Honda, Toyota and Nissan already have announced plans to stop using Takata inflators in future vehicles.» Read More
AMSTERDAM, July 21- Dutch navigation firm TomTom, which aims to reinvent itself as a supplier of high-definition maps for self-driving cars, posted quarterly results that hammered home how far it has travel to compete with major rival Nokia HERE. With Nokia expected to sell HERE to a consortium of German carmakers, industry experts see TomTom as an alternative...
LONDON, July 15- European private equity firm Apax has hired JP Morgan and UBS to explore a stock market listing or sale of its Italian auto-parts distributor Rhiag, six sources familiar with the matter said on Wednesday. But Apax, which bought the company in October 2013, wants to take advantage of high industry valuations and growing investors' appetite for...
Maria-Elisabeth Schaeffler was moved to tears when 8,000 Schaeffler employees gathered near the family-controlled company's headquarters in 2009 to demand the German government help avert the ballbearing maker's collapse. The previous year, the matriarch and her son Georg had launched Schaeffler's audacious debt-financed takeover of Continental,...
The death toll from defective switches in General Motors' vehicles is raised to 121.
Takata is facing an increasing risk of a cash crunch as the cost of its global airbag recall spirals ever-upwards, analysts warn.
Brian Johnson, Senior Auto Analyst at Barclays shares the trends in car connectivity and the players set to benefit.
Nearly three years after taking a substantial stake in the auto supplier, Marcato Capital Management is agitating for a breakup.
Nevada's unemployment rate will "drop considerably" should Tesla build a plant near Carson City, says Mayor Bob Crowell.
China's recent anti-monopoly law enforcement may be less about targeting foreign companies than combating another potential threat: income inequality.
Emerging market currencies are likely to remain weak for the long term, and that's spurring a strategy shift, General Motors said.
Alcoa announced it plans to acquire jet engine component maker Firth Rixson from Oak Hill Capital Partners for $2.85 billion in cash and stock.
Aluminum makers have been shifting from mining, refining and smelting and focusing on fabricated products. Here's why.
Meggan Bailey of CNBC's "The Car Chasers" says bad paperwork is one of many mistakes people can make after purchasing a car.
From detailing it clean, to taking great photographs, Meggan Bailey, star of CNBC Prime's "The Car Chasers," tells you how to properly market your car.
It's one of the oldest tricks – selling a customer something that simply does not exist. Jeff and the Roundman offer their advice to help you avoid auto scams.
Navigating an auto auction can be tricky. Jeff Allen and his father, Tom Souter, reveal the secrets to getting the best price.
General Motors will recall 293,000 Chevrolet Cruze cars in the United States due to a defect that can cause loss of the brake assist function.
Nissan Motor takes the veil off the first car in its resurrected Datsun brand in New Delhi on Monday, part of a foray by the Japanese auto maker into cheap cars for emerging markets.
Checking a vehicle's brake pads and rotors might sound difficult, but according to Flat 12 Gallery's technician, Eric Ables, one of the stars of CNBC Prime's "The Car Chasers," it's pretty simple.
A new AAA report shows the average cost of driving 15,000 miles a year rose to $9,122 per year in 2012, a roughly two percent increase. The biggest increases were in maintenance costs and insurance costs.