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  • LONDON, April 15- European shares fell on Friday, with French car parts maker Faurecia leading automakers down, although a key regional index stayed on track for its best week since mid-February. The STOXX Europe 600 Automobiles and Parts index fell 1.4 percent, the top sectoral decliner, as Faurecia shares fell nearly 5 percent after the company said that its...

  • LONDON, April 15- European shares edged lower on Friday, with French car parts maker Faurecia leading automakers down, although the pan-European index stayed on track for its best weekly performance since mid-February. The STOXX Europe 600 Automobiles and Parts index fell 1.1 percent, the top sectoral decliner, as Faurecia shares fell nearly 5 percent after...

  • A file photo of a deployed airbag.

    An exploding Takata air bag has claimed another life, this time a 17-year-old girl whose car crashed near Houston.

  • Ford to invest $1.6B in new Mexico plan

    CNBC's Phil LeBeau reports Ford Motor Co. announcing that it is building a new small car plan in Mexico.

  • The FBI and U.S. National Highway Traffic Safety Administration warned that motor vehicles are "increasingly vulnerable" to hacking.

  • WASHINGTON, March 17- The FBI and U.S. National Highway Traffic Safety Administration issued a bulletin Thursday warning that motor vehicles are "increasingly vulnerable" to hacking. "The FBI and NHTSA are warning the general public and manufacturers- of vehicles, vehicle components, and aftermarket devices- to maintain awareness of potential issues and...

  • Maserati recalling 28k cars

    The luxury car maker is recalling vehicles to replace driver-side floor mats due to a safety concern.

  • *Price gap of $3,400 between two industrial metals. LONDON/ TOKYO/ JUBAIL, March 15- Manufacturers are abandoning copper for its lighter and cheaper rival aluminum after a decade of technological innovation that is saving some companies hundreds of millions of dollars. "We started more than a year ago and we plan to continue," SEC's Chief Executive Ziyad Alshiha...

  • Snapchat raises $175m in funding

    Drivers report brake problems on certain models of the Ford F-150 pick up trucks.

  • GENEVA, Feb 29- Toyota Motor Corp and Germany's BMW are still keen to develop a common sportscar architecture but have yet to decide on a timeline for the project, a senior executive at the Japanese carmaker said on Monday. Speaking ahead of the Geneva auto show, Toyota executive vice president Didier Leroy said all three projects were going very well and there was...

  • "Clearly we're in the sweet spot with respect to trucks and SUVs and crossover vehicles right now and it's showing in our schedules and will show in our sales going forward," said American Axle Chief Executive David Dauch, in a conference call with industry analysts. By Friday afternoon, American Axle shares were up 22.7 percent at $14.42, after hitting $14.48...

  • Continental Automotive Systems recalls 5M cars for faulty airbags

    The unit of Germany-based Continental is recalling 5 million vehicles to replace air bag control units.

  • Nissan recalls 846k Altimas

    The automaker is recalling thousands of Altima midsize cars to fix a latch problem.

  • STUTTGART, Jan 27- German auto supplier Robert Bosch said it had launched an internal probe to investigate whether any of its staff were involved in a scandal over the rigging of automotive emissions tests that has engulfed Volkswagen. Stuttgart- based Bosch, which released preliminary full-year earnings on Wednesday, makes an engine management programme...

  • BRUSSELS, Jan 27- European Union regulators fined Japan's Mitsubishi Electric and Hitachi Ltd 137.8 million euros on Wednesday for fixing prices of car parts. The European Commission said the cartel for alternators and starters operated between September 2004 and February 2010, when Mitsubishi Electric, Hitachi and Denso coordinated responses to tenders...

  • *TrelleborgVibracoustic seen valued at about 2 bln euros. FRANKFURT, Jan 26- Swedish industrial rubber maker Trelleborg is in talks to sell its roughly 1 billion euro stake in TrelleborgVibracoustic to buyout group KKR as a possible alternative to a stock market listing for the car parts business, according to two sources. Trelleborg and German partner...

  • BRUSSELS, Jan 25- European Union antitrust regulators are set to punish Japanese auto parts makers for allegedly fixing prices of starter motors and accelerator modules, two people familiar with the matter said on Monday. The European Commission action will mark the first of several automobile-related cases scheduled for 2016 and is the latest in a series of...

  • *Daimler to sell Mercedes-Benz, FUSO trucks in Iran. The areas of cooperation include a joint venture for local production of Mercedes-Benz trucks and powertrain components, plus the establishment of a sales company for Mercedes-Benz trucks and components. In addition to the plans for Mercedes-Benz trucks, Daimler Trucks also sees great opportunities for...

  • Tesla Model X

    Jia Yueting is betting Las Vegas will give him the winning hand in the electric car market. In fact, he's gambling $1 billion on it.

  • DETROIT, Dec 8- Union workers at Nexteer Automotive Group Ltd's plant in Saginaw, Michigan, reached a tentative agreement on a new contract late on Tuesday and will return to work after a nearly day-long strike, officials from the United Auto Workers said. Nexteer, controlled by a unit of Aviation Industry Corp of China, was formerly part of GM and remains a major...