New-car sales in western Europe fell 2 percent in July, the first monthly decline since August 2013, on lower demand in France and Germany and one less selling day.
Suppliers and automakers must build strong relationships now to help them get through a potential downturn in sales and production, a panel of executives said here today.
Auction site acquisitions and an influx of off-lease vehicles lifted second-quarter profits, revenue and unit sales at ADESA.
When Tesla reported second-quarter earnings on Wednesday, there was a notable twist to the financial report. It wasn't just that the company failed to hit analysts' estimates again but that it emphasized conventional financial measures.
After Samsung Electronics' success in selling components for rivals' smartphones, Vice Chairman Lee Jae Yong is considering a similar strategy for the world of automobiles.
Ford said it is recalling nearly 830,000 vehicles, including the Escape, Focus and Mustang, because the doors may not latch properly or could open while driving. The recall only covers vehicles in warm-weather states.
Ford is about to make its most aggressive play yet on Snapchat and the automaker is using the Olympics to launch the campaign. There's just one problem: Ford is not an official Olympics sponsor.
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UK new car registrations inched up 0.1% last month according to figures released by the Society for Motor Manufacturers and Trraders (SMMT).
Tesla CEO Elon Musk hammered the California Air Resources Board over its emission credits program, saying the standards need to be raised. It was a rare public tirade against an agency that has done more than any other state in the U.S.
Tesla has recorded a US$292m loss for the second quarter, while the automaker also delivered fewer cars in Q2 than originally planned as a result of what is says is the company's steep production ramp.
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Nissan reveals a new take on its Bladeglider EV sports car concept as speculation mounts over a future production version
ZF has posted first half operating profit up to EUR1.1bn (US$1.22bn) while sales rose to EUR17.8bn.
Continental is working with U.S. and European automakers on self-driving car projects that could compete with the coalition between BMW, camera-software company Mobileye and chipmaker Intel.
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New images show a Faraday Future Lincoln-based prototype with LIDAR sensors on the roof
US light vehicle sales squeaked by with a 0.5% gain in July, totalling just over 1.5m and beating last July's total by 7,760 units.
British new-car sales were flat in July but demand from private consumers fell, suggesting a hit to confidence after the country's vote to leave the EU.