Daily automotive news - from just-auto.com
Updated: 25 min 1 sec ago
Cadillac will add wireless charging of smartphones in the 2015 model ATS sport sedan and coupe launching this autumn. Compatible with Powermat and other in-phone wireless charging technologies, the feature eliminates the need for cords on board.
General Motors Korea has reached a tentative pay deal with its labour union, reportedly averting a potential strike.
In another sign of a pick-up in supplier activity, family-owned Hella Hueck is reported to be planning an initial public offering later this year.
Nissan has added another 226,326 vehicles to an airbag recall in the US, taking the total to 664,628.
With an aim to penetrate the South American market, Tata Motors reportedly plans to build a passenger car assembly plant in Venezuela.
Following several complaints of defects, the National Highway Traffic Safety Administration (NHTSA) is probing Dodge Chargers, Hyundai Sonatas and Isuzu trucks.
A new automated manual option for one of its models has proved a hit for Maruti Suzuki.
General Motors plans to expand and spend US$37.5m at its Lansing Delta Township (LDT) plant.
Jaguar Land Rover has purchased the largest privately owned collection of British cars.
Nissan Motor boosted operating profit 13.4% to JPY122.6bn for the first quarter of the 2014/15 fiscal year, a 5% margin on net revenues that climbed 10.4% to JPY2.47 trillion for the period.
Maruti's Gurgaon labour union has taken up the cause of for workers arrested two years ago during unrest at the company's Manesar plant which resulted in the death of a senior manager.
Kongsberg Automotive's Driveline business area has won what it described as "a significant supply agreement from a major North American OEM to supply automatic transmission shift cables".
South Korea's Hyundai Mobis plans to spend EUR95m on a new car lighting factory in Ostrava in the Czech Republic.
Valeo's sales for the first half of 2014 were up 7% to EUR6.35bn (US$8.54bn) compared with EUR5.94bn in the first half of 2013. EBITDA for the period was up 11% to EUR740m compared with EUR666m. The net income rose 38% to EUR262m from EUR190m.
Dana's net sales for the second quarter ended 30 June 2014 were down 5% to US$1.71bn compared with $1.80bn in the same period of 2013. Income from continuing operations before income taxes were down 7.75% to $119m compared with $129m. Net income of the firm was down 6.3% to $90m compared with $96m in the year ago period.
3M's net sales for the second quarter ended 30 June 2014 were up 4.93% to US$8.13bn compared with $7.75bn in the second quarter of 2013. Its operating income for the period was up 9.05% to $1.86bn from $1.70bn in the corresponding period in 2013.
Fiat Chrysler and PSA Peugeot Citroen have denied a Financial Times report, which stated that the companies are planning to merge, Reuters said.
The Gujarat government in India has accepted that it gave Tata Motors a soft loan worth INR4.19bn (US$69.9m), The Economic Times said.
Ford India has opened a parts distribution centre in Kolkata, reported The Times of India.
More than 15 vendors of Ford have moved to Sanand in Gujarat, investing around INR5bn (US$83m) and occupying over 130 acres of land in the Ford Vendor Park within Sanand GIDC estate, reports The Financial Express.