GM narrowed its third-quarter loss in Europe but warned that achieving its target to break even in Europe this year would be "very challenging" after the UK's vote to quit the EU. The collapse of the pound has hit the automaker's European operations.
Fiat Chrysler Automobiles today reported adjusted earnings before interest and taxes of 1.5 billion euros ($1.63 billion) for the third quarter, up 29 percent, on flat revenues and despite some headwinds in North America, its largest market.
Nissan and Renault are open to partnerships with other companies to develop new technologies as automakers race to develop the cars of the future, Ogi Redzic, the automakers' connected vehicles chief said.
General Motors today said its net income more than doubled to a third-quarter, post-bankruptcy high of $2.77 billion, as its focus on retail sales in the U.S. bolstered transaction prices.
Bill Ford is tired of hearing the future of cars belongs to Silicon Valley. Yet for years, the Apple and Google crowd have been telling him that only Big Tech can make driverless vehicles.
Hyundai Motor Group said about 1,000 of its executives will take a 10 percent pay cut, the first such move in seven years at South Korea's second-largest conglomerate that shows the harsh impact of market share woes and labor strife at its flagship...
German prosecutors investigating Volkswagen Group say they have a "fairly good" picture of how the diesel-cheating scandal evolved and that doesn't include any clear-cut link between the automaker's top executives and decisions to implement the...
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Tata Sons' shock move to oust Cyrus Mistry and his core team of advisors and bring back Ratan Tata as chairman of the conglomerate could lead to delays in the group's bid to reduce its debt load across its businesses, analysts say.
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German supplier Schaeffler has launched an operation to manufacture engine parts at its factory complex in the east China city of Nanjing.
Here, a major automotive provider of maps for onboard navigation systems owned by BMW, Mercedes and Audi, says it has formed a partnership with China's Alibaba to offer maps, traffic updates and navigation to Alibaba's customers.
VW, BMW, Ford and Nissan are among automakers seeking to work with Kenyan authorities to develop an auto-manufacturing industry in the east African country, building on talks with Nigerian lawmakers about their own market.
The National Highway Traffic Safety Administration released new guidance for how automakers should approach cybersecurity amid growing scrutiny prompted by high-profile vehicle hacks and the spread of car connectivity technologies.
Volkswagen is facing renewed pressure to repair the damage caused by its diesel emissions scandal, with the European Union calling on the carmaker to start compensating affected consumers and show clear proof that vehicles will be fixed within the...