Business

GM Adds Capabilities to OnStar Fleet Tool

By: Steve Plumb - November 07, 2019 at 9:29 AM

General Motors Co. has renamed and added capabilities to its OnStar-based fleet management tool.

Times to Get Tougher for Tooling Firms

By: Gary S. Vasilash - November 07, 2019 at 6:00 AM

Harbour Results Inc. estimates decline in N.A. OEM tooling spend for 2020

Former Hyundai Marketing Chief Joins Cars.com

By: Steve Plumb - November 06, 2019 at 8:47 AM

Dean Evans, who quit as marketing chief for Hyundai Motor Co.’s U.S. unit last month, has been appointed executive vice president of digital retailer Cars.com.

How To Thrive in the Automotive Downturn

By: Paul Eichenberg - November 05, 2019 at 11:12 AM

As global markets start to slow, automotive companies must realize that technology disruption makes this downturn fundamentally different – and thriving requires a new approach.

Denso Ups Investment in Radar Startup

By: Steve Plumb - November 05, 2019 at 10:15 AM

Metawave Corp., a Silicon Valley-based startup specializing in advanced radar and 5G technologies, says it has completed its Series A funding round.

Infiniti’s Electric Approach

By: Gary S. Vasilash - November 05, 2019 at 6:25 AM

As Infiniti moves into the future, it has devised a powertrain setup that will bring more drivers to an electrified future.

Lotus Engineering Targets Growth

By: Steve Plumb - November 04, 2019 at 2:15 PM

After years of dwindling sales, Group Lotus plc’s engineering unit aims to reestablish itself and grow its sales within owner Geely Auto Group and to other carmakers in coming years.

Penske Buys Indy Speedway, IndyCar Series

By: Steve Plumb - November 04, 2019 at 12:53 PM

Penske Entertainment Corp. has acquired the legendary Indianapolis Motor Speedway—home of the Indy 500 and Brickyard 400 races—and the NTT IndyCar open-wheel racing series from Hulman & Co.

FCA, PSA Confirm Plan to Merge in 50:50 Deal

October 31, 2019 at 11:28 AM

Fiat Chrysler Automobiles NV and PSA Group have detailed plans to merge into a new company owned 50:50 by shareholders of the Italian and French carmakers.

Hitachi, Honda Merge 4 Partsmaking Units

October 30, 2019 at 4:17 PM

Hitachi Ltd. and Honda Motor Co. are creating a new company that combines four of their automotive and motorcycle components businesses.

FCA, PSA Confirm Merger Talks; Deal Near?

October 30, 2019 at 3:20 PM

Fiat Chrysler Automobiles NV and PSA Group confirm they are discussing a possible merger. Reports say a deal could be announced on Thursday.

Mahindra Buys Out Peugeot Motorcycles

October 30, 2019 at 1:52 PM

A European subsidiary of India's Mahindra & Mahindra Ltd. has agreed to buy the remaining 49% of Peugeot Motorcycles it didn’t already own.