BorgWarner Q3 earnings rise despite headwindsAuto News

BorgWarner expects to continue to outperform the new-vehicle market -- partly by ramping up its business in hybrids and electric vehicles -- despite growing headwinds.

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Why Ford is recalling 1.3 million Focus sedans in the U.S.Auto News

Ford said it is recalling nearly 1.3 million Ford Focus vehicles in the U.S. over an issue with the canister purge valve that may trigger engine stalls.

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Why a simple fender bender could cost drivers thousands of dollarsAuto News

New advanced safety systems are slowly becoming more ubiquitous across the auto industry, but new research from the AAA indicates that safety benefits may come at a price.

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New safety systems may double repair costs in minor incidents, AAA study showsAuto News

New advanced safety systems are slowly becoming more ubiquitous across the auto industry, but new research from the AAA indicates that safety benefits may come at a price.

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Autoliv spinoff Veoneer delays sales, margin goals as auto gloom spreadsAuto News

Swedish auto supplier Veoneer, the Autoliv spinoff firm, pushed back its sales and margin targets, blaming production delays at customers struggling with tougher regulations and faltering demand.

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GM’s AV Effort Said to Have Hit Rough Patch (10/25/18)

GM’s AV effort said to have hit rough patch; VW seeking stake in Waymo?; Ford recalls 1.5M Focus...
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Lyft makes aggressive acquisition, accelerates self-driving randdAuto News

Lyft said it acquired augmented reality startup Blue Vision Labs, accelerating the company another step forward in the race to revolutionize transportation through autonomous driving.

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Lear CFO laments predicting 'slippery pig' auto production cyclesAuto News

Given recent volatility in auto production schedules, trying to predict short-term production volumes is a slippery business right now, said Lear CFO Jeff Vanneste.

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Sonic's EchoPark business thrives, but Q3 net income fallsAuto News

Sonic Automotive's net income dipped in the third quarter because of lower revenue and new-vehicle sales, though the company saw gains in its standalone EchoPark used-vehicle operations.

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Ally's auto originations fall flat in Q3Auto News

Despite substantial gains in the used-vehicle market and lease originations, Ally Financial's consumer auto originations remained flat in the third quarter because of declining new vehicle business.

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Jaguar Land Rover's massive new Slovak plant opens for Job 1Auto News

Jaguar Land Rover officially launched its Slovakia plant amid warnings that UK production jobs could be at risk because of Brexit.

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California to fight 'unlawful' Trump fuel economy rollbackAuto News

California plans to attack the Trump administration proposal to freeze auto fuel economy standards at 2020 levels and unwind the state's plan for more stringent rules on tailpipe greenhouse gas emissions as "unlawful," California's attorney general...

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VW in talks with Waymo about mobility services partnership, report saysAuto News

VW Group is exploring a European partnership in the area of mobility services with Waymo and a battery investment with SK Innovation, a report said.

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Ford recalls nearly 1.5 million Focus sedans for engine stall issueAuto News

Ford will recall nearly 1.5 million cars in North America to address a faulty part that could lead to engine stalls. The recall covers 2012-2018 Focus cars with 2.0-liter GDI and 2.0-liter GTDI engines.

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Why Penske Automotive generated record Q3 earningsAuto News

Penske Automotive's third-quarter earnings set records, aided by increases in overall sales, plus higher gross profits in most parts of its retail automotive business.

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Hyundai quarterly profit drops on U.S. recall costsAuto News

Hyundai Motor's third-quarter profit plunged by two-thirds, hit by a $440 million one-off charge related to costs from U.S. airbag and engine-related recalls.

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Daimler Q3 earnings fall 27%, hit by Germany slump Auto News

Daimler said customer demand remains strong even as a regulatory crackdown on diesel cars and a 13 percent sales slowdown for Mercedes-Benz cars in Germany weighed on third-quarter earnings.

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