ZF's pursuit of TRW may spark wave of mergers in supply chainAuto News

The biggest auto-parts deal since 2007 may be just the start of consolidation, with Autoliv and Visteon among the next potential targets, analysts say.



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Bentley may add a fifth model after SUV launchAuto News

Bentley may add a fifth model to its lineup after it launches an SUV in 2016, CEO Wolfgang Duerheimer said. The new model could be a two-seat sports car or a larger model slotted between the Continental GT coupe and Mulsanne sedan.



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GM may put Brazil workers on paid leaveAuto News

GM wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union says, amid falling output in Latin America's largest economy.



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GM Near End of Recall Push (7/24/14)

Safety blitz ‘substantially complete’ Barra says; Ford’s Europe product plan;...

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Fiat and PSA dismiss latest tie-up reportAuto News

PSA/Peugeot-Citroen and Fiat Chrysler denied a report that the companies were preparing a merger to create the world's fifth-largest carmaker.



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Gentex Q2 net income grows 47 percentAuto News

Automotive mirror supplier Gentex reported $76.7 million in net income with total revenue of $338.4 million for the second quarter.



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Cooper-Standard begins operations at Asia Pacific tech centerAuto News

Auto supplier Cooper-Standard Automotive Inc. began operations at its Asia Pacific Technical Center today in Shanghai.



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Don't get out the party hats at Ford just yet, analyst saysAuto News

Here is a sampling of analysts' reactions to Ford's second-quarter report:



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Acura NSX prototype bursts into flames during testingAuto News

An Acura NSX prototype burst into flames today while testing in Germany, but Acura says the futuristic sports car is continuing 'progress toward its highly anticipated launch.'



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Outstanding U.S. auto loans hit all-time high, Equifax saysAuto News

Total outstanding auto loans in the United States hit an all-time high of $902 billion this spring, an increase of more than 10 percent from the same time a year earlier, according to the latest Equifax National Consumer Credit Trends Report, which...



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GM is 'paying for past sins,' analyst says Auto News

Here is a sampling of analysts' reactions to GM's second-quarter report.



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Mike Alexander, famed car customizer and Ridler winner, dies at age 80Auto News

Mike Alexander, a famed Detroit custom-car builder who won a Ridler award with a modified 1966 Dodge pickup, died on July 18. He was 80.



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Group 1 Q2 profit tumbles 55% on Brazilian problems Auto News

Group 1 Automotive's second-quarter net income tumbled 55 percent from a year earlier to $16.9 million, dragged down by a struggling economy in Brazil which accounts for 8 percent of its revenue.



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GM's quarterly profit plunges on recall costsAuto News

General Motors today posted an 85 percent drop in second-quarter net income, hurt by recall-related expenses including a special charge of $400 million for the cost of a program to compensate victims of GM's faulty ignition switch.



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GM Korea could make next-gen Cruze if union calls off strikeAuto News

GM's South Korean subsidiary told its employee union that the automaker could consider making the next-generation Chevrolet Cruze in South Korea if the union calls off a wage-related strike.



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Ford Q2 earnings rise on N.A. record, first European profit in 3 years Auto News

Ford posted a second-quarter pretax profit of $2.6 billion, bolstered by a record performance in North America and its first quarterly profit in Europe in three years.



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Hyundai Q2 profit dips 7% on strengthening currencyAuto News

Hyundai's net profit fell the most in five quarters, hit by the local currency's strength, and said it may make more vehicles overseas as it braces for a tough second half with the won still strong.



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