Dana’s second-quarter net income increased 67 percent to $75 million, helped by higher demand for light-vehicle and off-highway products, improved operations and a major acquisition.
Lidar-equipped vehicles are available in showrooms, but forget about those Google-style, coffee-can-size lidars on the roofs.
Former GM purchasing chief Bo Andersson has returned to the auto industry to lead European operations for Japanese auto supplier Yazaki.
EU antitrust authorities opened an investigation into Knorr-Bremse’s bid for Haldex, saying the deal would remove a major competitor from a market with few players.
An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata airbags, after police said he was killed when hit in the neck by shrapnel from an airbag.
Alberto Bombassei, the man behind those bright red and yellow Brembo brake calipers, joined three other legends into the Automotive Hall of Fame.
Haldex cautioned on profits after reporting a fall in second-quarter earnings and said uncertainty created by a takeover sought by rival Knorr-Bremse was hurting business
BorgWarner agreed to acquire British supplier Sevcon for an estimated $200 million in a deal that adds more electric vehicle technology to the supplier’s vehicle-propulsion engineering and product portfolio.
Kelley Blue Book, in its new ad campaign, is trying to tell customers that it can do more than give them the fair market value for their vehicle.
Mazda is recalling 19,000 cars in South Africa due to airbag safety concerns as the Japanese carmaker extends a global recall.