Supplier ThyssenKrupp plans to invest $866 million in N.A. by 2020Auto News

German industrial group ThyssenKrupp plans to invest more than 800 million euros ($869 million) in North America by 2020 to take advantage of increased auto production.

from Automotive News Breaking News Feed http://ift.tt/1Dkl8RA
Source Auto News

Lear Q1 net income, revenue up after Eagle Ottawa acquisitionAuto News

Seating and electronics supplier Lear acquired leather supplier Eagle Ottawa in the first quarter and said that net income during the period increased 20 percent and revenue jumped 3.7 percent from the year earlier.

from Automotive News Breaking News Feed http://ift.tt/1yWJVQ7
Source Auto News

GM paid Barra $16.2 million in 2014Auto News

GM CEO Mary Barra received $16.2 million in total compensation during her first year leading the automaker, GM said in a regulatory filing today. Barra's payout included a base salary of $1.6 million, stock awards totaling $11.8 million, and $2.

from Automotive News Breaking News Feed http://ift.tt/1DYxe6y
Source Auto News

Toyota makes noise with Mirai hydrogen fuel cell vehicleAuto News

For all its silence, Toyota's Mirai hydrogen fuel cell vehicle actually can be pretty noisy. Ironically, that is because the car is propelled by a whispering electric motor that allows the driver to pick up sounds that might otherwise be droned out.

from Automotive News Breaking News Feed http://ift.tt/1HzYURH
Source Auto News

Mitsubishi posts first annual N.A. profit in seven yearsAuto News

Mitsubishi booked double-digit profit increases in the latest quarter to propel the carmaker to record annual earnings and its fist North America profit in seven years.

from Automotive News Breaking News Feed http://ift.tt/1I3Poqy
Source Auto News

Mazda quarterly profits fall on currency losses while sales riseAuto News

Profits fell at Mazda in the January-March quarter, undercut by higher outlays for marketing and factory startups and foreign exchange losses, despite rising sales.

from Automotive News Breaking News Feed http://ift.tt/1GpKchn
Source Auto News

Former Hitachi exec sentenced to 15 months in prison after guilty plea for price fixingAuto News

A former executive with Hitachi Automotive Systems pleaded guilty and was sentenced to 15 months in prison for conspiring to fix prices on a number of automotive parts sold in the United States.

from Automotive News Breaking News Feed http://ift.tt/1JiaKly
Source Auto News

Former Hitachi executive sentenced to 15 months in prison after guilty plea for price fixingAuto News

A former executive with Hitachi Automotive Systems pleaded guilty and was sentenced to 15 months in prison for conspiring to fix prices on a number of automotive parts sold in the United States.

from Automotive News Breaking News Feed http://ift.tt/1aWbwWm
Source Auto News

Pricing pressure in U.S., China raises fears about future auto profitsAuto News

The strength of the U.S. and China economies has helped companies like General Motors offset weakness in others parts of the world, but growing pricing pressure in those lucrative markets could be a warning sign for future profits.

from Automotive News Breaking News Feed http://ift.tt/1Oip5Sg
Source Auto News

Ford to cut 700 jobs at Mich. plant, hitting Tier 2 workersAuto News

Ford plans to cut 700 jobs and eliminate the third shift at its small-car assembly plant in suburban Detroit, in the company's first large-scale layoff of Tier 2 workers.

from Automotive News Breaking News Feed http://ift.tt/1HxmDSA
Source Auto News

Taking 'Bullish' to New Level (4/23/15)

Toyota’s cheeky answer to fuel-cell skeptics; GM’s speedy buybacks; Piech-Winterkorn...
from TumblrCynthia Lin

Pricing pressure in U.S., China raises fears about future profitsAuto News

The strength of the U.S. and China economies has helped companies like General Motors offset weakness in others parts of the world, but growing pricing pressure in those lucrative markets could be a warning sign for future profits.

from Automotive News Breaking News Feed http://ift.tt/1JhA6jz
Source Auto News

Fiat Chrysler recalls 46,000 vehicles for ignition switch, airbag issuesAuto News

Fiat Chrysler is recalling 43,874 Jeep Liberty, Jeep Wrangler and Dodge Viper models for possible ignition-switch issues and 2,408 Ram ProMaster City models for airbag problems.

from Automotive News Breaking News Feed http://ift.tt/1DgY6Lj
Source Auto News

GM Financial Q1 net rises as lease volume skyrocketsAuto News

Captive finance company GM Financial had a giant increase in lease volume in the first quarter, as parent company GM switched to GM Financial as its exclusive preferred lender for Buick, Cadillac, Chevrolet and GMC subsidized leases.

from Automotive News Breaking News Feed http://ift.tt/1DUcSvd
Source Auto News

Dealerships can gain an edge with Spanish-language marketingAuto News

Dealerships willing to advertise and post videos in Spanish face little competition reaching a growing number of Latino car buyers, said Ricky Lopez, Internet director at David Maus Toyota in Sanford, Fla.

from Automotive News Breaking News Feed http://ift.tt/1QoPUmC
Source Auto News

Most-Desired Car Tech (4/22/15)

J.D. Power: Crash-prevention features top list; Lincoln losing taste for alphabet soup?; 200’s...
from TumblrCynthia Lin

Goodyear to spend $550 million on tire plant in Mexico, report saysAuto News

Goodyear Tire and Rubber is planning to spend $550 million on a new tire plant in Mexico, a person familiar with the matter told Reuters, the latest in a string of investment pledges in the country's booming auto sector.

from Automotive News Breaking News Feed http://ift.tt/1d4xhVB
Source Auto News

GM gets boost from smaller pickups, but doubters question for how longAuto News

General Motors' return to selling smaller pickups in the United States has resuscitated a moribund market segment, but new data highlights the risk that the automaker's new trucks are cannibalizing sales of higher-priced models.

from Automotive News Breaking News Feed http://ift.tt/1zQiAdy
Source Auto News

Hyundai may boost SUV capacity in U.S., China after Q1 profit dipsAuto News

South Korea's Hyundai Motor may boost production of SUVs in the United States and China after reporting profits fell again, squeezed by the cost of promotions to bolster car sales and unfavorable foreign exchange trends.

from Automotive News Breaking News Feed http://ift.tt/1d4muLc
Source Auto News

GM profit rises, aided by North America Auto News

General Motors posted first-quarter operating income of $2.08 billion, driven by strong truck sales in North America that offset weakness from the economic downturns in Brazil and Russia.

from Automotive News Breaking News Feed http://ift.tt/1EgSTYX
Source Auto News