NEW YORK/ DETROIT, June 17- Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, according to several people familiar with the matter.» Read More
Owner Jeff Allen, star of CNBC Prime's "The Car Chasers," has bought and sold used cars for decades, so he knows something about the process. Here he shares basic tips to help make buying a used car less tricky.
TOKYO, April 11- Four Japanese automakers including Toyota Motor Corp, Nissan Motor Co and Honda Motor Co are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem, the companies said on Thursday. Japanese auto parts maker Takata Corp spokesman Toyohiro Hishikawa said the company supplied the airbags related to the recalls.
DETROIT, April 9- One of China's largest auto parts makers said it will construct a $200- million factory to build a radical new engine developed by a suburban Detroit startup. The plant, about 150 miles west of Shanghai in Anhui province, will have an annual capacity of 150,000 and will also supply engines to EcoMotors for sale to its own customers.
For those who not mechanically inclined, having an issue pop up with their car can be a daunting process, and can become downright miserable as they search for the right mechanic.
Here are three basic defensive driving tips all drivers should follow to ensure their safety from Flat 12 Gallery’s Perry Barndt, star of CNBC Prime’s “The Car Chasers.”
DETROIT, March 28- The United Auto Workers union said on Thursday it added members for the third straight year in 2012, as it organized workers from casinos as well as auto parts companies in Alabama and Kentucky, the union said on Thursday. The union is active in trying to organize workers at two Tennessee auto plants and one in Mississippi.
Demand for long-lasting U.S. manufactured goods surged in February, suggesting factory activity continued to expand at a moderate pace.
TOKYO/ HONG KONG March 26- KKR& Co agreed to sell Intelligence Holdings to Temp Holdings for 68 billion yen, almost double what the U.S. buyouts firm initially paid for the temporary staffing agency three years ago.
How do you know when it's time to change your tires? We put the question to Jeff Allen, owner of Flat 12 Gallery and star of CNBC Prime's "The Car Chasers."
How do you really know when to change your car's oil? And is paying extra at the pump for premium gas a rip off or really worth it?
One of the easiest and simplest things to increase the value of your car is ensure your steering wheel matches your car; and, if not change it. Here's how.
SHANGHAI/ HONG KONG, March 6- China's campaign to get the world using its currency, the yuan, is hitting headwinds in corporate boardrooms, raising doubts as to whether it will ever challenge the dominance of the U.S. dollar in global trade and finance.
GENEVA, March 5- The production restart for Fisker Automotive Inc's flagship Karma plug-in hybrid vehicle is a "couple of months" away, Fisker co-founder Barney Koehler said on Tuesday. The restart is contingent on a deal with Fisker's battery supplier, A123 Systems Inc, which was purchased by Wanxiang Group, China's largest auto parts maker.
*Union still wants to organize southern auto plants. DETROIT, March 5- United Auto Workers President Bob King says he has finally begun to stem the decades-long membership decline in one of America's most powerful labor unions, but his goal of organizing at least one foreign-owned automaker in the South continues to elude him.
*Sees 2013 total sales of $32 bln- $33.4 bln. *Sees 2013 total production sales of $27 bln- $28 bln. TORONTO, March 1- Canadian auto parts maker Magna International Inc raised its full-year sales forecast on Friday and sweetened its quarterly dividend after a fourth-quarter performance that beat expectations.
Nearly four years after taking over Chrysler, Sergio Marchionne is ready to take the Detroit automaker to the next level.
GM says starting next year it plans to put 4G LTE technology into millions of its cars, trucks and SUVs in a move that will put “mobile” into automobile.
The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.
DETROIT, Feb 15- Auto parts supplier TRW Automotive Holdings Corp posted a stronger-than-expected quarterly profit on Friday. Net income in the fourth quarter slipped to $419 million, or $3.26 a share, compared with $425 million, or $3.27 a share, in the year-earlier period. The company said increasing demand in North American and China offset weakness in Europe.
*Sees growing consumer class in Indonesia, India and Russia. JAKARTA, Feb 14- Nissan Motor Co considers Indonesia key to its bid to resurrect Datsun next year-- a brand name retired in the early 1980 s-- as a sub- $10,000 no-frills car to drive growth in emerging market sales.