Japan's automakers scramble to counter strong yen after $5 billion hitAuto News

A resurgent yen wiped almost $5 billion off the operating income of Japan's seven automakers in the first quarter.

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GM's midengine Corvette coming in 2019, report saysAuto News

General Motors is moving forward with long-rumored plans for a mid-engine Chevrolet Corvette, marking the biggest engineering change in the venerable sports car since its debut in the 1950s, according to a report.

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GM's mid-engine Corvette coming in 2019, report saysAuto News

General Motors is moving forward with long-rumored plans for a mid-engine Chevrolet Corvette, marking the biggest engineering change in the venerable sports car since its debut in the 1950s, according to a report.

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Musk's Trip to 'Hell' and Back (8/4/16)

Musk’s trip to ‘hell’ and back; NHTSA upgrades probe of ARC airbag inflators;...
from TumblrCynthia Lin

U.S. expands probe of 8 million airbag inflators after fatal crash in CanadaAuto News

NHTSA said it is upgrading a probe of more than 8 million airbag inflators made by ARC Automotive Inc. after a death was reported in Canada following an inflator rupture in a Hyundai vehicle last month.

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Automakers, suppliers urged to strengthen relationships before next downturnAuto News

Suppliers and automakers must build strong relationships now to help them get through a potential downturn in sales and production, a panel of executives said here today.

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ADESA buoys KAR Auction Services Q2 resultsAuto News

Auction site acquisitions and an influx of off-lease vehicles lifted second-quarter profits, revenue and unit sales at ADESA.

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In Tesla's Q2 report, traditional financial measures gain new prominenceAuto News

When Tesla reported its latest earnings on Wednesday, there was a notable twist to its financials. It wasn't just that the company failed to hit analysts' estimates again but that it emphasized conventional financial measures.

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Samsung's Lee weighs car technology move with talks for FCA unitAuto News

After Samsung Electronics' success in selling components for rivals' smartphones, Vice Chairman Lee Jae Yong is considering a similar strategy for the world of automobiles.

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Ford recalling 830,000 vehicles for possible latch malfunctionAuto News

Ford said it is recalling nearly 830,000 vehicles, including the Escape, Focus and Mustang, because the doors may not latch properly or could open while driving. The recall only covers vehicles in warm-weather states.

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Ford uses Olympics to get aggressive on SnapchatAuto News

Ford is about to make its most aggressive play yet on Snapchat and the automaker is using the Olympics to launch the campaign. There's just one problem: Ford is not an official Olympics sponsor.

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Musk criticizes California board over emission credits standardsAuto News

Tesla CEO Elon Musk hammered the California Air Resources Board over its emission credits program, saying the standards need to be raised. It was a rare public tirade against an agency that has done more than any other state in the U.S.

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Toyota operating profit falls 15% as strong yen hurts earningsAuto News

Toyota said operating profit in the latest quarter fell 15 percent to $6.33 billion as a strong yen weighed on earnings.

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