Commerce secretary faces heat from GOP senators over auto, steel tariffs
U.S. senators criticized Commerce Secretary Wilbur Ross for investigating possible trade action on auto imports along with the Trump administration's metals tariffs.
Study questions massive investments in AVs
Billions of dollars will be lost by many automakers that continue to invest in autonomous and electric vehicles while consumer buy-in remains low, a study from consulting firm AlixPartners says.
Continental board plans powertrain IPO, report says
Continental's supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the supplier's biggest overhaul in decades is taking shape, according to people familiar with the matter.
Fintech startups can find success by mixing skill sets
For a fintech startup breaking into automotive retail, should the top leadership have dealership experience, finance expertise or software skills?
Adient scraps plan for downtown Detroit headquarters
Seating supplier Adient confirmed it will no longer move its headquarters to downtown Detroit. Adient will remain in its current headquarters in a suburb west of Detroit, a spokeswoman said Monday.
As Adient stumbles, a familiar face reappears
Adient is struggling to find profitability as it navigates between new-world ambitions and old-world operating challenges.
What's five seconds worth to a paint supplier?
Coatings supplier Durr Industries recently was named a top supplier of FCA US, recognizing Durr for its assistance in launching the Jeep Compass at FCA's Toluca, Mexico, assembly plant.
Japan Inc. teams up on transmission technologies
Toyota, Nissan, Honda and others are partnering with the country's biggest transmission suppliers to jointly develop next-generation transmission technologies that can be shared among the members.
Superior to take EV wheels for stylish spin
Superior Industries wants to see small cars and EVs get their share of wheel fashion.
Visteon CEO battle: 'Vendetta' or get-tough stance?
Visteon, in disclosing the online porn and prostitution pursuits of former CEO Tim Leuliette, appears to have joined a movement among corporations to air executive indiscretions rather than sweep them under the rug.
How drones could open up new windows for drivers
By integrating drone technology into the vehicle's infotainment system , Mitsubishi Electric Automotive America is taking to the skies.
Apple poaches senior self-driving engineer from Waymo
Apple hired a senior self-driving car engineer from Alphabet's Waymo unit, Apple said Friday, in a sign that the iPhone maker maintains ambitions to develop autonomous vehicles.
GM exploring strategic options, possible spin-off of Cruise unit
GM has begun researching strategic options for Cruise Automation that include a public sale of shares, listing a separate tracking stock, or spinning off the unit, Bloomberg reported, citing people familiar with the matter. GM won't make a decision until Cruise is further along in development and may not take any action for a couple of years, if at all.
GM's Cruise requires AV trainers to undergo in-vehicle audits, exams and drills
GM's self-driving unit is taking its procedures a step further in the race to autonomous driving technology.
BorgWarner to restate certain financial statements for asbestos charges
Auto supplier BorgWarner said it would restate its financial statements for fiscal years 2015 and 2016 to re-evaluate accounting of its asbestos-related charges.
VW could face further fines from German authorities
VW could face additional fines in Germany on top of the 1 billion euros it has been told to pay for management lapses that caused emissions cheating on 11 million VW diesel cars.
Honeywell to rebrand turbo unit upon completion of spinoff
Honeywell is rebranding its turbocharger unit as Garrett -- Advancing Motion once the previously announced spinoff is completed.