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Schaeffler's growth outpaces global car market, but supplier warns of headwinds
April 27, 2017, 5:44 am EDT
German supplier Schaeffler said growth at its automotive division continues to outpace global car markets, but the company warned that it would find it difficult to sustain strong margins in the unit given rising steel prices, high randd costs and...
Valeo sales rise 22% on fuel-saving, self-driving tech
April 27, 2017, 5:13 am EDT
Valeo's quarterly sales rose 22 percent to outpace global vehicle production in all regions as the French supplier reiterated its upbeat 2017 goals on strong demand for its fuel-saving and automated-driving technology.
U.S. auto sales forecast to slip in April as retail demand slumps
April 26, 2017, 2:00 pm EDT
It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.
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