Tesla's Q2 net loss widens to $62 million as randd expenses soarAuto News

Tesla's net loss widened to $61.9 million in the second quarter even though it assembled and delivered record numbers of Model S electric cars. Revenues surged nearly 90 percent.



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Tesla's Q2 net loss widens to $62M as randd expenses soarAuto News

Tesla Motors said its net loss widened to $61.9 million in the second quarter, even though it assembled and delivered record numbers of Model S electric cars and recorded a 90 percent increase in revenue.



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Supplier exec pleads guilty to fixing Toyota parts pricesAuto News

An executive from GS Electech, a supplier to Toyota, pleaded guilty today to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the Department of Justice said.



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Ford, GM Cut Parts to Boost Payload Claims (7/31/14)

Automakers delete bumpers, spare tires to calculate key metric; Fields’ currency concern;...

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Superior's Q2 net income drops 21%; Ark. plant to closeAuto News

Aluminum wheel supplier Superior Industries International said today that its second-quarter net income tumbled 21 percent from the year-earlier period to $5 million on flat sales of $199 million.



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BorgWarner net income up 9% for Q2 as engine division growsAuto News

BorgWarner, a supplier of turbochargers and emissions systems, reported a 9 percent increase in net income for the second quarter as its engine division grows and the European market -- which makes up about half of the company's customer base --...



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Future car colors inspired by Midwest homes, landscape, BASF saysAuto News

Future cars and light trucks will sport more sparkling oranges and browns, soft blues and greens, and pearly whites and grays -- all inspired by the clear skies, lush lawns and warm homes found in the nation's heartland -- according to trend...



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Denso's quarterly profit falls on Japan labor costs, compact car shiftAuto News

Denso, the Toyota-affiliated auto supplier, posted a 16.7 percent drop in April-June quarterly operating profit from a year earlier as domestic labor costs rose and as automakers sold more compact cars in Japan that tend to be less profitable.



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GM missed red flag from rental car firms on fatal crashesAuto News

More than seven years before GM began the biggest wave of auto recalls in history, an investigator for Vanguard Car Rental contacted the carmaker about a fatal rollover crash in California. Vanguard wasn't alone.



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Delphi reports strong Q2 profit, but next quarter may disappointAuto News

Delphi Automotive Plc today reported stronger-than-expected second-quarter profits, but offered a lower forecast for the third quarter.



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Mazda, Subaru profit from strong U.S. sales amid downturn in JapanAuto News

Japanese automakers Mazda and Subaru parent company Fuji Heavy Industries said they are on track for record full-year profits after strong sales in the United States powered double-digit profit growth in the April-June quarter.



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Fiat investors likely to approve Chrysler mergerAuto News

Fiat shareholders will likely approve the automaker's merger with Chrysler when they meet in Italy for the last time on Friday. Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger.



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Tesla, Panasonic agree to team on U.S. gigafactoryAuto News

Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States.



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VW profit falls in Q2 amid emerging-market troublesAuto News

Volkswagen said operating profit declined 3.1 percent in the second quarter as emerging-market volatility weighed on earnings.



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