Musk's plant makeover even more of a long shot as Model 3 lags

by deeperkins | Oct 27, 2017 | Uncategorized

Tesla’s plan to make half a million cars next year became all-the-more ambitious after the sluggish start the company got off to with its most important electric vehicle yet, the Model 3 sedan. Source: Auto Feed

Chassix to acquire Benteler's automotive casting business

by deeperkins | Oct 27, 2017 | Uncategorized

Detroit area auto supplier Chassix signed an agreement to acquire Austrian conglomerate Benteler International’s automotive casting business. Source: Auto Feed

Dana sees strong Q3 profit ahead of increased production plans

by deeperkins | Oct 26, 2017 | Uncategorized

Dana’s net income increased 21 percent to $69 million for the third quarter, due to strong market demands and acquisitions. Source: Auto Feed

Visteon Q3 net income rises by 54% on higher margins, new business

by deeperkins | Oct 26, 2017 | Uncategorized

Visteon said its third-quarter net income rose 54 percent to $43 million, citing higher gross margins for its electronics components. Source: Auto Feed

BorgWarner Q3 profit more than doubles on sales growth, lower expenses

by deeperkins | Oct 26, 2017 | Uncategorized

Net profit for supplier BorgWarner soared 123 percent to $185 million, driven by sales gains and sharply lower expenses compared with last year. Source: Auto Feed