Gentex considers options for possible tariffs, foreign retaliation

Supplier Gentex is exploring how to avoid proposed U.S. tariffs on imported auto parts if they are enacted, plus likely retaliation on U.S. exports by other countries, especially China.

Gentex boosts Q2 net income 23%

Mirror supplier Gentex reported a healthy gain in net income for the second quarter, but trimmed its full-year 2018 revenue guidance slightly.


Kia, SiriusXM to continue partnership for another five years, companies say

Drivers of Kia Motors America vehicles will continue to get a three-month SiriusXM All Access subscription upon purchase for another five years.

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Smart-nerships

Well, it happened a lot quicker than even we expected: The second edition of Shift magazine comes out on Monday.

Hyundai launches Iron Man edition of Kona

Hyundai is extending its Marvel collaboration with a special Iron Man edition of the Kona subcompact crossover. The version is scheduled to be unveiled Thursday at Comic-Con in San Diego.

UPDATED: 7/19/18 3:42 pm ET - adds written testimony
Auto industry tells Commerce Dept. to ditch tariff proposal

A wide spectrum of auto interests, armed with the latest impact studies, warned at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers.

UPDATED: 7/19/18 4:40 am ET - adds CEO comments, details
Volvo expects record full-year sales despite trade tensions

Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).


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