renault-Nissan's savior Ghosn turns his attention to MitsubishiSat, 28, May 2016
Carlos Ghosn turned around Renault and Nissan in the late 1990s. Now he must work his magic on scandal-hit Mitsubishi after Nissan took a controlling stake in the smaller company.
Molinaroli will lead JCI-Tyco for 18 months; successor namedFri, 27, May 2016
Johnson Controls Inc. CEO Alex Molinaroli, who has steered his company away from the automotive seating and interiors businesses during his two-and-a-half-year tenure, will serve as CEO for the combined JCI-Tyco International for 18 months.
FCA's 'sales carnivore' adds more to his plateMon, 30, May 2016
Reid Bigland's added assignment running FCA's struggling Italian luxury brands, Maserati and Alfa Romeo, is about more than bolstering brands and boosting sales. Insiders say the move is very much an examination to see whether the 49-year-old Canadian has the chops to succeed Sergio Marchionne.
Automakers recall 12 million U.S. vehicles over Takata airbagsFri, 27, May 2016
Eight automakers said today they are recalling more than 12 million U.S. vehicles for defective Takata airbags, expanding the largest-ever auto safety push, documents posted by U.S. regulators showed.
Porsche names IT expert Koslowski as head of a new digital unitFri, 27, May 2016
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked with developing new products and services for the brand.
BMW to appoint new finance and purchasing chiefs, report saysThu, 26, May 2016
BMW plans to appoint new finance and purchasing chiefs as CEO Harald Krueger builds a younger management team to lead the automaker into the future, a German business magazine reported today.
Takata holds talks with possible buyers, report saysThu, 26, May 2016
Takata, the airbag maker facing billions in possible costs for the biggest recall in automotive history, is said to be in talks with potential buyers.
Campaign for zero fatalities started in safety-conscious SwedenMon, 23, May 2016
The notion that traffic fatalities can be eliminated is a Swedish import. The initiative, known as Vision Zero, was written into Sweden's road safety law in 1997.