The criminal prosecution of Eminiano "Jun" Reodica Jr. came to a close this week when he was sentenced to 10 years in prison.
The dark narrative of decline developing in Detroit stands in stark contrast to President Donald Trump's boasts of a booming U.S. auto industry that's building plants and adding jobs.
The New York Federal Reserve flagged what it termed a "significant" upward trend in the last few years in the rate at which auto loans and leases combined are entering delinquency.
Pricing in the U.S. for the redesigned Volvo XC60 will begin at $42,495. The retooled XC60 went into production in April and is to arrive at dealerships in August.
News
17 May, 2017
Updates to the BMW range include some new engines, new 3 Series models and new 2 Series
PSA is in talks to build Toyota-owned supplier Aisin's automatic gearboxes at one of its own plants, sources told Reuters, in what would be an early reward for the PSA purchase of Opel.
Ford says it has begun production of the latest generation (8th) Fiesta model at its plant in Cologne, Germany.
Britain's Unite trade union is suspending further strike action at BMW's British plants so that workers can consider a new offer regarding pension provisions.
Ford will reportedly offer voluntary retirement packages to cut around 10% of salaried workers in the North American and Asia Pacific regions.
Opinion
17 May, 2017
Self-driving cars are on the way, but deputy editor John McIlroy thinks they will never be truly autonomous
Geely's Volvo Cars will not develop any new diesel engines as the cost of reducing emissions of nitrogen oxide is becoming too expensive, according to chief executive Hakan Samuelsson.
Mitsubishi Motors launches new Android Auto App in Japan
Ford said it plans to cut 10 percent of its salaried employees -- about 1,400 positions -- in North America and Asia to reduce costs amid slowing sales and growing investments in new technology.
Lectra has delivered two FocusQuantum FT6K machines for multi-ply airbag fabric for ZF TRW Occupant Safety Systems.
The body structure for the next Audi A8 amounts to a 'switch back to steel' from aluminium according to steel producer ArcelorMittal.
Uber CEO Travis Kalanick rang up Tesla CEO Elon Musk last year to propose a partnership on self-driving cars, according to an upcoming book.
BMW's Mini brand is enhancing connectivity and driver aids as part of a cockpit and instrument update effective from July 2017 production.
News
17 May, 2017
ANCAP concludes that older cars are over-represented in fatal accidents following Toyota Corolla vs Toyota Auris crash test
Audi boss Rupert Stadler will be given another five years as the automaker's chief executive. Stadler has faced criticism for his handling of Audi's role in parent Volkswagen Group's emissions-cheating scandal.
Audi boss Rupert Stadler will be given another five years as the automaker's chief executive. Stadler has faced criticism for his handling of Audi's role in parent Volkswagen Group's emissions-cheating scandal.