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The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say.
Posted: July 25, 2014, 5:01 am
GM wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union says, amid falling output in Latin America's largest economy.
Posted: July 25, 2014, 2:21 am
Automotive mirror supplier Gentex reported $76.7 million in net income with total revenue of $338.4 million for the second quarter.
Posted: July 24, 2014, 8:19 pm
PSA/Peugeot-Citroen and Fiat Chrysler denied a report that the companies were preparing a merger to create the world's fifth-largest carmaker.
Posted: July 24, 2014, 8:15 pm
An Acura NSX prototype burst into flames today while testing in Germany, but Acura says the futuristic sports car is continuing "progress toward its highly anticipated launch."
Posted: July 24, 2014, 6:42 pm