GKN Touts Improved All-Wheel-Drive Capability
10/27/2016GKN plc says its next-generation electromagnetic coupling system will improve the responsiveness and handling of all-wheel-drive vehicles.
Ford Earnings Plunge 56%
10/27/2016Ford Motor Co.’s net income fell to $1 billion in the third quarter from $2.2 billion in the same period last year.
Mazda Teases Sleeker CX-5
10/27/2016Mazda Motor Corp. has released darkened teaser photos of the second-generation CX-5 crossover ahead of the vehicle's official debut at next month’s Los Angeles auto show.
Altran Invests in 3D-Printing Developer
10/27/2016France’s Altran Group is making an unspecified investment in Divergent Technologies Inc. to further develop the California company’s 3D-printing technology for automotive applications.
Uber Brand Plans Big Expansion in China
10/27/2016Uber Technologies Inc. says it will make a major update to its mobile app and expand its ride-hailing service to 400 cities in China by the end of this year.
Federal-Mogul Swings to Third-Quarter Profit
10/27/2016Federal-Mogul Holdings Corp reversed a $63 million net loss in the third quarter of 2015 with a $15 million net profit in the same period this year.
Nissan Phases Out Production of Ancient Tsuru Sedan in Mexico
10/27/2016Nissan Motor Co. says it will end production in May of the Tsuru, an entry-level sedan the company has been producing in Mexico since the early 1980s.
Tesla Posts Its Second-Ever Quarterly Profit
10/27/2016Tesla Motors Inc. reports a $22 million net profit in July-September, thanks to a sharp upswing in pollution credits it sold to other carmakers.
Lear Hikes Outlook After Record Quarter
10/27/2016Lear Corp. has boosted its earnings guidance for 2016 after reporting its net earnings in the third quarter jumped 18% to a record $214 million.
Audi to Test Car-Sharing Service at N.C. Tech Park
10/26/2016Volkswagen AG’s Audi unit is pilot testing its new “shared fleet” program at the American Underground technology incubator campus in Durham, N.C., ahead of next year’s planned national rollout for the car-sharing service.