NEWS

Subaru's Earnings Plummet

11/6/2017

Recall costs and slumping sales in the U.S. slashed Subaru Corp.’s net earnings in its July-September 97% to 3 billion yen ($26 million).

Infiniti Teases Its “Most Advanced” Concept Model

11/6/2017

Nissan Motor Co.’s Infiniti luxury unit says it will unveil the “most advanced” model in the brand’s history later this month at the Los Angeles auto show.

Mazda Will Tap Rotary Engine to Extend EV Range

11/6/2017

Mazda Motor Corp. plans to introduce it first mass-market electric vehicle in 2019 with a range-extending electrical generator driven by a small rotary engine.

Ford Hopes to Launch On-Demand Commuter Bus Service in London

11/6/2017

Ford Motor Co. has asked London’s transport agency for permission to introduce its Chariot shuttle service in the city, the Financial Times reports.

Key Safety Systems Finalizes Takata Purchase

11/6/2017

Key Safety Systems Inc. has completed the details of its $1.6 billion bid to buy bankrupt airbag supplier Takata Corp.

American Axle’s Profit Jumps 40% on Metaldyne Acquisition

11/3/2017

American Axle & Manufacturing Holdings Inc. reports its third-quarter revenue zoomed 71% to $1.7 billion, and net earnings climbed 40% to $86 million.

REPORT: BlackBerry, JLR in Talks on Software Platform for Autonomous Cars

11/3/2017

Canada’s BlackBerry Ltd. is in advanced talks to supply software for self-driving cars to Jaguar Land Rover Ltd., sources tell Bloomberg News.

BMW Will Recall 1 Million Vehicles for Fire Risks

11/3/2017

BMW AG is preparing to launch two recalls in North America covering 1 million vehicles with flaws that could cause fires.

Toyota Fuel Cell Bus to Get Lightweight Roof

11/3/2017

Japan’s Toho Tenax Co. has developed a lightweight roof for future Toyota Motor Corp. fuel cell-powered buses.

Mahindra to Detail Plan for Assembly Plant in Metro Detroit

11/3/2017

India’s Mahindra & Mahindra Ltd. intends to present details on Nov. 20 about the assembly plant it expects to open next year in the greater Detroit area.