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GM's partner in China, SAIC, braces for first annual sales drop, report says

China deliveries at SAIC General Motors are projected to slide by almost 8 percent to 1.82 million vehicles in 2019 while sales at SAIC's joint venture with VW are expected to fall by about 3 percent to 2 million units.

Cummins makes offer for VW's large engines unit, report says

Volkswagen is reviewing all options for its MAN Energy Solutions business as part of its restructuring and has engaged in talks with other potential bidders, according to Reuters. 

Gentex Q2 net income stays flat at $109 million

Revenue increased 3 percent to $468.7 million over the second quarter of 2018, Gentex said, noting it improved its results despite an 8 percent drop in global auto production and "overly optimistic" auto industry forecasts.

Why Oliver Zipse emerged as the new BMW CEO

Oliver Zipse’s powers of persuasion, evident from his patient explanations with detail to reporters, will be in demand after predecessor Harald Krueger’s wavering produced unhelpful divisions on BMW’s management board.

Autoliv slashes full-year outlook after Q2 profit slide

Autoliv said it was stepping up actions to curb costs, which included plans to cut about 5 percent of its workforce and implement a sharper purchasing process. During the quarter, it cut 1,200 jobs.