Continental is confident its earnings will remain strong next year because of continued healthy car production rates, its finance chief said in an interview.
Full story...
Vehicle sales in Spain and France fell again in October sparking further concerns over the auto industry in both countries.
Full story...
Skoda Auto plans to double its revenue over the next 10 years, driven by higher sales in fast growing non-European markets, chief Winfried Vahland said.
Full story...
Top Chinese automaker SAIC is close to making a decision on whether to buy a stake in longtime partner General Motors as the U.S. auto firm makes its initial public offering, sources with knowledge of the matter said on Wednesday.
Full story...
Today, Wednesday 3 November, is the day automakers are scheduled to release their October sales figures, but a number of them jumped the gun and posted their results on Tuesday, mid-term election day.
Full story...
BMW made less money in the third quarter on its cars than Audi and Mercedes even as the revamped 5 series helped spark an 11-fold increase in net income. BMW posted an automotive operating profit margin in the quarter of 8.
Full story...
BMW made less money in the third quarter on its cars than Audi and Mercedes even as the revamped 5 series helped spark an 11-fold increase in net income. BMW posted an automotive operating profit margin in the quarter of 8.
Full story...
Honda, which for many years has been driving down the hybrid route, may be having second thoughts about demand for battery powered electric cars.
Full story...
GM and its Chinese partner, SAIC Motor, will cooperate on developing alternative-energy vehicles as the world's largest auto market aims to reduce its dependence on oil.
Full story...
GM and its Chinese partner, SAIC Motor, will cooperate on developing alternative-energy vehicles as the world's largest auto market aims to reduce its dependence on oil.
Full story...
New-car prices in Europe are tumbling as automakers are forced to offer big discounts to counter a sales slump caused by economic misery and the end of scrapping incentives.The price war is affecting automaker profits.
Full story...
Three of the four current and former dealers bidding to unseat Democratic incumbents in Congress are projected to sweep into office on a national wave of Republican votes.
Full story...
South Korea's Hyundai and its affiliate Kia aim to increase their combined annual sales by 14 percent to 6.4 million units next year, media reported on Wednesday.
Full story...
German, French, Spanish and Italian car sales plunged in October as Germany, Italy and Spain continued to suffer from the end of their scrapping schemes and France's reduced subsidy was not enough to prevent a drop versus the strong sales this time...
Full story...
There is a 30 percent chance that investors holding preferred shares in Porsche SE may not be able to swap their stock for equity in Volkswagen, according to VW CEO Martin Winterkorn.
Full story...
Hyundai-Kia, Subaru, Volkswagen and some smaller automakers posted sharp increases in October U.S. auto sales today as the industry appeared poised to record a solid month.
Full story...
Most automakers posted solid U.S. sales gains last month, leading the industry to its strongest performance in more than a year in another sign that consumers are growing more confident.
Full story...
General Motors Co. can get a tax break of up to $45 billion as part of its U.S. government-financed restructuring, documents filed with federal regulators earlier this year showed.
Full story...
By 2020, 93 percent of the new cars sold in Europe will have a traditional powertrain, according to J.D. Power and Associates. Not only do I think this prediction correct, I believe it is good news for the industry and for the environment.
Full story...
Despite the announcement made Tuesday about the supply by Williams of their transmissions to the Spanish Formula 1 team Hispania Racing, negotiations between Hispania and Toyota Motorsport are not over.
Full story...
The latest auto news, reviews, prices, product and vehicle releases.