Automotive

Ford to overhaul Lincoln brand, this time with big bucks

Ford Motor Co's (F.N) new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.


Ford's lower profit beats estimates; sales down on F-150 launch

Ford Motor Co's third-quarter earnings fell 34 percent but beat Wall Street expectations on a strong showing in North America even as revenue fell due to the cost of introducing the F-150 pickup truck.

Delphi Automotive looking to sell thermal unit for $1 billion

Auto parts maker Delphi Automotive Plc (DLPH.N) is looking to sell its business that makes heating and cooling systems for cars, and will seek as much as $1 billion, Bloomberg reported, citing people with knowledge of the matter.

Toyota executive stands by Takata as supplier despite air bag troubles

A top Toyota Motor Corp (7203.T) executive said on Wednesday the Japanese automaker has no plans to abandon Takata Corp (7312.T) despite the supplier's struggles with air bag inflators that could rupture and spray metal shrapnel at vehicle occupants.


Latest News

China said on Thursday it would punish carmakers by restricting their production and publicly naming them if they fail to meet fuel consumption requirements on passenger vehicles set for 2015.
Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires.
Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.
Ford Motor Co said on Monday it will add 850 hourly jobs at its Dearborn, Michigan, facilities to support the launch of the redesigned, aluminum-intensive 2015 F-150 pickup truck.
Auto analysts are skeptical that Sergio Marchionne, the hyperbolic chief executive of Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N), can meet his most ambitious goal: to nearly double Jeep's global sales over the next four years.
Fiat Chrysler Automobiles (FCA) makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.
Armored AutoGroup Inc is exploring an initial public offering that could value the maker of car care products at more than $1.5 billion, including debt, according to people familiar with the matter.
Nissan Motor Co is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, U.S safety regulators and the company said on Friday.
Tesla Motors Inc on Thursday took its first step toward automated driving, unveiling features that will allow its electric sedan to park itself and sense dangerous situations.
Japanese automaker Nissan Motor Co Ltd (7201.T) said on Friday that, together with its Chinese joint venture partner, it sold about 93,700 automobiles in China in September, down 20 percent from a year earlier.
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