NEWS

Sales, Profits Soar for Maruti Suzuki

4/27/2015

Maruti Suzuki India Ltd. reports its net profit in January-March soared 61% to 12.8 billion rupees ($202 million).

Hyundai Will Form Shareholder Rights Panel

4/27/2015

Hyundai Motor Co.'s board of directors has agreed to create an independent committee to represent the rights of the company's minority shareholders.

Future Cars May Predict Driver Actions

4/27/2015

Vehicles may one day be able to anticipate their drivers' actions, according to researchers at Cornell University.

JLR Touts Mexico for North American Factory

4/27/2015

The managing director of Jaguar Land Rover Ltd. operations in Mexico tells Bloomberg News the country is a "very strong option" for JLR's first North American assembly plant.

Jaguar Opts for Open-Source Infotainment Platform

4/27/2015

Jaguar Cars Ltd. has scrapped its proprietary infotainment operating system for a faster and far more flexible Linus open-source software platform.

Mazda MX-5 Miata Hikes Fuel Efficiency 25%

4/27/2015

Mazda Motor Corp.'s redesigned 2016 MX-5 Miata sports car has earned a U.S. combined fuel economy rating of 30 mpg, up from 24 mpg for the current model.

Ford Recalls Nearly 390,000 Cars to Fix Faulty Door Latches

4/27/2015

Ford Motor Co. is calling back 389,600 small and midsize sedans in North America to replace door mechanisms that could either prevent the door from latching shut or allow it to open when the car is moving.

UPDATE: Piech Forced Out as VW’s Chairman

4/26/2015

Volkswagen AG Chairman Ferdinand Piech resigned on Saturday, ending a crisis he sparked two weeks ago by publicly criticizing his expected successor, CEO Martin Winterkorn.

Lear Sets Quarterly Operating Profit Record

4/24/2015

Lear Corp. reports its net income for the first quarter of 2015 jumped 20% to $147 million as sales grew 4% to $4.5 billion.

ThyssenKrupp Expands in N. America

4/24/2015

ThyssenKrupp AG says it will invest €800 million ($868 million) in North America by 2020 to meet an expected 12% hike in production in the region.