Porsche's new CEO, Michael Leiters, needs to reverse slowing sales in China and decide whether to fully commit to electrification. Will this be enough to turn around the automaker’s fortunes?
Lutz Stiegler returns to Volvo after two years at its sister brand to help define the automaker’s next-generation underpinnings.
ZF Friedrichshafen, the world’s fourth-largest auto supplier, has cut shifts at its main electric drivetrain plant in Schweinfurt because the availability of important components has tightened, ...
Nexperia said it is developing alternative solutions to supply chips to its customers. The standoff between the Netherlands and China over the company is threatening global auto production.
Two years following the end of the 2020-23 microchip shortage, supply chains for automotive-grade semiconductors remain fragile.
Fourteen dealerships selling 12 brands, including Honda, Stellantis and Hyundai, traded hands in the latest buy-sell deals tracked by Automotive News.
As expected, the Nexperia chip shortage is being felt first in the supply chain by Tier 1 companies such as Germany’s Bosch Group and ZF Friedrichshafen.
The company said it is reorganizing its software and services engineering team to speed how it develops and deploys technology.
Lenders said new information has come to light indicating the business “made misrepresentations in numerous financial statements, credit agreements, and borrowing base certificates.” ...
Magna CEO Swamy Kotagiri said the company’s focus is on “grinding through” the current environment while being as flexible as possible.
Lear was most exposed to the cybersecurity attack on JLR and the resulting production halt in Europe, which took a $111 million bite out of sales and wiped away $31 million in earnings.
The market was projected to fall 3 percent to 6.9 percent in October, according to forecasts from J.D. Power-GlobalData and Cox Automotive, as EV demand slides following the expiration of federal tax ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results