Tesla-SolarCity deal may face delay from suits as cash burnsSept. 19, 2016
Phony Elon Musk e-mail prompts investigation by oil services firmSept. 16, 2016
Quest Integrity Group said it’s looking into a claim that its finance chief impersonated Elon Musk in an e-mail to get inside information on Tesla, while calling “absurd” the electric car maker’s allegation of an oil industry conspiracy against alternative energy firms.
Adient CEO enjoys startup status, but still No. 1 in auto seatingSept. 16, 2016
It's not often that a startup enters the market as the global leader in a $60 billion industry. But Adient will be the world's No. 1 automotive seating company when it officially spins off from parent company Johnson Controls on Oct. 31.
Adient sees profit rising post-spinoff from Johnson ControlsSept. 15, 2016
Adient, the automotive seat maker being spun off from Johnson Controls, forecast adjusted profit of as much as $900 million on $17 billion in sales in the fiscal year starting Oct. 1, its first as a standalone company.
AutoNews Now: Ford's pitch to investorsSept. 14, 2016
Carl Icahn's Federal-Mogul bid likely part of bigger planSept. 12, 2016
Billionaire investor Carl Icahn is taking auto supplier Federal-Mogul private after months of raising his offer price to the company's other shareholders. What's his game? He is likely to resurrect a plan scrapped last year to split the company's powertrain and aftermarket divisions, with intentions of selling at least one.
Ford will huddle with stock analysts Sept. 14Sept. 10, 2016
Cars.com to spin off from TegnaSept. 7, 2016
Tegna Inc., the broadcaster once part of Gannett, will spin off auto-sales website Cars.com and is evaluating a sale of its CareerBuilder job-hunting unit. Alex Vetter, a longtime Cars.com executive, will lead the independent company as CEO.
VW buys 17% Navistar stake; full merger is possibleSept. 6, 2016
Volkswagen agreed to a wide-ranging technology and purchasing deal with U.S. truck maker Navistar in exchange for a 16.6 percent stake, an alliance forged in part by the need to meet stringent emissions regulations.
Musk targets naysayers, urges Tesla workers to cut costsSept. 2, 2016
Elon Musk sent an e-mail to Tesla employees urging them to cut costs and deliver "every car we possibly can" in a push to show positive cash flow in the third quarter. The CEO of the EV maker said it would be the company's last opportunity to show improved financial numbers before Tesla tries to raise more money.
Shareholders approve Johnson Controls-Tyco mergerAug. 17, 2016
BorgWarner adjusted Q2 earnings improve 9% as drivetrain business soarsJuly 28, 2016
BorgWarner reported adjusted earnings of $327.6 million in the second quarter, a 9 percent increase from the year-earlier period. Net income rose 11 percent to $164.4 million in the second quarter, the company said in a statement.