American Axle said to explore a sale of company
The manufacturer has been a stalwart supplier of axles and drivetrain components to automakers. The company faces challenges to maintain revenue as key customers such as Ford Motor Co. and...
Nexteer, Tactile Mobility partner to detect road conditions
The system has drawn interest from automakers because it is based entirely on software, said Joe Klesing, Nexteer's product line executive for software."We're not adding any additional hardware or anything...
Nissan will put certified pre-owned stamp on non-Nissans
These programs are an "acknowledgment that the used-car business is in an unprecedented era of challenge with respect to used-vehicle acquisition," said Brian Finkelmeyer, senior director at Cox Automotive.Ryan Hall,...
VW supervisory board wants reworked and more ambitious software road map, report says
VW has called its software division, Cariad, which is the central element in its autonomous driving push, "the most ambitious project of our entire industry to tap into the most...
Ford ordered to pay $7 million in fatal W.Va. crash involving 2014 Mustang
A West Virginia jury ruled Tuesday that Ford Motor Co. must pay $7 million to the family of a 19-year-old woman who was killed in a 2016 accident involving her...
Mercedes’ Vision AMG is a look at performance brand’s EV future
The platform and electric drivetrain for the Vision were developed "from scratch," said Philipp Schiemer, CEO of Mercedes-AMG. It will incorporate high-performance axial flux electric motors from Mercedes’ wholly-owned subsidiary...
Lear to acquire German supplier in quest for comfort seating dominance
Lear Corp. is acquiring a German automotive supplier of temperature-controlled seats and steering wheels for nearly $150 million, beefing up its comfort seating capabilities. The suburban Detroit seating and electronics...
ATC Drivetrain acquires Global Battery Solutions
ATC Drivetrain said it acquired battery life cycle management company Global Battery Solutions. The news, announced Wednesday, comes after the automotive remanufacturing firm in April acquired Treharne, an electric vehicle manufacturing and...
Fuccillo Automotive Group sells 10 dealerships in New York
Darwish, formerly a minority partner in a New Jersey Audi dealership and a platform manager for Napleton Automotive Group, said that after entering into an agreement with Fuccillo in August...
VW supervisory board wants reworked and more ambitious software roadmap, report says
VW has called its software division, Cariad, which is the central element in its autonomous driving push, "the most ambitious project of our entire industry to tap into the most...