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Automaker News

Automakers news continually updated from thousands of sources around the net.

3 hrs ago | Tri-cityherald.com

GM boosted June sales with discounts to dealers

In this May 13, 2014 file photo, an auto worker inspects finished SUVs coming off the assembly line at the General Motors auto plant in Arlington, Texas.

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Related Topix: General Motors, Arlington, TX, Auto Dealers, Retail, Autonation

Thu Jul 31, 2014

West Australian

Fiat investors vote on Chrysler merger to ease access to cash, U.S. investors

Fiat shareholders are expected to approve the Italian carmaker's merger with its U.S. unit Chrysler on Friday, a union aimed at boosting the world's seventh-largest auto group's appeal with foreign investors and paving the way for a U.S. share listing.

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Related Topix: Fiat Spa

Automotive News

Supplier exec pleads guilty to fixing Toyota parts prices

An executive from G.S. Electech Inc., a supplier to Toyota Motor Corp., pleaded guilty today to playing a role in an international conspiracy to rig bids and fix prices on auto parts, the U.S. Shingo Okuda, the former engineering and sales division manager for Japanese auto parts manufacturer G.S. Electech, took a plea deal, agreeing to cooperate ... (more)

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Related Topix: Toyota Motor, World News, Japan, Prison

Reuters

UPDATE 1-BorgWarner forecasts 2014 earnings below expectations

Auto-parts maker BorgWarner Inc's full-year profit forecasts fell short of analyst expectations, sending its shares down 4 percent in early trading.

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Related Topix: Borgwagner, Manufacturing, Auburn Hills, MI

The Age

Lending outstrips deposits again

Australian banks have relied on wholesale finance to bridge a funding gap for the fourth month in a row, as an expansion in lending continues to outstrip deposit growth.

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Related Topix: Brilliance China Automotive Holdings, Banking, Financial Services, Commonwealth Bank of Australia, Home, Mortgage, Personal Finance

Bellingham Herald

Volkswagen 2nd quarter profit up but revenue slips

Volkswagen AG said its profit in the April-June period was 3.25 billion euros , up from 2.85 billion a year earlier.

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Related Topix: Volkswagen AG

Wed Jul 30, 2014

Business Journal

Startup Milwaukee panel breaks down 'Internet of things'

The digital thermostat from Nest Labs Inc. is one example of the "Internet of things" in action.

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Related Topix: Milwaukee, WI, Manufacturing, Johnson Controls, Textiles

Manufacturing.net

Superior Industries To Shutter Rogers Plant

A company that makes aluminum wheels for cars and other vehicles says it will shut down its manufacturing plant in Rogers, eliminating 500 jobs.

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Related Topix: Superior Industries International, Manufacturing

WTSP-TV Saint Petersburg

New lawsuit alleges more GM switch deathsNew lawsuit alleges more GM...

The lawsuit filed Tuesday in U.S. District Court in Manhattan in NYC names 29 people who were killed in crashes and 629 who were hurt.

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Related Topix: General Motors, Corpus Christi, TX

Ledger-Enquirer.com

Fiat 2Q profits drop by 55 percent

Fiat, whose shareholders vote Friday on the merger with Chrysler, said net profit was 197 million euros , compared with 435 million euros in the same period last year.

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Related Topix: Fiat Spa, Fiat SpA

Garden City Observer

Concours winners share their - and their cars' - stories

From a rare made-in-America 1925 Rolls-Royce to the Mercury convertible that started life in the 1964 World's Fair, each of the more than 250 vehicles on display at Sunday's Concours d'Elegance of America at the Inn at St. John's had a story behind it.

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Related Topix: Rolls-Royce, Rolls-Royce Ghost, Sedan, Ford Motor, us Travel, Travel, Springfield, MA

Carlsbad Current-Argus

Europe shares down ahead of data; Asia gains

European stocks were lower Wednesday ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co.

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Related Topix: Financial Markets, Honda Motor Co

Tue Jul 29, 2014

The Indian Express

Volkswagen closes in on Toyota as global auto leader

Volkswagen is closing in on Toyota Motor Corp as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality.

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Related Topix: Toyota Motor

KHOU-TV Houston

Toyota remains at top in sales after first half

Toyota remains No. 1 in global vehicles sales after the first six months of this year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal.

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Related Topix: Toyota Motor, General Motors

The News Tribune

Ally posts 2Q profit on higher auto loan demand

The Detroit-based company was the former finance arm of automaker General Motors, but now it operates as an auto finance company and bank after being bailed out by the government.

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Related Topix: General Motors, Home, Mortgage, Personal Finance

WTAQ-AM Green Bay

Oshkosh Corporation reports 29% drop in quarterly ...

The company said Tuesday its quarterly sales dropped 46 percent from a year ago for its military vehicles.

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Related Topix: Oshkosh Truck

NewsOK.com

Suzuki recalls nearly 26,000 cars for fire risk

You now have an easier online to way to manage your Home Delivery subscription for The Oklahoman.

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Related Topix: Oklahoma, General Motors

Carlsbad Current-Argus

Honda's quarterly profit up on Asian sales growth

Honda's quarterly profit surged nearly 20 percent on demand for remodeled cars in Japan and elsewhere in Asia.

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Related Topix: Honda Motorcycle, Motorcycles, Honda Motor Co, Collinsville, IL

Myrtle Beach Online

Asia stocks widen gains ahead of US, China data

KEEPING SCORE: Japan's Nikkei 225 added 0.6 percent to 15,618.07. South Korea's Kospi posted its highest close since August 2011, rising 0.6 percent to 2,061.97.

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Related Topix: Financial Markets, Honda Motor Co, Housing, Business News

SFGate

Harley rider killed in Santa Rosa collision

At 9:43 a.m., the rider was heading north on Stony Point Road when the driver of a Jeep Cherokee moving in the opposite direction make a left turn on Lazzini Avenue in front of the rider, police said.

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Related Topix: Harley Davidson, Santa Rosa, CA

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