Federal-Mogul posts higher Q2 profit despite aftermarket, currency setbacksWed, 27, Jul 2016
Diversified supplier Federal-Mogul posted a $31 million profit in the second quarter, up 41 percent from the year-earlier period, driven by a gain in its powertrain unit.
Ferrari, Altair Product Design team up for next-gen vehicle platformWed, 27, Jul 2016
Ferrari is teaming up with longtime design, engineering and software partner Altair Product Design to create the company’s next-generation vehicle platform.
Superior Industries more than doubles Q2 net incomeWed, 27, Jul 2016
Aluminum wheel supplier Superior Industries International more than doubled its net income in the second quarter from a year earlier, a gain the company attributed to higher shipments and increased use of its new plant in Mexico.
Valeo first-half profit rises 23% on intuitive driving, low-emissions techWed, 27, Jul 2016
Valeo reported a 23 percent rise in first-half profit as its intuitive driving and fuel-saving technology outpaced broader automotive industry growth in key markets
Mobileye says Tesla contract won't be extended; tech supplier posts 76% gain in Q2 profitsTue, 26, Jul 2016
Mobileye NV, an Israeli maker of driving-assistance chips and software, posted a surge in second-quarter earnings and revenue, but said its contract with Tesla would not be renewed after it expires.
Faurecia lifts 2016 profit guidance after strong first halfTue, 26, Jul 2016
Faurecia raised its full-year guidance after reporting a stronger first-half performance in Europe. Operating income rose to $539 million, the French supplier said.
Ford plans to install Apple CarPlay, Android Auto in entire 2017 lineupMon, 25, Jul 2016
Ford will offer Apple CarPlay and Android Auto smartphone connectivity on its full lineup of 2017 vehicles, marking the fastest rollout of the technology so far by an automaker in the U.S.
Cox shifts into 'integration mode' after shopping spreeMon, 25, Jul 2016
Cox Automotive will be in “integration mode for a couple of years,” after a string of acquisitions and company launches this decade, President Sandy Schwartz said.
Japan's NSK agrees to $34.5 million settlement in price-fixing caseMon, 25, Jul 2016
Japanese auto supplier NSK said it has agreed to pay $34.5 million in a settlement stemming from a class-action lawsuit over price-fixing allegations.
Amtek said to expand asset sale to include all overseas unitsMon, 25, Jul 2016
Amtek Auto, the cash-strapped Indian parts maker that supplies Ford and Aston Martin, has expanded its planned asset sale to include additional overseas businesses as it looks to reduce leverage, people familiar with the matter told Bloomberg.
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.