Auto Parts Industry News
General Motors to Shutter Five North American Plants, Shed 14,000 Jobs as Part of Cost-Cutting Plan

GM said it expects the plan to boost its annual free cash flow by $6 billion by the end of 2020.

Automotive Tariffs Would Push Consumers to Buy Used Vehicles, Study Finds

Autolist polled 1,453 current car shoppers in late July to gauge the impact of potential tariffs on their vehicle purchase.

Former Fiat Chrysler CEO Sergio Marchionne Dead at 66

Marchionne had been in failing health due to “unexpected complications” from a recent surgery, according to the automaker.

Auto Care Association Joins Auto Groups Opposing Tariffs in Open Letter to President Trump

The open letter preceded the July 19 hearing at which the Auto Care Association was scheduled to testify before the U.S. Department of Commerce in opposition to the proposed higher import tariffs.

Automotive Tariffs Would Put 100,000 Jobs at Risk, Auto Care Association Says

The Auto Care Association is urging the Trump administration to consider the ramifications of imposing tariffs on imported vehicles and auto parts.

New-Vehicle Quality at Highest Level Ever: J.D. Power

Genesis, Kia and Hyundai hold the three top rankings for overall initial quality.

General Motors Breaks Ground on $65 Million Parts-Processing Facility in Burton, Michigan

When the facility opens in early 2019, it will be the company’s main induction point in the United States for ACDelco and Genuine GM service parts that need to be unitized and packaged for sale, according to GM.

Ford to Convert Century-Old Detroit Train Station into Hub for Autonomous and Connected Vehicles

The company envisions the former train station in Detroit’s Corktown neighborhood as “a hub where Ford and its partners will work on autonomous and electric vehicles, and design urban mobility services and solutions that includes smart, connected vehicles, roads, parking and public transit.”

Used-Car Prices Hit Record High: Edmunds

Edmunds experts attribute the increase to the ever-growing supply of near-new vehicles coming off-lease, and a greater demand for vehicles of all sizes and ages, thanks to shifting market factors.

Gasoline Prices Hit Four-Year High, But Trucks And SUVs Still In Demand

Shifts in consumer preferences start at $3.60 per gallon, but $4 is the breaking point, according to a new report from Edmunds.

US Automotive Sales: ‘Healthy Start’ To Summer Selling Season

“Despite rising gas prices, shoppers are clearly demonstrating their confidence in the strength of the economy as they continue to seek out larger, more expensive vehicles,” said Jeremy Acevedo, Edmunds manager of industry analysis.

Ford To Stop Selling Sedans In North America By 2020

By 2020, nearly 90 percent of the automaker’s North American lineup will consist of trucks, SUVs and commercial vehicles, Ford said.