Johnson Controls to sell auto battery unit in $13.2 billion deal
Johnson Controls said it would sell its power solutions business, which makes car batteries, to a Canadian investment firm in a cash deal valued at $13.2 billion.
Daimler CFO set to become Thyssenkrupp chairman, report says
Thyssenkrupp will propose outgoing Daimler CFO, Bodo Uebber, as a candidate for its supervisory board, with the aim of installing him as chairman, Reuters reported, citing two sources familiar with the matter.
New chief brings tech chops to CDK
New CDK Global CEO Brian Krzanich has no experience in the auto industry, but he might just have the tech skills the company needs.
Jeep teaser leaks pickup debut
We know Jeep is building a Wrangler-inspired pickup -- it's just a matter of what it'll be named, what it will look like and when it will show up. Well, the folks at JeepScrambler Forum answered one of those questions -- the when.
GM's bike business is old hat, er, helmet
General Motors' announcement that it plans to market a line of electric bikes marks a return to an industry where the company was once a major player.
Impossible to ignore Evelyn
Evelyn Y. Davis, the self-proclaimed "Queen of the Corporate Jungle," gave new meaning to the word "gadfly." She died Nov. 4 at age 89.
Suppliers fret as security probe lingers
The up-in-the-air status of a U.S. Department of Commerce 232 national security investigation remains a thorn in the side of suppliers, as they brace for potential price pressures throughout the supply chain.
Rivian buys into beauty of brown
Rivian weighed the choices of greenfield, contract manufacturing or a brownfield site. In the end, Mitsubishi's trained work force made the decision easy.
In remote northern Nevada, an automotive supply chain hot spot emerges.
Aluminum supplier responds to growing demand
As Novelis looks deeper into aluminum opportunities in automotive, it expands its research footprint.
LETTER TO THE EDITOR
In autonomous age, remanufacturing is key
Automakers should stick to what they do well in this autonomous age, but design their cars to be remanufactured several times over.
Hella's PACE Award-winning LED Matrix Beam
Hella's PACE Award-winning LED Matrix Beam headlights could turn 25 LEDs on and off to shift high beams away from oncoming vehicles.
Toledo: If you build it, they will come
Toledo's port authority is using spec building to stimulate the city's historic automotive manufacturing presence.
Subaru plant evolves from uncertain to robust
Tom Easterday, Subaru of Indiana Automotive's executive vice president, has worked at Subaru Corp.'s lone manufacturing plant outside of Japan from its beginning, but after a nearly 30-year career, he'll retire on Dec. 31.
Adient suspends cash dividend after $1.35B loss in fiscal Q4
Automotive seat maker Adient, which has struggled to maintain consistent profitability since its spinoff from Johnson Controls in 2016, suspended its dividend as it reported a quarterly net loss of $1.35 billion.
Volvo, citing U.S.-China trade dispute, shuffles production plans
Volvo canceled plans to export S60 sedans from its first U.S. plant to China, just months after starting output. Volvo also will stop importing XC60 SUVs and dramatically reduce shipments of S90 sedans from China to the U.S.
Magna lowers outlook after posting improved Q3 results
Magna said its third-quarter profit grew compared with a year ago as revenue also climbed, but the Canadian auto supplier trimmed the outlook for the year on production headwinds.