JDC's success is about company, not familyAuto News

Very few family members are actually employed at Tennessee automotive supplier JDC Coatings, which President Michael Frye says allows the company to focus on what's best for the business.

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New urgency from Honda, Toyota on next-gen technologiesAuto News

Toyota and Honda have unveiled separate initiatives for car connectivity and artificial intelligence, the latest moves by Japan's auto industry to counter emerging tech rivals in Silicon Valley.

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With 2 new products, Jaguar expects sales to jump Auto News

Joe Eberhardt, CEO of Jaguar Land Rover North America, acknowledges that the speed of change at the company is challenging, with a new dealership design and dealer margin structure.

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GM, Ford reduce stakes in online parts marketplace OEConnectionAuto News

GM and Ford sold a majority stake in OEConnection -- a 15-year-old online marketplace for the sale of original-equipment parts to dealers -- to private equity firm Providence Equity Partners.

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GM, Ford reduce stakes in parts marketplace OEConnectionAuto News

GM and Ford sold a majority stake in OEConnection -- a 15-year-old online marketplace for the sale of original-equipment parts to dealers -- to private equity firm Providence Equity Partners.

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China's BAIC starts selling cars in Mexico, may build a plant, exec saysAuto News

China's BAIC Motor Corp. has started selling its own cars imported from China in Mexico and may build a plant there, a senior company executive said.

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Auto Loan Market 'Overheated,' Execs Say (6/3/16)

Auto loan market overheated, bank execs say; Report: Ad firms pad bottom line; Canadian workers push...
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Auto financiers tapping the brakes on subprime lendingAuto News

Executives at some of the biggest banks in auto lending said at a conference this week that they're tapping the brakes on subprime lending, especially at the lower end of the credit spectrum.

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Planet M aims to shift Michigan's orbit from manufacturing to mobilityAuto News

Michigan, while still the world's largest automotive epicenter, is changing, and the state's leaders, business and political, must make way for an industry with shrinking labor needs and greater emphasis on talent and technology.

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U.S. fuel economy improves in May despite weak car salesAuto News

Despite the drop in car sales in May, the average fuel economy of light vehicles purchased in the U.S. last month still rose from April, a University of Michigan Transportation Research Institute report said.

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Faurecia opens Ky. plant to build Ford Super Duty seatsAuto News

Faurecia SA, the French auto supplier, is inaugurating a new seat plant today in Simpsonville, Ky. The plant will supply complete seat systems for the Ford Super Duty pickup, made at the Ford Motor Co. Kentucky Truck Plant in nearby Louisville.

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Ad firms padded profits at client expense, report expected to sayAuto News

Ad agencies and their media-buying firms have systematically enriched themselves at the expense of their U.S.

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Apple hires architect of BMW and Mercedes satellite navigation systemsAuto News

Apple has hired Sinisa Durekovic, a software engineer who led the development of satellite navigation systems used by luxury carmakers including BMW, Mercedes-Benz and Audi.

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GM Rolls Out Spiffs After Rough May (6/2/16)

GM launches spiff offensive after sales plunge; Mercedes ahead in U.S. luxury race; Takata suitor?;...
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Leasing, average auto loan amounts at record levels, Experian saysAuto News

Automotive leasing levels, average loan amount and average monthly payments each reached highs in the first quarter, Experian said in its latest State of the Automotive Finance Market report, released today.

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Auto lending market 'a little stressed,' JPMorgan Chase CEO Dimon saysAuto News

JPMorgan Chase CEO Jamie Dimon said the market for U.S. automobile lending is 'a little stressed' and that he foresees higher losses ahead for some competitors.

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GM boosts Chevy incentives after May joltAuto News

General Motors, which has seen its U.S. market share fall faster than any other automaker through the first five months of the year, is hitting back with multiple June promotions and marketing plays for Chevrolet. Chevy U.S.

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ZF weighs more deals, asset sales following TRW acquisitionAuto News

ZF Friedrichshafen is considering more acquisitions as well as selling assets after catapulting into the ranks of the world's biggest car-parts manufacturers via last year's $12.9 billion takeover of TRW Automotive.

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China's Ningbo Joyson considers bid for Takata following Key Safety acquisitionAuto News

China's Ningbo Joyson Electronic Corp. is interested in acquiring embattled Japanese airbag supplier Takata.

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France's Valeo to acquire German clutch maker FTE Automotive for $914 millionAuto News

French car parts supplier Valeo said today it would buy German clutch manufacturer FTE Automotive for 819.3 million euros ($914 million).

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