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Automobiles and Components Auto Components

  • FRANKFURT, May 26- German prosecutors investigating whether carmaker Daimler manipulated emission tests on its diesel cars are looking at whether auto components supplier Bosch was involved in the alleged fraud, it was confirmed on Friday. "There is an investigation into aiding and abetting fraud," a spokesman for the Stuttgart prosecutor said following a...

  • Hard to see where differences between Fiat and VW lie

    Anna-Marie Baisden, head of autos research at BMI Research, speaks about the U.S. government's suing of Fiat Chrysler over violating emissions tests.

  • Proton Holdings Saga vehicles move along the assembly line at the company's factory in Shah Alam, Selangor, Malaysia.

    Chinese automaker Geely will be taking a 49.9 percent stake in Malaysia's iconic, home-grown, but long-struggling carmaker Proton.

  • Auto parts drag on retail sector

    CNBC's Phil LeBeau takes a look at the disappointing earnings from Autozone and other worries for auto parts retailers.

  • 19-year-old Max Verstappen breaks Zandvoort lap record in a demo run

    Max Verstappen, one of the rising stars in racing, just unofficially broke the record for fastest lap at Netherlands' Circuit Park Zandvoort race track.

  • Tesla workers are passing out on the factory floor, according to a report

    Workers at Tesla in California are working so hard, they have been reportedly passing out on the factory floors.

  • An auto worker assembles parts that will be welded by a robot for the Dodge Dart rear wheel house at Fiat Chrysler Automobiles NV's Warren Stamping Plant in Warren, Michigan.

    This could happen as early as this week if no agreement is reached with the Italian-American automaker, two sources said.

  • BERLIN— German police say 13 people have been injured in an explosion in a factory in Bavaria. Police said four of those injured in the Monday morning explosion at the Schaeffler factory in the town of Eltmann suffered from serious wounds and were flown by helicopter to a hospital. Schaeffler is a global automotive and industrial parts supplier and the plant in...

  • TOKYO, May 10- Japan's Takata Corp on Wednesday reported a full-year net loss of 79.6 billion yen- its third consecutive annual loss- as the embattled auto parts maker faces bankruptcy over costs related to the recall of its potentially deadly air bag inflators. Even as it faces the auto industry's biggest-ever recall, Takata forecast a net profit of 5 billion yen...

  • TOKYO, May 10- Japan's Takata Corp on Wednesday reported a full-year net loss of 79.6 billion yen- its third consecutive annual loss- as the embattled auto parts maker faces bankruptcy over costs related to the recall of its potentially deadly air bag inflators. Even as it faces the auto industry's biggest-ever recall, Takata forecast a net profit of 5 billion yen...

  • SEOUL, May 2- Samsung Electronics Co Ltd has got permission from South Korean authorities to domestically test a driverless vehicle fitted with its electronic parts and software, as the tech giant aims to muscle into the automotive industry in search of a new growth driver. The land ministry, in a statement issued on Monday, said the car is a modified version of a...

  • TOKYO, April 27- Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industry's biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilities. The Nikkei business daily reported Chinese-owned car parts maker Key Safety Systems, the...

  • TOKYO, April 27- Trading in Takata Corp shares was suspended on Thursday after a report that the Japanese airbag maker at the heart of the car industry's biggest-ever recall is considering a bankruptcy plan that will create a new company and ringfence its liabilities. The Nikkei business daily reported Chinese-owned car parts maker Key Safety Systems, the...

  • TOKYO, April 27- Trading in shares of Japan's Takata Corp was suspended on Thursday after a newspaper report that the embattled auto parts maker was considering filing for bankruptcy protection, selling all operations to a newly created company. The Nikkei business daily said the plan would call for U.S.-based Key Safety Systems, a unit of China's Ningbo...

  • *To invest 300 mln euros more in electric drives by 2021. BERLIN/ FRANKFURT, April 25- Car components maker Continental AG is set to invest an extra 300 million euros in electric drives by 2021 but also remains committed to its combustion-based powertrain business, the company said on Tuesday. By raising spending on development of new products such as charging...

  • The new Mercedes S class S680 at an event ahead of the 17th Shanghai International Automobile Industry Exhibition in Shanghai on April 18, 2017.

    China's government wants more electric vehicles on the roads but consumers remain hungry for SUVs, forcing automakers to get innovative with their offerings.

  • April 18- Baidu Inc said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020.. Two months after the appointment, Baidu's chief scientist Andrew Ng, who led AI and augmented reality projects, said he would step...

  • MEXICO CITY, April 12- The election of Donald Trump as U.S. president last year raised the specter of economic recession in Mexico, sent the country's peso into a tailspin, and threatened local industry such as car making. Fears that Trump could tear up the NAFTA trade treaty have subsided, and so far the hit to foreign investment has been slight, said Gilberto...

  • Delphi headquarters

    Deutsche Bank predicts 95 percent to 96 percent of cars in 2025 will still use internal combustion engines.

  • MADRID, March 13- Spanish car parts maker Gestamp is planning an initial public offering valuing it at about 3.7 billion euros in what would be one of the biggest European stock market listings so far this year. The planned initial public offering is the third Spanish stock market listing announced this year after Prosegur said it would float its...