Tenneco reports lower Q1 earnings as it prepares for sale
Tenneco is in the process of being purchased by Apollo in a $1.6 billion deal projected to close in the second half of 2022. Because of the pending sale, Tenneco...
American Axle’s Q1 net income plunges
American Axle joins much of the automotive supplier base this week in reporting bleak performances for the quarter, underscoring the financial pain that persists among suppliers even as automakers turn...
American Axle’s income plunges | Automotive News
American Axle joins much of the OEM supplier base this week in reporting bleak performances for the quarter, underscoring the financial pain that persists among suppliers even as automakers turn...
Tenneco reports lower Q1 earnings as it prepares for sale
Tenneco is in the process of being purchased by Apollo in a $1.6 billion deal projected to close in the second half of 2022. Because of the pending sale, Tenneco...
CATL scouting U.S. sites for EV battery output to serve Ford, BMW, report says
He said CATL had begun mass production of batteries for overseas markets in 2021 and was looking to lock in its standing as the major battery supplier to automakers overseas...
CDK Global Q3 earnings: Profits from operations up as $8.3 billion acquisition awaits
CDK executives did not provide comment Thursday about the company's results. CDK did not disclose the number of automotive DMS customer sites with its fiscal third-quarter earnings report. As of...
Jeep making inroads on both ends of lineup
Stellantis CFO Richard Palmer said during an earnings call Thursday that Jeep will continue to be strong on the higher end of the utility market. The automaker did not report...
Dakkota CEO Andra Rush considers doubling footprint at Stellantis parts plant in Detroit
Stewart said Stellantis and Dakkota "worked hand in hand" with the city and partners to get the plant done. "So pleased that Andra decided to locate it right here in...
Customer sued after mechanic dies while working on his 2019 Jeep Wrangler at a Michigan dealership
A man in Michigan is being sued after a mechanic was killed in an accident while working on his vehicle. While the owner of the manual transmission 2019 Jeep Wrangler...
CDK Global posts quarterly gains from ongoing operations as $8.3 billion acquisition awaits
CDK executives did not provide comment Thursday about the company's earnings results. CDK did not disclose the number of automotive DMS customer sites with its fiscal third quarter earnings results....