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Delphi acquires autonomous vehicle software supplier NuTonomy in $450 million deal

by deeperkins | Oct 24, 2017 | Uncategorized

Delphi Automotive said it plans to acquire Boston-based autonomous vehicle software supplier NuTonomy in a deal that could be valued at $450 million. Source: Auto Feed

GM posts Q3 loss on Europe sale; operating profit falls 31%

by deeperkins | Oct 24, 2017 | Uncategorized

Charges related to General Motors’ sale of its European operations crippled third-quarter results, while its continuing operations also declined due to cuts in vehicle production. Source: Auto Feed

Auto industry to Trump: 'We're winning with NAFTA'

by deeperkins | Oct 24, 2017 | Uncategorized

Major automakers, suppliers and auto dealers are launching a new coalition Tuesday to urge President Donald Trump not to withdraw from NAFTA. Source: Auto Feed

FCA boosts Q3 profits on stronger North America margins; shares rise

by deeperkins | Oct 24, 2017 | Uncategorized

FCA reported a 17 percent jump in third-quarter adjusted operating profit, helped by its key North American market. Adjusted earnings rose to $2.1 billion. Net income was $1.1 billion. Source: Auto Feed

FCA boosts Q3 profits on stronger North America margins

by deeperkins | Oct 24, 2017 | Uncategorized

FCA reported a 17 percent jump in third-quarter adjusted operating profit, helped by its key North American market. Adjusted earnings rose to $2.1 billion. Net income was $1.1 billion. Source: Auto Feed
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