Fiat SpA shareholders approved by an 85% margin the company’s merger with Chrysler Group LLC to form a new entity, Fiat Chrysler Automobiles NV, with headquarters in the Netherlands.
The deal creates the world’s seventh-largest carmaker, which hopes to boost last year’s Fiat-Chrysler production of 4.4 million vehicles to 7 million [...]
U.S. Car Sales Surge to Annualized 16.5-Million Rate
Posted: August 1, 2014 at 4:55 pm
Deliveries of cars and light trucks in the U.S. climbed 9% to 1.44 million last...
BorgWarner Posts Higher Sales, Profits
Posted: August 1, 2014 at 9:02 am
BorgWarner Inc. reports its net income in the second quarter rose 9% to $190 million...
Gen Y’ers Second Only to Baby Boomers in Car Purchases
Posted: August 1, 2014 at 1:39 am
Baby boomers (people born between 1946 and 1964) remain America’s largest car-buying group with a...
Toyota Supplier Exec Pleads Guilty to Price Fixing
Posted: August 1, 2014 at 12:11 am
A former executive from Japan’s G.S. Electech Inc. has pleaded guilty to rigging bids and...
Tesla’s Quarterly Loss Doubles
Posted: July 31, 2014 at 9:05 pm
Tesla Motors Inc. hiked its second-quarter revenue 89% to $769 million, as deliveries of its...
New GM Lawsuit Aims at Pre-Bankruptcy Ignition Claims
Posted: July 31, 2014 at 3:52 pm
A Texas attorney has filed his second lawsuit in three days on behalf of people...
Delphi’s Net Profit Rises 4%
Posted: July 31, 2014 at 1:38 pm
Delphi Automotive plc reports its second-quarter net earnings climbed to $382 million from $367 million...
Panasonic, Tesla Agree on Terms for Giant Battery Factory
Posted: July 31, 2014 at 1:03 am
Panasonic Corp. has reached basic agreement with Tesla Motors Inc. to become a major partner...
U.S. Economy Expands 4%
Posted: July 30, 2014 at 6:21 pm
America’s real gross domestic product expanded by an annualized 4.0% in the second quarter, reversing...
Hyundai Recalls 883,000 Cars with Gear Shift Flaw
Posted: July 30, 2014 at 11:35 am
Hyundai Motor Co. is preparing to call back 883,000 of its 2011-2014 model Sonata sedans...
Lawsuit Aims to Widen Payments for GM Recalls
Posted: July 30, 2014 at 12:28 am
A lawsuit filed in New York City on Tuesday seeks compensation for 658 plaintiffs with...
TRW’s Second-Quarter Profit Rises 7%
Posted: July 30, 2014 at 12:15 am
TRW Automotive Holdings Corp. reports net earnings of $265 million in April-June compared with $248...
Chrysler Sued Over Ignition Switch Flaw
Posted: July 29, 2014 at 6:28 pm
Chrysler Group LLC ‘s decision last week to fix ignition switches in 792,300 Jeep SUVs...
Ford Goes All-Out for iPhones
Posted: July 29, 2014 at 5:22 pm
Ford Motor Co. is replacing the Blackberry smartphones used by 6,000 of its managers with...
Court Approves Fisker Liquidation
Posted: July 29, 2014 at 12:11 pm
A bankruptcy court has approved a plan to liquidate Fisker Automotive Holdings Inc. after the...
Hyundai Reveals Next-Generation i20 Small Hatch
Posted: July 31, 2014 at 9:49 pm
Design renderings for Hyundai Motor Co.’s redesigned i20 B-segment car reveal a stylish rival for...
Ford to Host Car App Development Conference
Posted: July 31, 2014 at 11:35 am
Ford Motor Co. will host what it describes as the first carmaker-sponsored app development conference...
GM to Accelerate Launch of Next-Generation Pickups
Posted: July 31, 2014 at 1:18 am
General Motors Co. reportedly aims to roll out lighter and more efficient next-generation pickup trucks...
Researchers Tout Lithium Anode Breakthrough
Posted: July 30, 2014 at 5:53 pm
A research team at Stanford University says it has found a way to equip batteries...
Honda Drops Fit EV, Insight Hybrid in U.S.
Posted: July 30, 2014 at 4:59 pm
Honda Motor Co. confirms it will phase out its Insight hybrid sedan and the electric...
Report: VW Is Struggling with New MQB Platform
Posted: July 30, 2014 at 1:43 am
Volkswagen AG is grappling with the complexities of making multiple models that share the company’s...
Chevy Volt Tops Ratings in Latest IIHS Crash Tests
Posted: July 30, 2014 at 12:53 am
The Chevrolet Volt plug-in hybrid emerged with the highest “top safety pick plus” rating among...
Mercedes Debuts Front, Rear, AWD Vito Van
Posted: July 29, 2014 at 10:19 pm
Daimler AG’s Mercedes-Benz Vans unit has unveiled a redesigned Vito midsize commercial van that offers...
Report: Toyota to Name Fuel-Cell Car “Mirai”
Posted: July 29, 2014 at 7:36 pm
Toyota Motor Corp. plans to badge its upcoming fuel-cell sedan Mirai, a Japanese word for...
Audi to Debut Electric Turbocharging in 2016
Posted: July 29, 2014 at 3:12 am
Audi AG tells Autocar it will introduce an electric turbocharger in 2016 in a sporty...
BMW Unveils Suitcase-Size Fast Charger for EVs
Posted: July 28, 2014 at 3:31 pm
BMW AG is introducing a 100-lb , $6,500 fast charger for electric vehicles and plug-ins. BMW...
Cadillac Debuts Wireless Smartphone Charger
Posted: July 28, 2014 at 12:46 pm
General Motors Co. will introduce an inductive charging feature for smartphones to the Cadillac ATS...
Chrysler Touts Powertrain Lineup for Dodge Challenger
Posted: July 28, 2014 at 3:44 am
Chrysler Group LLC says the broad range of engine options in the 2015 Dodge Challenger...
Porsche Drops Base-Level Cayenne SUV
Posted: July 28, 2014 at 2:10 am
Porsche AG is eliminating the $50,600 base Cayenne large SUV from its U.S. lineup because...
Mazda Expands Takata Airbag Recall
Posted: July 25, 2014 at 3:43 pm
Mazda Motor Corp. says it will add 18,000 Mazda6 midsize sedans and 50 RX-8 sports...
VW May Boost Stake in FAW Venture
Posted: August 1, 2014 at 2:19 pm
Volkswagen AG signals it may seek to increase its 40% stake in its joint venture...
Denso’s Quarterly Earnings Fall 17%
Posted: July 31, 2014 at 10:37 pm
Denso Corp.’s revenue climbed 3% to 1 trillion yen ($10 billion) in the fiscal first...
Tesla Targets Huge Expansion in China
Posted: July 31, 2014 at 9:41 pm
U.S. electric carmaker Tesla Motors Inc. plans to open about 100 service centers in China...
Mazda’s Operating Income Jumps 54%
Posted: July 31, 2014 at 3:17 am
Mazda Motor Corp.’s operating income surged in its fiscal first quarter to 56.4 billion yen...
GM Korea Reaches Tentative Wage Pact
Posted: July 30, 2014 at 8:05 pm
On Wednesday GM Korea’s unionized hourly workers will begin voting on a proposed contract that...
Toyota Remains World’s Biggest Carmaker
Posted: July 30, 2014 at 6:42 pm
Toyota Motor Corp. sold 5.10 million vehicles in the first half of 2014, retaining its...
Toyota Launches CVT Production in China
Posted: July 30, 2014 at 4:12 pm
Toyota Motor Corp. has begun making continuously variable transmissions in Changshu, China. Production by the company’s...
Honda’s Quarterly Profit Jumps 20%
Posted: July 29, 2014 at 11:58 am
Honda Motor Co.’s net earnings rose 20% to 147 billion yen ($1.4 billion) in the...
India’s Auto Supply Industry Rebounds
Posted: July 29, 2014 at 3:51 am
Sales by India’s automotive components industry, which fell 2% to 21.2 billion rupees ($352 million)...
Nissan’s Profits Jump 37%
Posted: July 28, 2014 at 8:33 pm
Nissan Motor Co. reports net earnings of 112.1 billion yen ($1.1 billion) for the fiscal...
China Pressures Carmakers to Cut Prices
Posted: July 28, 2014 at 1:08 am
Anti-monopoly investigations in China have prompted Audi, Jaguar Land Rover and Mercedes-Benz to reduce prices...
Cooper Standard Opens Tech Center in Shanghai
Posted: July 25, 2014 at 1:49 am
Cooper-Standard Holdings Inc. has formally opened its Asia Pacific Technical Center in Shanghai. The company...
Hyundai’s Profits Sag
Posted: July 24, 2014 at 4:09 pm
Hyundai Motor Co.’s net profit dropped 7% to 2.35 trillion won ($2.3 billion) in April-June...
REVISED: India Prepares $2.3 Billion in Aid to EV Industry
Posted: July 23, 2014 at 10:03 pm
India plans in 3-5 months to begin infusing the country’s struggling electric vehicle industry with...
Imported EVs Won’t Benefit from China Incentives After All
Posted: July 22, 2014 at 2:01 am
Earlier this month China announced it will waive the purchase tax on electric cars purchased...
VW Replaces Production Chief Macht
Posted: August 1, 2014 at 4:24 pm
Volkswagen Group’s top manufacturing executive, Michael Macht, has abruptly resigned a day after the company...
Fiat Shareholders Approve Chrysler Merger
Posted: August 1, 2014 at 12:52 pm
Fiat SpA shareholders approved by an 85% margin the company’s merger with Chrysler Group LLC...
ZF Board Supports TRW Bid
Posted: August 1, 2014 at 12:01 pm
ZF Friedrichshafen AG’s supervisory board has approved management’s plan to negotiate a purchase of U.S....
VW Group’s Operating Profit Drops
Posted: July 31, 2014 at 1:04 pm
Volkswagen AG’s vehicle sales in April-June rose 6% to 2.65 million units. But group revenue...
Daimler Plans Huge Expansion for Sindelfingen Plant
Posted: July 31, 2014 at 2:49 am
Daimler AG says it will invest €1.5 billion over the next six years to upgrade...
Carmakers Brace for Major Slump in Russia
Posted: July 31, 2014 at 2:10 am
Foreign carmakers in Russia remain committed to the country’s long-term potential, but all are bracing...
Audi Launches New Cost-Cutting Drive
Posted: July 31, 2014 at 12:17 am
Audi AG is starting a new “fitness program” to reduce fixed costs, improve efficiencies and...
ZF in “Advanced” Talks to Acquire TRW
Posted: July 30, 2014 at 3:11 pm
ZF Friedrichshafen AG is in close to a deal to buy TRW Automotive Holdings Corp....
Fiat’s Sales Rise, But Profit Sags
Posted: July 30, 2014 at 11:43 am
Fiat SpA’s second-quarter revenue rose 5% to €23.3 billion, and worldwide vehicle shipments advanced 2%...
Italy Ponders Incentives to Aid Car Sales
Posted: July 30, 2014 at 3:30 am
Italy may offer tax incentives to bolster demand for new cars, Reuters reports. The news service...
PSA Posts Operating Profit
Posted: July 30, 2014 at 3:17 am
PSA Peugeot Citroen’s consolidated operating income in the first half of 2014 surged to €477...
Michelin’s Profits Stall
Posted: July 29, 2014 at 2:20 pm
Operating profits for Michelin & Cie. advanced only €6 million to €1.16 million in the...
Renault Cautions on Emerging Markets as Earnings Rise
Posted: July 29, 2014 at 1:12 pm
Renault SA reports its operating profit rose 25% to €729 million in the first half...
Truck Sales Climb 10% in Europe
Posted: July 29, 2014 at 4:09 am
Sales of commercial vehicles across Europe rose to 172,500 units in June from 156,800 a...
S. African Union Accepts Deal, Ends Strike
Posted: July 28, 2014 at 9:19 pm
Members of the National Union of Metalworkers of South Africa have agreed to a three-year...
|American Axle & M||17.52||-0.87|
|Autoliv, Inc. Com||99.46||-0.05|
|Borgwarner Inc. C||60.91||-1.34|
|Cummins Inc. Comm||138.99||-0.40|
|Cooper Tire & Rub||28.89||0.00|
|Dana Holding Corp||22.16||-0.22|
|Denso Corp Ltd Ad||23.06||-0.23|
|Fiat Spa Ads||9.615||-0.005|
|Ford Motor Compan||16.81||-0.21|
|General Motors Co||33.44||-0.38|
|The Goodyear Tire||24.58||-0.5999|
|Honda Motor Compa||34.60||-0.28|
|Meritor, Inc. Com||12.73||+0.16|
|Nissan Mtr Spon A||19.63||-0.03|
|Tenneco Inc. Comm||62.71||-0.99|
|Toyota Motor Corp||117.59||-0.40|
|Trw Automotive Ho||101.78||-0.51|