Category: Automotive

Delphi Technologies posts record quarterly revenue, higher operating income

DETROIT — In its first quarterly report since splitting from Delphi Automotive, Delphi Technologies posted record revenue, spurred by strong gains in Asia, but a drop in net income from a year earlier. Adjusted operating income rose 23 percent to $164 million, due to revenue growth, strong operational performance and foreign exchange benefits, according to

Ford picks Kumar Galhotra to replace Raj Nair as North America chief

Kumar Galhotra assumes his new duties March 1. DETROIT — Ford Motor Co. on Thursday tapped Kumar Galhotra, a company veteran who steered the Lincoln luxury brand back to respectability, to replace Raj Nair, who was ousted Wednesday after an internal investigation uncovered “inappropriate behavior,” as its president of North America. Galhotra, 52, will take

Kumar Galhotra to replace Raj Nair as Ford’s head of North America

Kumar Galhotra assumes his new duties March 1. DETROIT — Ford Motor Co. on Thursday tapped Kumar Galhotra, a company veteran who steered the Lincoln luxury brand back to respectability, to replace Raj Nair, who was ousted Wednesday after an internal investigation uncovered “inappropriate behavior,” as its president of North America. Galhotra, 52, will take

Uber CEO will court carmakers beyond Toyota for self-driving

Uber CEO Dara Khosrowshahi Photo credit: BLOOMBERG NEW DELHI — The world’s largest car maker and biggest ride-hailing company plan to team up on autonomous driving as technological changes sweep through the transportation industry. On Thursday, Dara Khosrowshahi, CEO of Uber Technologies Inc., posted a photo on Twitter of him and Toyota Motor Corp. President

Ford Motor executive Raj Nair leaves over ‘inappropriate behavior’

DETROIT — Raj Nair, president of Ford Motor Co. in North America, has left the automaker after complaints of “inappropriate behavior,” Ford said Wednesday. Ford, in a statement, said an internal investigation found that “certain behavior by Nair was inconsistent with the company’s code of conduct.” It did not divulge the nature of Nair’s behavior.

Audi to launch integrated toll collection

Audi said it will begin integrating automated toll payment technology into its U.S. vehicles later this year that will allow drivers to pay tolls without the need for an additional device. The integrated toll module is built into the vehicle’s rearview mirror, which is supplied through Gentex Corp., and can be controlled through the vehicle’s

CAR study: Electrification, autonomy won’t gain widespread adoption for decades

Carla Bailo: “While the technology to electrify and automate vehicles will take decades to proliferate, automakers and suppliers must invest now to have a stake in the future of the transformed automotive industry.” DETROIT — Although most major automakers are pouring billions into electrification and autonomy, the Center for Automotive Research predicts those investments could