WOLFSBURG, Germany, July 29- Volkswagen's move to add extra German production shifts for its top-selling Golf hatchback, which the group has attributed to strong demand, is also due to problems adjusting to its flagship new manufacturing platform, company sources told Reuters.» Read More
FRANKFURT, June 27- Daimler AG and Nissan Motor Co are jointly investing $1.36 billion to develop premium small cars and build a factory in Mexico, the companies said on Friday, in a step that deepens cooperation between the Mercedes-Benz and Infiniti brands.
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.
American Securities has had advanced discussions with investment banks about merging Metaldyne LLC, HHI Group Holdings LLC and Grede Holdings LLC, and has drawn up plans for a subsequent initial public offering, the people said this week.
May 2- Auto parts maker Visteon Corp said it would sell most of its automotive interiors business to private equity firm Cerberus Capital Management LP as it focuses on its fast-growing climate control and electronics operations.
WASHINGTON, April 23- Japan's Showa Corp has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a $19.9 million fine, the Justice Department said on Wednesday.
BRUSSELS, March 25- EU competition regulators have raided several car parts makers involved in producing vehicle exhaust systems, including French firm Faurecia, Germany's Eberspaecher Group and TenneCo of the United States, as part of a wider probe into suspected price fixing in the auto industry.
March 3- Senior Plc, a maker of aircraft parts and auto components, said it expects higher demand in 2014, as big customers Airbus Group NV and Boeing Co look to ramp-up production. Airbus, earlier known as EADS, said last month that it intends to increase production of its jetliners- in stride with arch-rival Boeing's plans.
SHENZHEN, China/ PARIS, Feb 11- Aston Martin's sweeping recall of its high-end sports cars last week raises larger questions about the risk to global automakers of sourcing key parts thousands of miles away in China without implementing adequate quality control measures.
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.
Nitrous oxide has become a go-to method to increase speed in vehicles. Many drag racers love it, but Jeff and Perry believe it is the fastest way to ruin your car.
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.
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.
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.