PARIS, March 27- French auto parts maker Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. While demonstrating an autonomous car and other prototype systems jointly developed with Safran, the French defence and aerospace group, Valeo said on...» Read More
Oct 24- Delphi Automotive Plc reported a better-than-expected quarterly profit as demand for its auto parts rose in Asia and North America. Delphi's revenue grew 9 percent in Asia and 6 percent in North America in the third quarter ended Sept. 30. Delphi benefited also from its restructuring activities in Europe and South America.
Oct 24- Delphi Automotive Plc reported a 12.5 percent rise in quarterly profit as demand for its auto parts rose in Asia and North America. Net income attributable to Delphi rose to $305 million, or $1.02 per share, in the third quarter ended Sept. 30 from $271 million, or 87 cents per share, a year earlier. Excluding items, Delphi earned $1.16 per share.
NEW YORK, Oct 22- U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S....
Oct 22- Auto parts maker Delphi Automotive Plc is looking to sell its business that makes heating and cooling systems for cars, and will seek as much as $1 billion, Bloomberg reported, citing people with knowledge of the matter. Delphi has approached companies including French automotive supplier Valeo SA and South Korea's Halla Holdings Corp and is planning to...
DETROIT, Oct 21- The problems for Japanese auto parts maker Takata Corp grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States while two more lawsuits have been filed over accidents in older Honda cars. The news came a day after Toyota Motor Corp recalled 247,000 vehicles in the United States...
CAPE TOWN, Oct 13- South Africa's competition authorities are investigating price fixing and collusive tendering in the automotive industry, with top Japanese component suppliers Panasonic and Mitsubishi Electric Corp among those being probed. Information received by the Competition Commission suggested collusion among automotive component...
*Europe's subcompact market has grown through the downturn. PARIS, Oct 2- Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down. Several new cars on display at this month's Paris auto show...
The left-leaning Guardian bemoaned: "No one can conceive of Renault, Fiat or indeed BMW fattening themselves up after years of emaciation, ready for sell-off to a foreign rival." The blow to British pride was made all the more acute by the success of France, where Peugeot and Renault were speeding ahead.
Chrysler is recalling almost 189,000 Jeep Grand Cherokees and Dodge Durangos in the U.S. to fix a fuel pump problem that can cause the SUVs to stall.
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.
Since 1969, millions of cars have been recalled after being deemed threats. CNBC.com takes a look at these cars, from the 1971 Pinto to this year's growing list of recalls.
To understand how General Motors failed to address major safety problems, you have to examine the culture there before Mary Barra became CEO.
When a major recall is announced, dealerships find themselves on the commercial front lines.
Wired Magazine reports that German engineering firm EGAD has a design for 3-D printed the frame of a car.
Aston Martin is recalling most of its cars built since 2007 after discovering a Chinese supplier was using counterfeit plastic in a part.
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.