Tesla shares falls on cash concerns, doubt about manufacturing goalsAuto News

Tesla Motors shares fell today after the company, aiming to dramatically boost production, withdrew its projection to generate more cash than it uses this year and said it will probably need to raise capital.

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Nissan recalls 108,503 Rogues for potential liftgate corrosionAuto News

Nissan is recalling 108,503 Rogue crossovers for potential corrosion in the rear liftgate support device.

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Fiat Chrysler says self-driving car deal with Google not exclusive Auto News

A newly-struck deal between Google and Fiat Chrysler Automobiles for a fleet of 100 self-driving cars is not exclusive, Fiat's Chief Executive Sergio Marchionne said today.

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Magna's Q1 profit rises on increased vehicle production, Getrag acquisitionAuto News

Canadian auto supplier Magna International today reported an 8 percent rise in first-quarter profit, helped by an higher vehicle production in North America and Europe along with the completion of a major acquisition.

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Automakers, states urge White House to reject plan to open spectrumAuto News

A group of more than 50 automakers, state transportation agencies and other groups today urged the White House and other federal policymakers not to immediately open a portion of the wireless spectrum reserved for connected vehicles.

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Ford, looking to speed tech rollout, pours $182.2M into software company PivotalAuto News

Ford is investing $182.2 million in the Silicon Valley software company behind its new FordPass smartphone app, as it works to develop and roll out technology to customers faster.

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Billions are being invested in driverless cars that Americans don't wantAuto News

The driverless revolution is racing forward, as inventors overcome technical challenges such as navigating at night and regulators craft new rules. Yet the rush to robot cars faces a big roadblock: People aren't ready to give up the wheel.

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Cooper-Standard Automotive parent posts 46% increase in Q1 net income Auto News

Cooper-Standard Holdings posted net income of $30.6 million in the first quarter, a 46 percent rise driven by an acquisition and record revenue.

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Tesla posts $282 million 1st-quarter lossAuto News

Customer deposits for the $35,000-and-up Model 3 sedan helped Tesla raise cash on hand during the first quarter of 2016 as it reported a wider net loss of $282 million. Revenue rose 22 percent to $1.1 billion.

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Average fuel economy dips, likely driven by rising pickups, SUVs, researchers sayAuto News

After a record-breaking April for light-vehicle sales, the average fuel economy of those vehicles dipped slightly from March, a University of Michigan Transportation Research Institute report said.

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Subprime auto lender Credit Acceptance subpoenaed by MarylandAuto News

Credit Acceptance Corp. received a subpoena from the Maryland attorney general regarding the subprime auto lender's repossession and sales policies.

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BASF says tomorrow's vehicle colors could vary with your vantage pointAuto News

In a few years, the color of a new vehicle could vary depending on where you're standing. That's according to supplier BASF Corp.'s automotive division, which today highlighted 65 striking colors here that it said could be on vehicles by 2020.

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NHTSA Orders More Takata Recalls (5/4/16)

Takata crisis deepens: NHTSA orders recall of millions more inflators; 2 execs leaving Tesla ahead...
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Off-lease cars, repos buoy ADESA Q1 revenue, profitsAuto News

The parent company of ADESA reported double-digit increases in net income and revenue in its fiscal first quarter, which ended March 31, largely due to a strong performance by the auction giant.

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Auctions sold more cars for more money in 2015, survey showsAuto News

Last year was a robust one for the auto-auction business, both in vehicles sold and prices paid. National Auto Auction Association member auctions sold 9.3 million vehicles in 2015, up 6.

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U.S. orders massive expansion of Takata recallsAuto News

U.S.

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2 top Tesla manufacturing execs to leave as biggest challenge loomsAuto News

Two top manufacturing executives are leaving Tesla Motors, including the global head of production, at a time when the electric-car company is preparing to launch its most important car: the mass-production Model 3.

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Delphi doubles Q1 net income following acquisition, global growthAuto News

Delphi Automotive's net income more than doubled in the first quarter of this year, over the same quarter last year, due to the acquisition of HellermanTyton Group and increased demand around the world.

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Takata's fight for survival gets even harder as airbag recall widensAuto News

The world's largest automotive safety recall is about to get even bigger, adding to the hurdles that Japanese airbag supplier Takata is battling to survive the crisis.

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EV-charging network ChargePoint gets $50 million in fundingAuto News

Electric vehicle-charging network ChargePoint said on Tuesday it had received an additional $50 million in funding to allow the Silicon Valley company to expand beyond its current 27,000 public charging stations.

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