Tesla's SolarCity deal gets a boost from shareholder advisory firmNov. 4, 2016
American Axle to buy Metaldyne for $3.3 billionNov. 3, 2016
American Axle & Manufacturing agreed to acquire Metaldyne Performance Group for $3.3 billion in cash, stock and debt. The deal, expected to close during the first half of 2017, creates a supplier with a broad lineup of drivetrain, driveline and powertrain components and systems.
Alleged Musk impersonator asks to toss ‘goofy’ e-mail suitNov. 3, 2016
Adient starts trading in tough market for auto stocksOct. 31, 2016
Adient, the automotive seating and interiors company spun off from Johnson Controls, started trading on the New York Stock Exchange on Monday and ran into the downdraft buffeting other automotive stocks, despite an optimistic outlook.
AutoNews Now: AutoNation's beef with NissanOct. 31, 2016
Tenneco Q3 net income rises with one-time gainOct. 28, 2016
Ford Q3 profit drops 56% as North America slipsOct. 27, 2016
CEO Mark Fields defended Ford's outlook of a “much weaker than normal” second half of the year as the company reported a 56 percent decline in third-quarter net income to $957 million today. “I would call our approach realism -- not optimism, not pessimism” Fields said in a call with financial analysts today. “It's realism.”
BorgWarner Q3 net income drops on one-time chargesOct. 27, 2016
Visteon Q3 net income grows to $28 millionOct. 27, 2016
Federal-Mogul posts Q3 gains as Icahn offer remains pendingOct. 26, 2016
Federal-Mogul the diversified auto supplier that billionaire investor Carl Icahn is aiming to take private, today said it posted $15 million in third-quarter net income, up from a $63 million loss a year earlier.
Penske Automotive Q3 net rises 1.1% to $88.5 millionOct. 26, 2016
Penske Automotive's third-quarter net income rose 1.1 percent as gains in gross profit margins in the U.S. for new and used vehicles were offset by foreign exchange-related losses and lower global profit margins for vehicle sales.