When leasing peaked in 1999 at 26 percent of new-car sales, it severely damaged residual values. Leasing is back to that level and beyond, but this time, it's smarter.
Mercedes-Benz will preview its upcoming pickup, likely badged the X class, this fall at the Paris auto show, says British magazine Auto Express.
The multibillion-dollar business plans being hatched by automakers and tech companies for self-driving vehicles rely on a sensor that's less than 1 inch wide and costs all of 92 cents.
Volkswagen CEO Matthias Mueller will push for a significant reduction in bonuses for the carmaker's management board on Monday, sources familiar with the matter told Reuters.
Japan's government, Toyota and Nissan will partner to develop intelligent maps by 2018, a Tokyo newspaper reported, as competition heats up to improve the technology key for autonomous driving.
Filmmaker Steve Kalafer, a three-time Oscar nominee, is at work on a documentary about Volkswagen's diesel emissions crisis, a project that's close to home. That's because he is also a Volkswagen dealer.
Porsche will keep its 15 percent profit margin target as part of its new 10-year business plan, despite facing huge investment challenges in areas such as plug-in hybrids and full electric cars, Porsche's finance chief, Lutz Meschke, told...
Manheim's retail reconditioning operation is expanding along with the expansion of Sonic's EchoPark stand alone used-car stores.
Sonic Automotive will break ground on about two dozen new EchoPark used-vehicle stores in Texas, North Carolina and South Carolina beginning late this year or early in 2017. It will be the first major expansion of the fledgling network of stores.
More than 325,000 people around the world have put down a fully refundable $1,000 deposit to get in line for the Tesla Model 3. So what happens to all that deposit money?
Mike Simcoe, the 58-year-old Australian who will become only the seventh design chief in General Motors' long history, is just as comfortable discussing the engineering details of automobiles as he is swage lines, greenhouses and B-pillars.
Chrysler is turning to a comedian, but more importantly, a dad, to pitch the 2017 Pacifica.
The 17-year-old daughter of late actor Paul Walker has reached a $10.1 million settlement with the estate of the man driving the car that crashed and killed them both in 2013, her attorney said on Friday.
GM said plaintiffs' lawyers suing the company over a faulty ignition switch linked to nearly 400 injuries and deaths have chosen to dismiss what was scheduled to be the fourth in a series of six test trials over the defect.
Auto industry and consumer representatives warned Friday that U.S. auto safety regulators' push to aid autonomous car deployments may be too aggressive, and urged greater transparency and public input in policies covering self-driving technology.
Six months after shutting down its San Francisco car-sharing pilot due to a lack of help from city government, BMW is restarting the program with 370 cars, added services and a new name: ReachNow.
Auto supplier Bosch said Friday it was in talks with high-definition digital maps company Here and is exploring whether to take a stake.
Sales of new passenger cars and LCVs in Russia decreased by 10% in March, according to data released by the AEB.
A California venture capital firm has raised about $75 million to bankroll early-stage technologies enabling autonomous driving, improved cybersecurity in cars, entertainment systems and other automotive next big things.
Visteon is preparing to battle former president and CEO Tim Leuliette in court over his retirement compensation package.
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