NEWS

Auto Supplier Mergers More than Double in Value

8/12/2015

The value of mergers among the world's auto suppliers will surge to a record $48 billion this year from $14 billion in 2014, according to an annual analysis by London-based PricewaterhouseCoopers LLP.

Trump Dumps on Ford

8/12/2015

Republican frontrunner Donald Trump tells a Michigan audience that, as president, he would "not allow" Ford Motor Co. to continue building a $2.5 billion factory in Mexico and would demand the facility be moved to the U.S.

3-D Printer Plots 2017 Vehicle Launch

8/12/2015

Phoenix-based Local Motors Inc. plans to launch sales of its dune buggy-like Strati electric coupe, which features a 3-D printed structure, within the next two years.

Woodward Dream Cruise Turns 21

8/12/2015

More than 40,000 classic cars and 1 million visitors are expected to take part in this week's Woodward Dream Cruise.

U.S. Oil Futures Fall to 6-Year Low

8/12/2015

Prices for benchmark U.S. crude declined on Tuesday to their lowest levels since early 2009 as output by the Organization of the Petroleum Exporting Countries jumped to near-record levels.

Hyundai Unveils High-End Concept Coupe

8/12/2015

Hyundai Motor Co. says its new Vision G concept car reflects the design language for its next-generation premium models.

U.K. R&D Center Upgrades Powertrain Labs

8/12/2015

The U.K.'s Millbrook Proving Grounds Ltd. is investing 1.83 million ($2.9 million) in its powertrain test facilities.

Audi, Porsche to Co-Develop New Engines

8/12/2015

Volkswagen AG's Audi and Porsche units plan to co-develop a new family of V-6 and V-8 engines, Autocar reports.

Toyota to Drop Denso as Nav System Supplier

8/12/2015

Toyota Motor Corp. is phasing out Denso Corp. as one of its suppliers of in-car navigation systems, according to The Nikkei, which cites no sources.

China Car Sales Slide Again in July

8/12/2015

Deliveries of passenger vehicles in China last month fell 3% to a 17-month low of 1.3 million units, according to the China Passenger Car Assn.