Japan's NSK agrees to $34.5 million settlement in price-fixing caseMon, 25, Jul 2016
Japanese auto supplier NSK said it has agreed to pay $34.5 million in a settlement stemming from a class-action lawsuit over price-fixing allegations.
Jaguar Land Rover said to be in talks with Ford, BMW over battery plantMon, 25, Jul 2016
Jaguar Land Rover declined to comment on a newspaper report that it is in talks with Ford and BMW to build a battery plant in the UK.
Amtek said to expand asset sale to include all overseas unitsMon, 25, Jul 2016
Amtek Auto, the cash-strapped Indian parts maker that supplies Ford and Aston Martin, has expanded its planned asset sale to include additional overseas businesses as it looks to reduce leverage, people familiar with the matter told Bloomberg.
FCA recalling 410,000 vehicles for software, wiring issuesFri, 22, Jul 2016
Fiat Chrysler Automobiles said it is recalling nearly 410,000 vehicles worldwide because of a defect that can lead to a loss of propulsion.
All-Terrain TechnologyMon, 25, Jul 2016
JLR is working on connected-car technologies that work regardless of terrain with the goal of reducing driver stress, accidents and injuries. No word yet on when these will debut.
Axalta acquires United Paint's automotive coatings businessFri, 22, Jul 2016
Axalta Coating Systems has acquired United Paint and Chemical's automotive interior coatings business. Terms of the deal were not disclosed.
Auto industry should enlist hackers to aid in cybersecurity, panelists sayFri, 22, Jul 2016
If the auto industry wants protection from the most talented players in the cybersecurity field, then it needs to attract hackers, panelists said today at the Billington Global Automotive Cybersecurity Summit.
Switch to 48 volts? Not so fastMon, 25, Jul 2016
Every five years or so, you hear scuttlebutt that sometime soon a luxury car is about to replace its 12-volt electrical system with a battery capable of handling all the electronics now being developed for automobiles. It's not a quick change.
Mexico's awakening is good all aroundMon, 25, Jul 2016
The belated awakening of Mexico's new-vehicle marketplace is a big deal. It's good news all around, something that ought to put smiles on the faces of everybody in the global auto industry.
GM may recall another 4.3M vehicles for Takata airbags; cost could reach $550 millionThu, 21, Jul 2016
General Motors said in a securities filing on Thursday it may be forced by U.S. regulators to recall another 4.3 million vehicles for Takata airbag inflators -- a call-back that would cost it $550 million.
JCI's auto unit posts record quarterly profit with spinoff approachingThu, 21, Jul 2016
Johnson Controls reported record income in its fiscal third quarter for its automotive unit, even as revenue fell 19 percent due in part to the deconsolidation of its interiors business.
Mitchell Plastics to build $20.5 million parts plant near DetroitThu, 21, Jul 2016
Canadian auto supplier Mitchell Plastics plans to invest $20.5 million to build a plant north of Detroit in Sterling Heights, Mich., a move that will create 122 jobs, the state's development arm said.