Automotive Business Review

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News, blogs and commentary from the leader in North American automotive news
Mis à jour : il y a 6 min 32 sec

Cooper-Standard Automotive parent posts 46% increase in Q1 net income

il y a 1 heure 49 min
Cooper-Standard Holdings posted net income of $30.6 million in the first quarter, a 46 percent rise driven by an acquisition and record revenue.

Tesla posts $282 million 1st-quarter loss

il y a 2 heures 49 min
Customer deposits for the $35,000-and-up Model 3 sedan helped Tesla raise cash on hand during the first quarter of 2016 as it reported a wider net loss of $282 million. Revenue rose 22 percent to $1.1 billion.

Average fuel economy dips, likely driven by rising pickups, SUVs, researchers say

il y a 4 heures 2 min
After a record-breaking April for light-vehicle sales, the average fuel economy of those vehicles dipped slightly from March, a University of Michigan Transportation Research Institute report said.

BASF says tomorrow's vehicle colors could vary with your vantage point

il y a 4 heures 11 min
In a few years, the color of a new vehicle could vary depending on where you're standing. That's according to supplier BASF Corp.'s automotive division, which today highlighted 65 striking colors here that it said could be on vehicles by 2020.

Off-lease cars, repos buoy ADESA Q1 revenue, profits

il y a 5 heures 8 min
The parent company of ADESA reported double-digit increases in net income and revenue in its fiscal first quarter, which ended March 31, largely due to a strong performance by the auction giant.

Auctions sold more cars for more money in 2015, survey shows

il y a 5 heures 26 min
Last year was a robust one for the auto-auction business, both in vehicles sold and prices paid. National Auto Auction Association member auctions sold 9.3 million vehicles in 2015, up 6.

2 top Tesla manufacturing execs to leave as biggest challenge looms

il y a 7 heures 13 min
Two top manufacturing executives are leaving Tesla Motors, including the global head of production, at a time when the electric-car company is preparing to launch its most important car: the mass-production Model 3.

Subprime auto lender Credit Acceptance subpoenaed by Maryland

il y a 10 heures 34 min
Credit Acceptance Corp. received a subpoena from the Maryland attorney general regarding the subprime auto lender's repossession and sales policies.

Delphi doubles Q1 net income following acquisition, global growth

il y a 10 heures 34 min
Delphi Automotive's net income more than doubled in the first quarter of this year, over the same quarter last year, due to the acquisition of HellermanTyton Group and increased demand around the world.

Takata's fight for survival gets even harder as airbag recall widens

il y a 13 heures 2 min
The world's largest automotive safety recall is about to get even bigger, adding to the hurdles that Japanese airbag supplier Takata is battling to survive the crisis.

EV-charging network ChargePoint gets $50 million in funding

il y a 13 heures 28 min
Electric vehicle-charging network ChargePoint said on Tuesday it had received an additional $50 million in funding to allow the Silicon Valley company to expand beyond its current 27,000 public charging stations.

Ford develops mobile aeroacoustic wind tunnel

il y a 20 heures 3 min
Ford is taking wind-tunnel testing on the road, so that its engineers and the vehicles they test can spend less time traveling around the country.

Toyota gets another boost from light trucks

3 mai 2016 - 23:00
Toyota Motor Sales posted a 3.8 percent sales increase in April, moving 211,125 vehicles for the month. Sales at the Toyota division, including Scion, rose 5 percent to 186,243 vehicles.

Takata poised to recall another 35-40 million U.S. airbag inflators, reports say

3 mai 2016 - 22:54
Under pressure from U.S. regulators, Japanese airbag manufacturer Takata is expected to announce as early as Wednesday that it is recalling 35 million to 40 million additional inflators in U.S. vehicles, according to several media reports today.

Hyundai blames 'softness' in cars for Elantra's spring swoon

3 mai 2016 - 21:00
Just three months after Hyundai Motor Co. launched a clean-sheet redesign of the Elantra sedan, its best-selling car in the U.S.

Next-generation Jeep Wrangler breaks cover

3 mai 2016 - 20:59
Spy photographers have captured their first shots of the redesigned 2018 Jeep Wrangler driving about near Fiat Chrysler's North American headquarters in Auburn Hills, Mich.

Ford preps new engine, transmission for '17 F-150 Raptor, 3.5-liter EcoBoost models

3 mai 2016 - 20:45
More pieces of the Ford F-150 puzzle are coming together. The redesigned 2015 F-150 received aluminum body panels instead of steel. For 2017, two models will get a new powertrain.

Record car sales charge up Nissan in April

3 mai 2016 - 20:00
Big gains in Altima, Maxima and Sentra deliveries helped lift the Nissan brand to 113,429 sales in April, a 14 percent increase over April 2015 and a record for the month.

FCA sees 5.6% gain on small Jeeps, pickups, minivans

3 mai 2016 - 19:30
Continued strong demand for Jeeps and Ram pickups, as well as rebounding minivan volume, boosted FCA US sales 5.6 percent in April.

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Concéption Tommaso Pardi
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