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Tenneco Posts Record Revenue, Earnings
5/2/2017Tenneco Inc. increased its net income to a record $63 million in the first quarter from $57 million in the same period last year.
GM Debuts Its Refurbished Birthplace
5/1/2017General Motors Co. has opened the plant where the company was created 109 years ago: the Durant-Dort Factory One in Flint, Mich.
Trump Signals Willingness to Hike Fuel Tax
5/1/2017President Donald Trump tells Bloomberg News he would be willing to consider a hike in the federal gasoline tax as a source of funds for infrastructure improvements.
Denso Profit Rises as Currency Factors Stall Revenue
5/1/2017Denso Corp. reports its net profit grew 6% to 258 billion yen ($2.3 billion) in the fiscal year ended March 31.
Porsche Develops Active Rear Diffuser
5/1/2017Porsche AG has filed an application with the U.S. Patent and Trademark Office for an active diffuser that deploys from the rear bumper.
Next Opel Corsa Will Switch to PSA Chassis
5/1/2017Adam Opel AG’s next-generation Corsa five-door hatch will ride on a PSA Group platform when the new model debuts in 2019, sources tell the Allgemeine Zeitung.
Former Ferrari Racing Exec Joins Autonomous Vehicle Startup
5/1/2017Menlo Park, Calif-based autonomous vehicle startup Zoox Inc. has hired Corrado Lanzone, the former operations director of Ferrari SpA's racing division, as vice president of manufacturing operations.
GM Shutters Halol Plant in India
5/1/2017As expected, General Motors Co. has ended production at its Halol assembly plant in Gujarat, India.
Canadian Team Repeats as Eco-Marathon Champs
5/1/2017Canada’s Universite Laval of Quebec won the annual Shell Eco-marathon Americas competition over the weekend in Detroit with a rating of 2,731 mpg for its gasoline-powered prototype vehicle.
Kia Phases Out Forte Coupe
5/1/2017Kia Motors Corp. confirms it is discontinuing the coupe version of its Forte compact sedan.