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Autos Automobiles and Components

  • LONDON, Feb 20- German carmaker Volkswagen has fixed 470,000 cars out of 1.2 million affected by the diesel emissions scandal in Britain, the firm's UK managing director told lawmakers on Monday. Paul Willis faced difficult questions from lawmakers, some of whom are angry that the firm has not been fined in Britain and that motorists have not received...

  • *Germany says no guarantees on Opel jobs, but encouraged. *PSA Group in talks to buy GM's Opel/ Vauxhall brands. BERLIN/ LONDON, Feb 20- Initial talks between the German government and carmakers PSA and General Motors have led to some encouraging signs that jobs at Opel factories will be preserved, though no guarantees have been made yet, a top official said on Monday.

  • *Germany says no guarantees on Opel jobs, but encouraged. *PSA Group in talks to buy GM's Opel/ Vauxhall brands. BERLIN/ LONDON, Feb 20- Initial talks between the German government and carmakers PSA and General Motors have led to some encouraging signs that jobs at Opel factories will be preserved, though no guarantees have been made yet, a top official said on Monday.

  • BERLIN, Feb 20- Initial talks between the German government and carmakers PSA and General Motors have led to some encouraging signals that jobs at Opel factories will be preserved, but no guarantees have been made yet, a top official said on Monday. GM and PSA so far have not given binding guarantees to preserve German jobs and factories at Opel, Deputy Economy...

  • LONDON, Feb 20- The head of Britain's biggest trade union is likely to meet the CEO of PSA Group on Friday amid growing concerns over the future of Vauxhall plants if the French carmaker buys the business from General Motors, a union source told Reuters. Peugeot-maker PSA is in talks to buy GM's loss-making European business, which operates under the Vauxhall and...

  • *Geely aims to drive Proton sales in RHD markets; UK, India. BEIJING, Feb 20- Chinese automaker Zhejiang Geely Holding Group Co is expected to bid as early as this week for a strategic partnership with struggling Malaysian car maker Proton Holdings Bhd, two people familiar with the bidding process told Reuters. As part of its pitch following discussions with...

  • *Ford's sales in Russia up 10 pct last year, beating rivals. *U.S. rival General Motors quit Russia in 2015. MOSCOW, Feb 19- Ford has become the first major foreign carmaker in Russia to see sales grow after three bad years, potentially vindicating its decision to double down on a notoriously volatile market when rivals decided to cut and run.

  • NEW YORK— Fiat Chrysler says it is recalling some Chrysler cars because driveshaft bolts can come loose on all-wheel drive models, increasing the risk of a crash. The recall is expected to begin March 31. About 75,000 cars are affected in the U.S., Canada and Mexico.

  • PARIS, Feb 18- PSA Group's Chief Executive Officer has asked for a meeting with British Prime Minister Theresa May on the planned acquisition of General Motors' Opel and Vauxhall operations, a spokesman for the French carmaker said on Saturday. "Carlos Tavares has asked to meet Theresa May," the spokesman said. Germany accounts for half of GM Europe's 38,000 staff,...

  • Jay Leno’s Presidential Fun Facts

    In honor of Presidents Day, Jay Leno - host of Jay Leno’s Garage, provides his brand of comedy with facts about some of our most popular presidents. Watch Jay Leno’s Garage Presidents Day Marathon, Monday February 20, starting at 12P ET – and look out for special codes to enter the Jay Leno’s Garage Presidents Day Sweepstakes for a chance to win custom Jay Leno merchandise.

  • DETROIT, Feb 17- General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automakers plans said this week. It is expected to be the largest such test of fully autonomous vehicles by any major automaker before 2020, when several...

  • TORONTO, Feb 17- General Motors Co must restore hundreds of jobs being cut at a profitable southern Ontario assembly plant or risk failing to reach a new contract with the factory's workers this fall, the president of Canada's largest auto workers union said on Friday. In an unexpected decision, General Motors is cutting 625 jobs at its CAMI auto assembly plant in...

  • BERLIN/ RUESSELSHEIM, Germany, Feb 17- Germany will do all it can to secure Opel plants and jobs in the country if Peugeot maker PSA buys the General Motors business, Chancellor Angela Merkel said on Friday, highlighting the political challenges the carmakers face in sealing a deal. GM and PSA said this week they were in talks over a potential deal for the French...

  • BERLIN, Feb 17- German government representatives have met with bosses at General Motors and Peugeot regarding talks between the two carmakers on the French group buying GM's European arm Opel, a spokeswoman for the German economy ministry said on Friday. When asked about job guarantees for workers in Germany, she said it was up to management and labor...

  • FRANKFURT, Feb 17- General Motors Chief Executive Mary Barra made assurances at Opel's headquarters in Germany that the carmaker is to remain an independent company in any deal with France's PSA Group, German monthly Manager Magazin reported, citing sources close to negotiations between GM and PSA. It also said that, according to Barra, PSA chief Carlos Tavares...

  • BONN, Germany, Feb 16- Germany wants China to create a fairer business environment for foreign companies, especially German carmakers seeking to tap into Beijing's drive for greener cars, Foreign Minister Sigmar Gabriel told his Chinese counterpart Wang Yi on Thursday. "I have as such urged minister Wang that China reinforce that, with clear signals of equal...

  • NOVI, Mich. _ Cooper-Standard Holdings Inc. on Thursday reported fourth-quarter net income of $31.1 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.32 per share. Cooper-Standard expects full-year revenue in the range of $3.48 billion to $3.53 billion.

  • DETROIT— The United Auto Workers union is preparing an ad campaign that urges consumers to buy U.S.-made cars and trucks as it tries to tap into President Donald Trump's efforts to rebuild the country's manufacturing sector. Williams told reporters Thursday that the union wants to take advantage of what it sees as a movement in the U.S. to bring back...

  • *German, UK officials say reassured on jobs after GM contacts. *UK union says no assurances yet, seeks PSA meeting. LONDON/ FRANKFURT, Feb 16- Germany expects PSA Group's proposed acquisition of General Motors' Opel business to go ahead, a minister said on Thursday, after the U.S. carmaker sought to allay fears of large-scale plant closures.

  • DETROIT, Feb 16- United Auto Workers President Dennis Williams said on Thursday the union is contacting workers at Silicon Valley electric car maker Tesla Inc, and plans to boost efforts to convince U.S. consumers not to buy vehicles built in other countries, including those sold by the Detroit automakers. The UAW leader also used a meeting with reporters to...