Daily automotive news - from just-auto.com
Updated: 2 hours 46 min ago
Gentex has posted net income for the third quarter of 2014 up 30% to US$72m, compared with net income of US$56m in the third quarter of 2013.3.
Ford Motor Company on Friday (24 October) reported 2014 third quarter pre-tax profit down $1.4bn year on year to $1.2bn though it was nonetheless the automaker's 21st consecutive profitable quarter.
Making use of its new 9,600 units a year quota limit for additional IPI excise tax exemption, Honda is, for the first time, importing the Civic Si 2-door coupe version - from Canada.
US aluminium company Novelis is ramping up production at its new automotive aluminium sheet plant in Changzhou, in China's Jiangsu province, to meet growing demand from the country's automakers.
In the latest development in the Takata airbag saga, Nissan Motor said it is recalling 260,000 vehicles globally due to a defect in driver-side air bags made by the supplier.
Former Ford PR chief Jason Vines, a key lieutenant of CEO Jacques Nasser at the time, says the company bugged his telephone during the company's 2001 Firestone tyre crisis.
Production of the redesigned Mazda 2 (Demio in Japan) has started at the automaker's new plant in Mexico.
Mazda UK plans on completing installations of the brand's new visual identity at 80% of its 136 outlets by next March.
FCA has added a new model for the Mexican market's 2015 model year: the RAM 700. This small pick-up is a rebadged Fiat Strada Adventure and is imported from Brazil.
Dana has reported third quarter net income up 32% to US$90m, compared to US$68m in the same period last year.
Federal-Mogul has posted a third quarter loss of US$18m based on net sales of US$1.87bn, up 11% on a continuing operations basis.
Valeo has unveiled third quarter sales up 10% to EUR3.07bn (US$3.9bn), with original equipment sales advancing 13%.
General Motors has announced third quarter net income took a US$300m hit from "special items" but net profit for the recall-troubled quarter was still $1.4bn, or $0.81 a share - double the result for Q3 2013.
Dupont says it will 'fight every step of the way' against European Commission (EC) moves that say it may have breached European Union (EU) anti-trust rules along with fellow-chemical producer, Honeywell
Mercedes-Benz plans to assemble its next generation Sprinter commercial van in North America.
Daimler said it booked strong growth in earnings and record unit sales and revenue in the third quarter of 2014. The group boosted Q3 unit sales 7% year on year to 637,400 cars and commercial vehicles worldwide as Mercedes-Benz Cars set a quarterly record.
A leading Swedish economist says he does not believe simmering tensions surrounding Russia's influence in Eastern Ukraine will escalate into anything more serious.
Honda Motor is recalling its redesigned Fit [Jazz] hybrid for the fifth time in less than a year in Japan, issuing a recall of 425,825 cars on Thursday (23 October) due to two defects.
The fourth generation Vauxhall Corsa will undercut the entry level Ford Fiesta, Britain's long-time best selling car, by GBP1,000 when it goes on sale at year-end.
Takata Corporation, the Japanese maker of air bags at the centre of an auto industry-wide safety crisis, has recovered from its biggest-ever drop in Tokyo share trading after saying additional charges related to recalls would be small.