Apr
27th
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In a joint innovation effort, NEVS and Iconiq Motors will develop future vehicles under each brand, the pair announced.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Apr
27th
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Ford reported first-quarter net income of $1.6 billion, down $900 million from a year earlier, as revenue rose and profit margins shrank. Pretax earnings were $2.2 billion, down $1.
Apr
27th
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Fiat Chrysler Automobiles (FCA) booked record first quarter adjusted EBIT of EUR1.5bn (US$1.63bn), up 11% year on year and confirmed its full year guidance.
Apr
27th
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Trading in Takata Corporation shares was suspended on Thursday (27 April) after a report the airbag maker at the heart of the car industry's largest recall was considering a bankruptcy plan to create a new company and ring fence its liabilities.
Apr
27th
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Tesla offered pay rises and job guarantees to defuse labor tensions at a key German supplier, whose founder and CEO left the company late last month, German labor officials said.
Apr
27th
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Hyundia Motor affiliate Kia Motors confirmed media reports last week with today's announcement it had signed a memorandum of understanding (MOU) with the state government of Andhra Pradesh, India to build a new factory in Anantapur District.
Apr
27th
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UK car manufacturing output was up by 7.3% in March to 170,691 vehicles, the biggest monthly output total in 17 years. The latest gain was driven by strong export demand.
Apr
27th
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PSA CEO Carlos Tavares already has a big job ahead of him as he focuses on integrating the operations of Opel/Vauxhall into the French automaker. Now he has another worry: fixing PSA's retail network in China.
Apr
27th
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German supplier Schaeffler said growth at its automotive division continues to outpace global car markets, but the company warned that it would find it difficult to sustain strong margins in the unit given rising steel prices, high randd costs and...
Apr
27th
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European new car sales boomed in March 2017 with new registrations for the month totalling 1.93m units, a 10.8% rise year on year and a record for the month.
Apr
27th
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Valeo's quarterly sales rose 22 percent to outpace global vehicle production in all regions as the French supplier reiterated its upbeat 2017 goals on strong demand for its fuel-saving and automated-driving technology.
Apr
27th
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UK car production increased by 7.3 percent in March, helping first-quarter output rise 7.6 percent, its highest level since 2000, as robust exports helped offset a fall in domestic demand.
Apr
27th
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UK car production increased by 7.3 percent in March, helping first-quarter output rise 7.6 percent, its highest level since 2000, as robust exports helped offset a fall in domestic demand.
Apr
26th
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Major automakers are set to meet with the head of the U.S. Transportation Department and Environmental Protection Agency as the agencies begin a review of federal fuel efficiency rules.
Apr
26th
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Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.
Apr
26th
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The North American International Auto Show plans to expand its mobility and technology showcase, Automobili-D, to the public next year with a focus on talent recruitment.
Apr
26th
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European ride service Gett has bought U.S. rival Juno for $200 million in a deal that further consolidated the ride-hailing industry and that some said short-changed Juno drivers.
Apr
26th
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Superior Industries posted a 79 percent plunge in first-quarter net income to $3.1 million, saying it experienced higher costs and lower unit sales in the quarter.
Apr
26th
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It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.