NEWS

Delphi Earnings Up, Sales Down

2/5/2015

Delphi Automotive plc's sales slipped 2% to $4.2 billion in the fourth quarter of 2014.

Carmakers Ready to Launch Takata Airbag Probe

2/5/2015

Ten carmakers are finally ready to hire an independent engineering firm to determine what makes some Takata Corp. airbag inflators explode when activated.

Ford Expands Advanced Mobility Partnerships in Europe

2/4/2015

Ford Motor Co. has launched new research partnerships with two European organizations to pursue new approaches to personal mobility and autonomous vehicles.

Bosch Predicts 15% Hybrid/EV Penetration by 2025

2/4/2015

About 15% of the world's new cars will come equipped with a hybrid or all-electric powertrain by 2025, predicts Robert Bosch GmbH Chairman Volkmar Denner.

ACEA: EU’s Car Market Will Expand 2% This Year

2/4/2015

New-car sales in the EU will increase about 2% this year compared with 5% in 2014, predicts industry group ACEA.

U.S. Car Sales Jump 14%

2/4/2015

Sales of light passenger vehicles in the U.S. zoomed to 1.15 million last month from 1.01 million in January 2014, Autodata Corp. reports.

Mazda's Quarterly Profits Slip

2/4/2015

Mazda Motor Corp.'s October-December revenue climbed 8% to 740 billion yen ($6.3 billion) as unit sales rose 4% to 322,000 vehicles.

Toyota Boosts Pretax Profit 27%

2/4/2015

Toyota Motor Corp. posted an operating profit of 763 billion yen ($6.5 billion) in its fiscal third quarter ended Dec. 31, thanks to strong sales in North America that reduced shrinkage in other markets.

Recalls Trim GM’s Profits

2/4/2015

General Motors Co. netted $1.1 billion in the fourth quarter of 2014 compared with $900 million a year earlier.

PSA in Talks to Buy French Online Parts Seller

2/4/2015

PSA Peugeot Citroen is negotiating to acquire the French auto parts Web site Mister-Auto.com, Les Echos reports.