Magna reported a 19 percent rise in second-quarter profit and lifted its 2013 sales forecast, buoyed by better-than-expected European and North American earnings.
Safety-minded Subaru has a new pet project: crash tests for dogs. This year, the automaker started funding first-of-its-kind research by the nonprofit Center for Pet Safety to study the dangers of driving with a dog.
America-made small cars selling at lower prices. Competition will be intense, observers say, because the subcompact segment is unlikely to see much growth in market share.
Ford Motor Co. broke with its major competitors by increasing stock during July. Ford moved to a 66-day supply on Aug. 1, from 61 days on July 1, while other large automakers trimmed their supplies.
For Soave Automotive Group's Aristocrat Motors in Merriam, Kan., a train vs. Jaguar race from Kansas City to Chicago offered the perfect opportunity to highlight the Jaguar XJL's all-wheel-drive technology.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule and the brand will become even more profitable, helped by the arrival next year of the Macan SUV.
Magna reported a 19 percent rise in second-quarter profit and lifted its 2013 sales forecast, buoyed by better-than-expected European and North American earnings.
Uwe Bahnsen, a former Ford of Europe design boss who helped develop the automaker's aerodynamic styling in the early 1980s, has died at the age of 83.
GM has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a reevaluation of its reliance on the country for a fifth of its global production, sources say.
Magna reported a 19 percent rise in second-quarter profit and lifted its 2013 sales forecast, buoyed by better-than-expected European and North American earnings.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule and the brand will become even more profitable, helped by the arrival next year of the Macan SUV.
Porsche's goal of surpassing annual vehicle sales of 200,000 will be reached up to four years ahead of schedule analysts predict. Porsche's sales boss is not as bullish.
GM has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a reevaluation of its reliance on the country for a fifth of its global production, sources say.
Uwe Bahnsen, a former Ford of Europe design boss who helped develop the automaker's aerodynamic styling in the early 1980s, has died at the age of 83.
Magna International reported a 19 percent rise in second-quarter profit and lifted its sales forecast for the year, buoyed by increased vehicle production in North America.
Automakers are on track to exceed the North American production record of 17.2 million units in 2016.
Rising from the financial beating that many took four years ago, automotive manufacturers have a new vision of how to operate in the future that is smaller and cheaper than in the past.
Even as Tesla Motors enjoys strong demand and lots of buzz for its Model S luxury electric sedan, prices are cratering in the mainstream EV market.
Since December, Jeff Schmitt Auto Group has paid about $625,000 to resolve 16 civil lawsuits and five other complaints.
Marketers approach the challenge of promoting diesel as eco-friendly, amid broadening competition from hybrids, electric vehicles and higher efficiency gasoline engines.
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