US light vehicle sales for the first quarter of 2017 fell 1.9% over the same period in 2016, according to JATO Dynamics. Analysts had predicted a small increase for March sales but saw a decline despite reported high incentives spending.
News
7 Apr, 2017
GP Edition version of most potent Evora introduces classic Lotus F1 colours to the US market
Former Volkswagen Group Chairman Ferdinand Piech sold the bulk of his 14.7 percent stake in the company that controls VW to his younger brother, Hans Michel Piech, a German newspaper reported.
Former Volkswagen Group Chairman Ferdinand Piech sold the bulk of his 14.7 percent stake in the company that controls VW to his younger brother, Hans Michel Piech, a German newspaper reported.
Kia has added driver assistance systems not typical in small cars as well as upgraded connectivity in its new Rio as it hopes offering such features at an affordable price will help the car be more successful in Europe's subcompact segment.
Renault says mainstream acceptance of EVs is reaching a tipping point and it welcomes increasing competition as European rivals such as Volkswagen and Opel push harder into the market.
Trevor Mann, the new COO of Mitsubishi, has been tasked with integrating the Japanese automaker into the Renault-Nissan alliance and addressing Mitsubishi's heavy reliance on SUVs in Europe.
President Donald Trump plans to nominate a Lyft executive, Derek Kan, as under secretary of transportation for policy.
Jianghuai Automobile became the first Chinese automaker to assemble vehicles in Mexico with the start of production at a complete knockdown plant in Hidalgo.
Silicon Valley online education startup Udacity is spinning off a company that will develop self-driving taxis, taking aim at the likes of Uber.
Mexico's booming auto industry set records across the board in the first quarter, with production jumping 17 percent, exports surging 14 percent and local light-vehicle sales rising 8.9 percent vs. the year-ago period.
Two weeks after Tesla CEO Elon Musk teased the first 6-second video of a newly minted, almost-final version of the company's $35,000 Model 3, prototypes have begun to appear in the wild.
A federal judge plans to name former FBI director Robert Mueller to oversee nearly $1 billion in Takata restitution funds as part of a Justice Department settlement.
American Axle has completed its $3.3 billion acquisition of Metaldyne Performance Group from private equity firm American Securities.
Uber's robocar project director wants the company to be spared from having to turn over certain documents in Waymo's trade-secrets theft suit, saying he's vulnerable to criminal prosecution.
Mobvoi, the Chinese artificial intelligence startup backed by Google, is getting a $180 million investment from Volkswagen to join a race to build the technology into cars.
CarMax's net income rose 8.2 percent in the quarter ended Feb. 28 on a solid rise in used-vehicle sales.
GM said a glut of used vehicles will return to market after their leases expire and drag on its finance unit this year, following similar warnings by peer Ford and lenders such as Ally Financial.
News
23 Aug, 2018
Hi-tech new Audi A3 spotted testing, while a coupe model is set to join the hatch, Saloon and Cabriolet models in the line-up
News
8 Apr, 2017
Audi’s fourth-generation A3 will push upmarket and feature 48-volt electric tech when it goes on sale in the UK in 2019