NEWS

GM’s First-Quarter Earnings Jump 34%

4/28/2017

A strong performance in North America hiked General Motors Co. net income in the first quarter climbed 34% to a record $2.6 billion.

Ford Touts European Speed-Limit Tech

4/28/2017

Ford Motor Co. says its optional “intelligent speed limiter” technology was specified on about two-thirds of the vehicles it was offered on in Europe last year.

Magna Partners with Chinese Seating Supplier

4/28/2017

Magna International Inc. has agreed to form a joint venture with China's Hubei Aviation Precision Machinery Co. (HAPM).  The companies expect to close the deal in the fourth quarter.

Visteon’s First-Quarter Earnings Triple

4/28/2017

Visteon Corp. says booming demand for electronics helped hike its first-quarter net earnings to $63 million from $19 million in the same period last year.

Indian Carmakers Seek to “Correct” High Court’s Vehicle Sales Ban

4/28/2017

The Society of Indian Automobile Manufacturers has asked the country’s Supreme Court to review its ban on the sale of cars that don’t meet the country’s new BS IV emission standards, The Economic Times reports.

FCA Could Debut Self-Driving Electric Minivan by 2019

4/28/2017

Fiat Chrysler Automobiles CEO Sergio Marchionne tells analysts the company could put its semi-autonomous Chrysler Portal electric minivan into production within two years.

Head of Uber’s Robotic-Car Unit Steps Aside Because of Tech Lawsuit

4/28/2017

Anthony Levandowski, who was hired last August to head the autonomous car program at Uber Technologies Inc., has agreed not to involve himself with work on sensor technology at the center of a data theft lawsuit against the company, Business Insider reports.

Lamborghini Opens Mega-Store in Dubai

4/27/2017

Volkswagen AG’s Lamborghini unit has opened its largest showroom in the world, a 19,000-sq-ft facility in Dubai.

Kia's U.S. Unit Hires Ex-Chrysler Ad Exec Chehab

4/27/2017

Kia Motors Corp. has named Saad Chehab to take over as its U.S. marketing communications chief on May 8.

Mahindra Mulls Pininfarina-badged Supercar

4/27/2017

India’s Mahindra & Mahindra Ltd. may build a high-end electric vehicle that would be marketed under the company’s Pininfarina SpA design unit.