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Industry News

Visteon Q4 net income falls, revenue increases

The supplier said new business helped offset industry headwinds such as lower production, launch delays and the strike at GM. ...

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Nissan faces global parts shortage over coronavirus, report says

Nissan procures more than 800 parts from factories in the outbreak epicenter of Hubei to make cars worldwide and is concerned that most of those components will run out if plants in the province stay idled beyond Feb. 21. ...

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Tesla in talks to use CATL's cobalt-free batteries in China-made cars, report says

The electric vehicle maker is seeking to reduce its use of expensive cobalt as it considers lithium iron phosphate batteries from Contemporary Amperex Technology Co., Reuters reported. ...

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Dealers offer expertise, but factories should help them stay competitive on repairs

Knowing the job is going to be done properly by a technician who knows my car inside and out is worth paying a premium. But of the three repairs I needed recently, the dealer won just one. ...

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LG Chem gets favorable interim ruling in trade secrets case with SK

The default judgment by the U.S. International Trade Commission could mean SK Innovation, as sought by LG Chem, would not be able to import products and materials it may need to supply its U.S. factories for Volkswagen and Ford. ...

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Preferred vendors not always best option

As dealers try to grab consumer attention by tailoring campaigns for their markets, some are choosing marketing vendors without a preferred automaker status. That can result in more individualized consumer outreach, says Nick Brunotte, director of industry practice for consultancy DHG Dealerships. ...

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Toyota set to resume output at 3 plants

After extended shutdowns because of the deadly coronavirus, Toyota Motor Corp. said it plans to restart production at three of four main auto assembly plants in China over the next few days. ...

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