Jefferies predicts Mobileye's sales to automotive companies will grow 46 percent per year through 2020.
Judicial investigation launched into Renault over emissions, a source told Reuters, causing the carmaker's shares to fall sharply.
Anna-Marie Baisden, auto analyst at BMI, adds that VW's new product launches look "quite positive," with investors bullish.
Japan's Takata could settle criminal charges with the U.S. Department of Justice before the Obama administration leaves office.
STUTTGART, Dec 7- German auto supplier ZF has launched the sale of its Body Control Systems division, Chief Executive Stefan Sommer said, seeking to shed assets it no longer deems essential after its takeover of rival TRW. "We are at a very early stage," Sommer told journalists at the Stuttgart Economic Press Club in remarks embargoed for Wednesday.
PARIS, Nov 18- French car parts maker Plastic Omnium has received a binding offer from German group Mutares for its heavy duty truck business, the companies said on Friday. The business, which entails designing and manufacturing the body and structural parts for the heavy duty truck industry, employs more than 1,500 people and had 2015 sales of 190 million euros.
Nov 3- U.S. auto-parts maker American Axle& Manufacturing Holdings Inc agreed to buy Metaldyne Performance Group Inc for about $1.6 billion in a cash-and-stock deal, a move that would help lower its dependence on General Motors Co.. Shares of Detroit- based American Axle, which was spun off from GM in 1994, were down 15.6 percent at $14.01, while Southfield,...
Nov 3- U.S. auto-parts maker American Axle& Manufacturing Holdings Inc said it would buy Metaldyne Performance Group Inc for about $1.6 billion in a cash-and-stock deal to bolster its powertrain and drivetrain product lines. The deal will also additionally include the assumption of $1.7 billion of Metaldyne's debt. Shareholders of Metaldyne, which makes...
*Volvo to make stretched S90 sedans in China. SHANGHAI, Nov 2- Swedish car maker Volvo announced on Wednesday moves deepening cooperation with its Chinese parent Zhejiang Geely Holding Group Co- a tie-up that's shaping up to show that China can make a success of buying consumer brands. Volvo's global chief executive Hakan Samuelsson and Geely Chairman Li Shufu...
FRANKFURT/ LONDON, Nov 1- Loss-making Indian car parts maker Amtek Auto is expected to shortlist bidders for its German division Tekfor as soon as next week, people close to the matter said, a year after starting what has been a lengthy sale process. People familiar with the industry said they see Spain's CIE- part-owned by India's Mahindra Group- and Canada's...
The CEO of Volkswagen Brands has sought to reassure consumers and investors about a potential fine from the U.S. Department of Justice.
Money managers always keep an eye on unloved companies as winning bets, and Catherine Wood of ARK Invest and Christopher Retzler of Needham Fund are no exception. Senior Personal Finance Correspondent Sharon Epperson interviews.
Wolfgang Schafer, CFO of Continental, talks about the autos-component maker's latest earnings results and explains why he is cautious about the U.S.
Google's self-driving car can recognize, understand and remember cyclists hand signals, Recode reports.
Takata CEO Shigehisa Takada said on Tuesday he would resign after a "new regime" is found for the auto parts supplier.
CNBC's Phil LeBeau reports on the impact of the Brexit referendum on the auto sector.
The automaker says the front passenger side air bag inflators made by Takata could deploy with too much force in a crash.
AutoTech Ventures' Quin Garcia talks about the potential of investing in transport-related software, services and electronics.
German car manufacturers will recall 630,000 Porsche, Volkswagen Opel, Audi and Mercedes vehicles to fix emissions management software.
Trader Sarat Sethi of Douglas C. Lane & Associates gives his thoughts on Delphi Automotive after their investor meeting in London, and Jim Lebenthal discusses his position in the auto sector.