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Automobiles and Components Auto Components


  • Takata shares tank; carmakers may ditch its inflators Thursday, 5 Nov 2015 | 9:32 PM ET
    An employee sews an airbag at Takata's crash-testing facility in Auburn Hills, Michigan, August 19, 2010.

    Shares of scandal-hit Japanese auto parts maker Takata extended double-digit falls into a third day, plunging as much as 15 percent in early trade.

  • TOKYO, Nov 5- Toyota Motor Corp cut its full-year revenue forecast on Thursday as the Japanese company expects weaker vehicle sales in emerging Asian countries, where demand for cars has been hit by slowing growth. Slowing sales may knock Toyota from its perch as the world's biggest selling automaker, a title it has held for the past few months after unseating...

  • Mercedes recalls 126k cars for faulty air bags Wednesday, 4 Nov 2015 | 10:00 AM ET
    Mercedes recalls 126k cars for faulty air bags

    Mercedes-Benz is issuing a recall for 126,000 cars for air bags that can inflate without a crash.

  • Volkswagen dealership

    The VW investigation is also looking into managers who knew of the deception and failed to take appropriate measures, the NYT reports.

  • Oct 16- Honeywell International Inc, a maker of industrial, aerospace and auto components, reported lower-than-expected quarterly revenue, hurt by weak demand from oil and gas customers. Sales in Honeywell's performance materials and technologies business, which caters to industries including oil and gas and chemicals, fell 13 percent in the third quarter.

  • Trader beating S&P: Buy this auto parts stock Friday, 9 Oct 2015 | 3:20 PM ET
    Lear headquarters in Southfield, Mich.

    Stephanie Link, whose "Halftime Report" model portfolio is up 7 percent this year, believes shares of Lear are poised to rise from here.

  • DETROIT/ WASHINGTON, Oct 7- A popular diesel engine management program used by several top automakers, including Volkswagen AG, was not preprogrammed to detect when a vehicle was undergoing laboratory emissions testing, according to the U.S. Environmental Protection Agency and a former EPA official. Daimler AG's Mercedes-Benz, which uses the same engine...

  • VW woes send resale prices into a hard skid Wednesday, 7 Oct 2015 | 3:28 PM ET
    Pre-owned Volkswagen vehicles on sale at a dealership in Fair Lawn, New Jersey, on Sept. 29, 2015.

    Despite the decrease in value of used cars, Volkswagen revealed Thursday that its U.S. sales rose 0.6 percent in September.

  • VW to hold key board meeting Wednesday: Sources Sunday, 4 Oct 2015 | 9:38 PM ET

    VW's board will meet on Wednesday to appoint finance chief Hans Dieter Poetsch head of the company's 20-member controlling panel.

  • Volkswagen's US boss faces grilling by lawmakers Thursday, 1 Oct 2015 | 8:47 PM ET

    Volkwagen's U.S. chief will testify on October 8 before a U.S. congressional oversight panel about the German automaker's emissions cheating scandal.

  • A bustling resale market around...Volkswagens?? Thursday, 1 Oct 2015 | 11:55 AM ET
    Pre-owned Volkswagen vehicles on sale at a dealership in Fair Lawn, New Jersey, on Sept. 29, 2015.

    Online used car marketplaces are seeing a significant upswing in activity surrounding used Volkswagen diesel vehicles.

  • Volkswagen could recall 120,000 vehicles in Korea Thursday, 1 Oct 2015 | 12:21 AM ET

    South Korea said Volkswagen's local unit informed the government it could recall about 120,000 vehicles in the country.

  • Late actor Paul Walker's daughter sues Porsche Tuesday, 29 Sep 2015 | 1:04 AM ET
    A general view of atmosphere as fans pay tribute to actor Paul Walker at the site of his fatal car accident on December 1, 2013 in Valencia, California.

    The daughter of Paul Walker, who died in a car crash involving a Porsche sports car, filed a wrongful death lawsuit against the car company.

  • Didi Kuaidi- Ola deal heats up taxi app market Monday, 28 Sep 2015 | 2:08 AM ET

    Chinese taxi-hailing app Didi Kuaidi said it has invested in India's largest ride-hailing app, Ola, according to Reuters.

  • VW was warned of emissions test cheating years ago Sunday, 27 Sep 2015 | 8:40 PM ET
    Volkswagen dealership

    Volkswagen's own staff and one of its suppliers warned about emissions test cheating years ago, according to German newspapers.

  • Lemons in portfolio? Trading Volkswagen scandal Wednesday, 23 Sep 2015 | 2:29 PM ET
    The world headquarters building of Delphi Automotive in Troy, Michigan.

    Are there U.S. stocks exposed to the Volkswagen emissions scandal?

  • *U.S. agency EPA says to widen probe to other carmakers. Germany, alarmed at the potential damage the scandal could inflict on its world-beating car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The EPA and California officials said on Monday they would test the use...

  • FRANKFURT, Sept 11- The rise of electric and Internet-connected cars is helping German auto supplier Bosch to win new customers as it branches into areas such as software and services, a board member told Reuters. Leasing companies, car parks and technology companies are among the markets opening up to the business, Rolf Bulander said in an interview on the eve of...

  • Some bad air for automakers Thursday, 27 Aug 2015 | 6:00 AM ET
    Some bad air for automakers

    Ten automakers sued over carbon monoxide from keyless ignitions.

  • Goodyear profits losing air Wednesday, 29 Jul 2015 | 10:00 AM ET
    Goodyear profits losing air

    Goodyear Tire & Rubber reports 10% drop in its second quarter profit.