Tower swings to $3.3 million Q3 profit, raises forecastAuto News

Tower International, which supplies structural metal components and assemblies to automakers, said today it posted third-quarter net income of $3.3 million.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM10/131039975/tower-swings-to-3-3-million-q3-profit-raises-forecast

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BorgWarner profits skyrocket 65% in Q3Auto News

BorgWarner, the maker of automotive turbochargers and emission systems, reported a 65 percent rise in quarterly profit, partly due to higher demand for fuel-efficient vehicles.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM10/131039976/borgwarner-profits-skyrocket-65-in-q3

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BMW recalls 176,000 4-cylinder vehicles to fix power brakesAuto News

BMW is recalling about 176,000 of its four-cylinder, gasoline-powered vehicles from the 2012-14 model years because of potential problems with the power brakes, the company said.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM11/131039977/bmw-recalls-176000-4-cylinder-vehicles-to-fix-power-brakes

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Honda to sell electronic parts unit for about $500 million, report says Auto News

Honda has agreed to sell its electronic parts subsidiary to Japan's Nidec Corp, a maker of precision motors, for about 50 billion yen ($509 million), the Nikkei business daily reported today.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM10/131039988/honda-to-sell-electronic-parts-unit-for-about-500-million-report

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Marchionne vows never to repeat mistakes from Cherokee launchAuto News

Chrysler Group CEO Sergio Marchionne today acknowledged mistakes in the way the company developed and launched the 2014 Jeep Cherokee, and vowed to never repeat them. "What we've learned is that we'll never repeat it," he said.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM/131039980/marchionne-vows-never-to-repeat-mistakes-from-cherokee-launch

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Fiat lowers 2013 profit target as quarterly earnings declineAuto News

Fiat Group has lowered its profit target for 2013 as sales in Brazil slumped and losses in Europe persisted.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/COPY01/310309898/fiat-lowers-2013-profit-target-as-quarterly-earnings-decline

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Subaru to debut sports tourer concept in TokyoAuto News

Subaru today said it plans to unveil at November's Tokyo Motor Show a new sports tourer concept, a wagon-shaped preview of a production model coming to market next year.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM04/131039985/subaru-to-debut-sports-tourer-concept-in-tokyo

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Honda to sell electronic parts unit to Nidec for about $500 millionAuto News

Honda has agreed to sell its electronic parts subsidiary to Japan's Nidec Corp, a maker of precision motors, for about 50 billion yen ($509 million), the Nikkei business daily reported today.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM10/131039988/honda-to-sell-electronic-parts-unit-to-nidec-for-about-500-million

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Chrysler Q3 net income climbs 22% to $464 millionAuto News

Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the 2014 Jeep Cherokee.



from Automotive News Breaking News Feed http://europe.autonews.com/article/20131030/ANE/310309930/chrysler-q3-net-income-climbs-22-to-464-million

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GM bolsters N.A. earnings, cuts European losses Auto News

General Motors continued to trim its losses in Europe in the third quarter and posted a stout bottom line in North America on strong production of trucks and SUVs.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM/131039997/gm-bolsters-n-a-earnings-cuts-european-losses

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Tesla awards Panasonic 4-year battery contractAuto News

Panasonic won a new contract to supply cells to Tesla Motors' Model S and Model X in a deal that may generate $7 billion in revenue.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM05/131039990/tesla-awards-panasonic-4-year-battery-contract

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JCI says divesting unprofitable interiors unit is an optionAuto News

Johnson Controls said it would explore various options for its unprofitable automotive interiors unit, including a divestiture.



from Automotive News Breaking News Feed http://www.autonews.comhttp://europe.autonews.com/article/20131030/COPY/310309946/jci-says-divesting-unprofitable-interiors-unit-is-an-option

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Chrysler Q3 net income climbs 22% to $464 millionAuto News

Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the 2014 Jeep Cherokee.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM/131039992/chrysler-q3-net-income-climbs-22-to-464-million

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VW operating profit up 20% amid cost cutsAuto News

Volkswagen posted a 20 percent increase in third-quarter operating profit as Europe's largest automaker cut costs to compensate for a slumping market in its home region that's pressuring manufacturers to lower car prices.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM/131039991/vw-operating-profit-up-20-amid-cost-cuts

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Honda quarterly net profit surges 46% on U.S. sales riseAuto News

Honda's second-quarter net profit rose 46 percent after strong car sales in its biggest market, the United States.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM/310309983/honda-quarterly-net-profit-surges-46-on-u-s-sales-rise

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Honda quarterly net profit rises 46% on U.S. sales riseAuto News

Honda's second-quarter net profit rose 46 percent after strong car sales in its biggest market, the United States.



from Automotive News Breaking News Feed http://www.autonews.com/article/20131030/OEM/310309983/honda-quarterly-net-profit-rises-46-on-u-s-sales-rise

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