Gentex Q2 net income falls 21% on lower vehicle production
The mirror supplier said net income and revenue declined after a drop in light-vehicle production.
Some dealer customers want higher CDK cyberattacks compensation
CDK said dealers it has spoken with have been ‘grateful and appreciative’ of compensation offer. But some affected dealers said it doesn’t cover their losses.
Detroit 3 financials ‘disappointing' as challenges mount
Second-quarter results for GM, Ford and Stellantis reflect a bumpy road as they juggle costly EV plans while managing profits on gasoline and hybrid models in an uncertain market environment.
Top 5 stories of the week: Toyota engine recall; Stellantis CEO calls out U.S. plants
A quick look at the top automotive stories of the week as determined by reader interest.
Automotive tech company CDK must face antitrust class action, judge says
Software vendors can band together as a class to sue automotive technology giant CDK Global for allegedly restricting access to data and causing them to pay hundreds of millions of dollars in overcharges, a federal judge in Chicago has ruled.