Automaker News

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.

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.

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)

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

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.

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

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

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

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.

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.

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.

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

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.

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.

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.

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

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

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.

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.