Toyota will suspend production at all assembly lines in Japan for six days this month due to a parts shortage, hitting exports of such cars as Lexus luxury vehicles. The shutdown comes after a Jan. 8 explosion at a steel factory in Japan.
Renault ssees plenty of growth in Chinese vehicle demand, the automaker said as it prepared to cut the ribbon on its first plant in the world's biggest auto market, where demand has slowed over the past year.
Porsche aims to offer hybrid versions of all its models with a plug-in hybrid of the 911 sports car due to on sale in 2018, CEO Oliver Blume told a German newspaper.
Porsche does not plan to develop self-driving vehicles because its customers like to drive their cars themselves, CEO Oliver Blume told a German newspaper. He also said Porsche aims to offer hybrid versions of all its models including the 911.
Porsche does not plan to develop self-driving vehicles because its customers like to drive their cars themselves, CEO Oliver Blume told a German newspaper. He also said Porsche aims to offer hybrid versions of all its models including the 911.
Frustrated by paltry sales, Ford pulled the plug on its businesses in Japan and Indonesia. In both cases, it couldn't crack a Japan Inc. stranglehold: Japanese brands hold more than 90 percent market share in both nations.
Ford and General Motors' European units have both suffered tough times in recent years but 2016 looks likely to be different. GM Europe is set to break even, while Ford of Europe expects to become the money-making machine it was from 2004 until 2011.
Thanks to its fortuitous location and some heads-up planning, GM was able to sidestep a crisis that has befallen everyone else in the city where it was born more than a century ago.
A tiny black Fiat 500L that carried Pope Francis through Philadelphia during his historic first visit to the U.S. was sold for $82,000 at a Friday auction.
Volkswagen halted production at a German factory that builds Passats and at its main gearbox plant as the automaker grapples with reduced demand and technical problems.
Saab AB, the Swedish aerospace company that owns the Saab brand, will not allow its name or logo to be used on future models produced by National Electric Vehicle Sweden.
Hyundai, which shook up its U.S. marketing operation in a push for a clearer brand identity, plans to use the Super Bowl to launch a yearlong marketing campaign with a new motto of its own: 'We Make Things Better.
Beware! Falling gasoline prices are hitting the residual values of used hybrids, electrics and plug-ins - hard. The influx of used small cars set to return to the market is just going to make matters worse.
Toyota is considering idling its domestic car manufacturing plants for at least a week from Feb. 8 due to a steel shortage following an explosion at its group firm Aichi Steel this month, TV broadcaster TBS News reported late Friday.
Operations at New York and New Jersey's cargo terminals, one of the largest transfer points for new-vehicle shipments in the U.S., were being restored late Friday after more than a thousand longshoremen walked off the job earlier in the day.
The DeLorean Motor Co. of Humble, Texas, plans to start production of a souped-up version of the super-cool gull-wing icon from the three-decade-old Back to the Future franchise, and it's all thanks to an act of Congress.
ZF TRW has established a new headquarters for its Global Electronics business in the Arboretum Office Park, Farmington Hills, Michigan.
In 2015 the European car market totalled 14.2m new registrations, an increase of 9.3% over 2014 full year results; the highest since 2009. The market benefited from the last two months of double-digit growth with December setting the highest positive monthly change of the last three years at 1.16m units. Therefore, the last quarter volume increase was the highest of the year, standing at 10.2% more than in Q4 2014, representing 3.42m cars sold in total. The Seasonally Adjusted Annual Rate, SAAR, came in at 16.52m units.
Jim Palmer is out as CEO of Campbell Ewald, the Detroit ad agency known for its longtime ties to General Motors. The agency's parent company said today it terminated Palmer, effective immediately.
Swedish car safety products supplier Autoliv predicted sales growth of 5 percent this year, but analysts expected more because of potential new business Autoliv could win amid the Takata airbag crisis.