2018年8月8日 星期三

Wall Street to Elon Musk: Show me the moneyAuto News

Wall Street and Washington have the same question for Elon Musk: Where's the money?

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SEC review of Elon Musk's tweets likely to focus on truthfulnessAuto News

Regulators are likely to focus on whether Elon Musk was telling the truth when he said on Twitter that he'd secured funding to take electric-carmaker Tesla private.

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Ford 'evolving' Mulally's One Ford plan with move to 5 modular platformsAuto News

Moving down to five module vehicle platforms will help Ford save costs and boost the efficiency of its supply base, said product development and purchasing boss Hau Thai-Tang

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l St. Skeptical Musk Can Take Tesla Private (8/8/18)

Wall St. skeptical Musk can take Tesla private; Ford’s challenge: Staying fresh in China;...
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Strong growth in North America helps fuel Delphi's improved Q2 financialsAuto News

Delphi Technologies PLC reported improved financials for the second quarter of 2018 due to strong growth in North America and lower costs for restructuring.

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Andra Rush sells stake in Detroit Manufacturing Systems, steps down as CEOAuto News

Andra Rush, who built Detroit Manufacturing Systems into a top-level auto supplier with $1 billion in annual revenue, has stepped down as CEO and sold her majority share in the company.

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Autonomous driving will support, not displace truckers, study saysAuto News

A study from the American Center of Mobility concludes that automated technology will "largely support truck drivers instead of replacing them" for the next decade.

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Suburban Collection, largest dealership group in Michigan, acquires Somerset Buick-GMCAuto News

David Fischer, head of Suburban Collection, the largest auto retailer in Michigan, announced Wednesday that the group has acquired Somerset Buick-GMC.

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Elon Musk's tweets bump up against legal gray areasAuto News

Social media has handed a megaphone to anyone who wants one, and the world is still trying to work out how to cope.

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Santander readies for FCA captive auditionAuto News

Santander executives couldn't help but brag about origination growth for the company's Chrysler channel during a second-quarter earnings call.

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Why AutoNation's FandI profits are holding steadyAuto News

As used-vehicle sales rise and new-vehicle sales decline, AutoNation's FandI profit per unit will likely hold steady.

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Mitchell International parters with GM on programAuto News

General Motors' Customer Care and Aftersales division is launching the GM Collision Repair Network for qualified dealership collision repair facilities and independent body shops.

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Magna's Q2 profits rise, but forecast fallsAuto News

Magna International reported a 13 percent year-over-year gain in second-quarter net income on record sales, even as it lowered its outlook for 2018 in response to tariffs.

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Magna lowers production forecast on expected hit from tariffsAuto News

Canadian auto parts maker Magna International Inc lowered its full-year production forecast for North America, hurt in part by tariffs imposed by the Trump administration.

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Can Musk pull off taking Tesla private? Some investment experts skepticalAuto News

Billionaire investor Elon Musk has always done things his own way, from designing space rockets to manufacturing electric cars. Now the Tesla CEO is looking to re-engineer how a company can be taken private.

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Can Musk pull off taking Tesla private? Some investment experts skepticalAuto News

Billionaire investor Elon Musk has always done things his own way, from designing space rockets to manufacturing electric cars. Now the Tesla CEO is looking to re-engineer how a company can be taken private.

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