Jaguar Land Rover strike threat by UK’s largest union
Jaguar Land Rover has been threatened with industrial action by Unite, Britain’s largest union, if it does not get back to the negotiating table....
Tata Motors posts 7.1 percent drop in net profit in second quarter
Tata Motors, the Mumbai-based automotive company, posted a 7.1 percent drop in consolidated net profit to Rs 3,291 crore in the second quarter ended...
Honda unveils C$857m plant investment in Ontario, backed with local support
Honda Canada Inc. says it is investing C$857 million (US$752 million) in its Ontario production operations. Japan’s second largest automotive company said the province...
Tesla posts bigger loss and massive revenue jump
Electric car and vehicle power train component maker Tesla Motors Inc. posted an increased third quarter loss and revenue that almost doubled from $431...
Fiat Chrysler plans to spin-off Ferrari
The automobile giant, Fiat Chrysler Automobiles, has announced plans to spin-off Ferrari and sell 10% of the luxury sports carmaker on the stock market....
Takata being sued in the US over dangerous airbags
Takata, the Japanese airbag manufacturer, and various carmakers that use its products, are being sued in the US because of allegations that its cars...
Ford plant goes to Mexico, not Ontario
Ford’s new type of engine will be manufactured in Mexico instead of Winsdsor, Ontario. According to auto workers’ union Unifor, talks with Canada’s federal...
Ford income falls due to costs of its new F-150 pickup truck
Ford’s net income slipped by 34 percent, down to $835 million in the third quarter, with the costs of launching its new pickup truck,...
Tesla could be banned from opening stores in Michigan
Tesla has criticized Michigan for passing a bill earlier this month that could restrict the manufacturer’s business operations in the state.
The bill, HB5606, creates...
European September new car sales figures cheer investors
European new passenger car sales increased by 6.4% in September, bringing some good news to the region at last. The Belgian-based European Automobile Manufacturers...