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Auto Components Auto Parts and Equipment

  • *STOXX 600 down 1 percent. LONDON, July 21- European shares sank on Friday as the euro strengthened company earnings disappointed at the end of a turbulent week. "While earnings seasons over the past year have typically started strong before turning worse, the current season is off to a decidedly weak start", Deutsche Bank's equity strategist Wolf von Rotberg, said.

  • LONDON, July 21- European shares were flat on Friday, with corporate earnings not doing enough to lift the sombre mood of the previous session when a stronger euro weighed heavily on exporters. The hangover from Thursday's European Central Bank's policy meeting, which pushed the euro close to a two-year high, saw the pan-European STOXX 600 at a standstill.

  • PARIS, July 21- Valeo shares tumbled on Friday after the French auto parts maker reported first-half sales and earnings that fell short of market expectations, despite a strong order book. Yet despite an orders "blowout", those numbers revealed "disappointing yet explainable lower organic growth and low free cash flow", said Evercore ISI analyst Chris McNally.

  • LONDON, July 21- European shares edged down on Friday as a fresh flow of corporate earnings failed to change the mood of the previous session, dragged down by the European Central Bank's policy meeting, which pushed the euro close to a two-year high. Deal-making also triggered some large gains, with payments firm Paysafe surging 8.6 percent after receiving a bid...

  • Autobrain can turn your car into a 'smart car' as easy as plug and play

    CNBC's Phil LeBeau reports on a new product that offers vehicle connectivity while collecting data about drivers.

  • PARIS, July 19- PSA Group said on Wednesday it had reached agreement with the French government over the carmaker's contribution to a rescue plan for struggling supplier GM&S, defusing their public stand-off ahead of a key bankruptcy hearing. The government also confirmed it had dropped its demands that the maker of Peugeot, Citroen and DS cars contribute a 5...

  • *Takata has yet to prove its new air bag inflators are safe. TOKYO, July 19- Takata Corp's bankruptcy filing last month was meant to draw a line under the auto industry's biggest safety recall, but last week's announcement of more air bag inflator recalls suggests automakers could face fresh liabilities in the future. "Absent proof that the other desiccated...

  • Tesla Model S vehicles

    The driver of a Tesla vehicle involved in a crash in Minnesota on Saturday has denied that its Autopilot system caused the incident.

  • DOVER, Del.— Japanese auto parts supplier Takata is asking a Delaware bankruptcy judge for an injunction prohibiting the governments of Hawaii, New Mexico and the U.S. Virgin Islands from prosecuting lawsuits involving the company's lethally defective air bag inflators. In a complaint filed Thursday, Takata also is seeking to extend the automatic halt of...

  • PARIS, July 13- French auto supplier Faurecia plans to open a third Moroccan plant to build car interiors and emissions control parts for clients, including its parent PSA Group, the company said on Thursday. The future plant will open next year in the coastal city of Kenitra, Faurecia Chief Executive Patrick Koller said in a statement marking the formal...

  • *Norway's DNB leads banks after Q2 results. *UK SFO investigation hits Amec Foster Wheeler. LONDON, July 12- A run higher for energy shares and miners, as well as strong updates from Norwegian lender DNB, and a more dovish tone from U.S.

  • *Norway's DNB leads banks after Q2 results. *UK SFO investigation hits Amec Foster Wheeler. LONDON, July 12- A run higher for energy shares and miners, as well as strong updates from retailers Burberry and B&M helped drive European shares higher in on Wednesday, though renewed pain for publisher Pearson weighed on the media sector.

  • LONDON, July 12- A run higher for energy shares and miners, as well as strong updates from retailers Burberry and B&M helped drive European shares higher in early deals on Wednesday, though renewed pain for publisher Pearson weighed on the media sector. Luxury goods group Burberry was the second-top gainer, rising around 4.3 percent after reporting 3 percent...

  • Valeo said on Wednesday that it had already started talks with Raicam over selling the passive, hydraulic actuator business to the Italian company, as part of its overall plans to get European Commission clearance for the FTE deal. Last year, Valeo announced its takeover of FTE Automotive for 819 million euros. However, Valeo said the European Commission had...

  • *Audi unveils revamped top-end A8 at glitzy Barcelona event. BARCELONA, July 11- Battered by its emissions scandal, Audi launched its latest technology-packed A8 luxury saloon on Tuesday, aimed at overtaking rivals Mercedes-Benz and BMW as it struggles to overcome its biggest-ever corporate crisis. On Tuesday Audi shifted the focus back to its products with...

  • LJUBLJANA, July 7- Car parts maker Magna International said it will invest elsewhere in Europe if Slovenia does not soon approve the first phase of a planned 1.2 billion euro production site. The world's third biggest car parts maker submitted its plan to build a site in Slovenia, which will create around 6,000 jobs, to the government months ago.

  • Market seems unfazed by plunges in autos, retail

    Jim Cramer explains why the market is looking past dramatic declines in the auto and retail sectors.

  • Cramer: Why the rest of the market seems unfazed by plunges in autos and retail

    Jim Cramer explains why the market is looking past dramatic declines in the auto and retail sectors.

  • People walk through a nearly empty shopping mall on March 28, 2017 in Waterbury, Connecticut.

    Jim Cramer explains why the market is looking past dramatic declines in the auto and retail sectors.