GM Trims Rental Fleet Sales to Boost Margins
2/8/2016General Motors Co. says it has been slowly reducing sales to rental fleets to help bolster margins.
Cybersecurity Experts Call for Industry Cooperation to Prevent Car Hacking
2/5/2016Carmakers must step up efforts to defend their next-generation vehicles against would-be hackers, according to a panel of experts speaking at a recent Automotive Press Assn. event in Detroit.
GM, Ford Post Record January Sales in China
2/5/2016General Motors Co. and Ford Motor Co. each report record vehicle sales for January in China.
Mazda Exec Hints at Return of a Turbocharged Rotary Engine
2/5/2016Mazda Motor Corp. continues to feed the buzz about the potential for reviving its unique rotary engine, this time with an executive touting the benefits of a turbocharged system.
Takata’s Quarterly Profit Surges as Airbag Recalls Rise
2/5/2016Takata Corp. reports its net income in October-December 2015 jumped to 8.1 billion yen ($69 million) from 2.8 billion yen a year earlier.
VW Delays Financial Report, Annual Meeting
2/5/2016Volkswagen AG says continuing uncertainties about the impact of its diesel emission cheating scandal have prompted the company to delay reporting its 2015 financial results.
Toyota’s Quarterly Earnings Rise 5%
2/5/2016Toyota Motor Corp. reports its net earnings grew 5% to 628 billion yen ($5.4 billion) in its October-December fiscal third quarter.
Fedeli Rejoins FCA as Chief Tech Officer for Alfa and Maserati
2/5/2016Fiat Chrysler Automobiles NV has rehired Roberto Fedeli, who will become chief technical officer for the company’s Alfa Romeo and Maserati units.
Sensata Touts Smaller Brake Sensor
2/5/2016Attleboro, Mass.-based Sensata Technologies Inc. has developed a new brake pressure sensor that is smaller and lighter than current designs, allowing for improved packaging in hybrid and all-electric vehicles.
GM Profit Share for U.S. Hourly Workers: About $11,000 Each
2/5/2016General Motors Co says it will make profit sharing payments of as much as $11,000 to each to its 49,600 hourly employees in the U.S.