Apr
27th
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Kia -- on the cusp of launching its critical Stinger performance sedan -- has hired former Chrysler advertising whiz Saad Chehab as its new marketing chief.
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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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Klaus Grohmann was ousted last month after a clash with CEO Elon Musk over the strategy of Grohmann's firm, which Tesla had acquired in November, Reuters reported.
Apr
27th
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Renault's first-quarter revenue rose 25 percent as the company launched new models and production deals, and began consolidating Lada sales by Russian affiliate AvtoVAZ.
Apr
27th
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Renault's first-quarter revenue rose 25 percentas the company launched new models and production deals, and began consolidating Lada sales by Russian affiliate AvtoVAZ.
Apr
27th
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Depending whose money they're using, Wells Fargo and JPMorgan Chase either love subprime car loans or fear them.
Apr
27th
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Visteon has announced a strong set of results for the first quarter buoyed by rising demand for its infotainment products in China.
Apr
27th
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Ford's loss on its aborted Mexico plant in San Luis Potosi totaled $153 million, 23 percent less than it had originally booked.
Apr
27th
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Kia Motors signed a deal to invest about $1.1 billion to build its first factory in India, aiming to tap a fast growing market at a time when its China sales are sagging.
Apr
27th
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Asbury Automotive Group's first-quarter net income climbed 9.7 percent to $34 million on parts and service and finance and insurance gains, as revenue held flat.
Apr
27th
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Ahead of the EU-Brexit summit this weekend, European automobile manufacturers and suppliers have sounded the alarm over the potential damage that Brexit could do to the competitiveness of their industry, which represents 6.5% of EU's GDP and provides employment to some 12.2 million Europeans across the continent.
Apr
27th
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Ford has announced Q1 2017 pretax profit down US$1.6bn year on year to $2.2bn on revenue up $1.4bn to $39.1bn.
Apr
27th
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Valeo announced first quarter of 2017 sales up 22% year on year to EUR4.8bn (US$5.2bn).
Apr
27th
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SsangYong Motor Company has launched the XLV diesel engine model at the 2017 Shanghai Motor Show to meet fast growing demand for subcompact SUVs in the Chinese market.
Apr
27th
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Panasonic Corporation has held an opening ceremony for its new automotive lithium-ion battery factory in Dalian, China.
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.
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.