Massive data breach hits several automakers, report says
Nearly 47,000 files of factory records from at least six automakers were found in a data leak this month that exposed several of the companies' trade secrets, The New York Times reported.
U.S. carmakers expected to warn of tariff pain when releasing Q2 results
When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn investors of far greater pain ahead should President Trump impose broader tariffs on vehicles and parts.
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.
Auto mileage rollback plan nearly ready, report says
The Trump administration is readying proposals to weaken Obama administration automotive fuel economy standards for release as early as next week, a person familiar with the matter told Bloomberg.
VW Canada building national EV charging network for all to use
Volkswagen Group Canada has formed Electrify Canada, a company that will build an ultra-fast EV charging network across Canada. Stations are to be operational in the second quarter of 2019.
Faurecia raises outlook after first-half profit rises 10%
Faurecia raised its 2018 outlook after reporting that first half profit rose 10.2 percent to to 342 million euros, while sales climbed 5.2 percent.
VW CEO Diess wants to quicken margin improvements, report says
VW Group CEO Herbert Diess is pushing for faster margin improvements at the company's Porsche, Audi and VW brands, a German media report said.
BMW, VW win Beijing's OK to gain control of China JVs
Chinese Premier Li Keqiang's government allowed BMW and VW to gain control over local ventures ahead of their foreign rivals, giving the German automakers a boost in the world's largest vehicle market.
EU, Canada, automakers blast Trump auto tariff plan
The Trump administration came under criticism from the EU, Canada and automakers as officials consider imposing tariffs of up to 25 percent on imported cars and parts.
Fiat Chrysler prepares for Magneti Marelli spinoff
Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, Reuters reported.
Tesla's battery maker suspends cobalt supplier amid sanctions concern
Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions.
Asahi Kasei to buy interiors supplier Sage for $1.1 billion
Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion.
Audi CEO Stadler appeals to court for release from German jail
Audi's suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail.
Vietnam's Vinfast will unveil Italian-designed crossover and sedan
Vietnamese automaker Vinfast will use the Paris auto show to raise its global profile by unveiling two production-ready models, designed by Italy's Pininfarina.
Volvo shifts XC60 output for U.S. to Europe to avoid Trump's tariffs on China imports
Volvo is shifting XC60 production for the U.S. market to Europe from China to avoid Washington's new tariffs on Chinese imports.
Visit by EU officials will focus on car tariffs, Trump says
President Donald Trump cited car tariffs as "the big one" among U.S.-EU trade irritants. He said the U.S. has tremendous powers if the EU does not bring a "fair" offer to Washington next week.
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).
Brose expects $5 million in costs this year from Trump's tariffs
Brose Group CEO Kurt Sauernheimer and Brose North America President Frank Lubischer talked tariffs, technology production and emissions with reporters Wednesday.
Convalescing Marchionne likely to miss FCA Q2 earnings call, report says
Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.
Trump says U.S. may have separate trade deal with Mexico
President Donald Trump said he may prioritize a bilateral trade deal with Mexico over Canada and that he's building a good rapport with Mexican President-elect Andres Manuel Lopez Obrador.