Apr
27th
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Toyota Motor said it plans to spend US$170m on its vehicle assembly plant in the US state of Mississippi, according to local reports in Japan.
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Apr
27th
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Renault has posted first-quarter Group revenue up 0.2% to EUR13.2bn (US$16bn), with worldwide registrations increasing 4.8% to 935,041 vehicles.
Apr
27th
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Daimler's earnings dropped 12 percent to about $4 billion in the first quarter despite higher vehicle sales. The company blamed foreign exchange effects and sales incentives.
Apr
27th
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Daimler's earnings dropped to 3.34 billion euros ($4.03 billion) in the first quarter despite higher vehicle sales. The automaker said operating profit was 12 percent lower because of foreign exchange effects and the absence of one-off gains.
Apr
27th
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Renault said revenue rose by a smaller-than-expected 0.2 percent in the first quarter, as the company suffered sales setbacks in India, China and South Korea, compounded by the effects of a stronger euro.
Apr
27th
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Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the U.S. #8212; including the Fusion, on which the Mondeo is based.
Apr
27th
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Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the U.S. #8212; including the Fusion, on which the Mondeo is based.
Apr
27th
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Ford said the Mondeo remains part of its European lineup despite fears for the car's future after the company announced it wouldn't replace its current sedan lineup in the United States.
Apr
27th
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Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny, Czech Republic. Output peaked at more than 55,200 units in 2017, according to IHS Markit.
Apr
26th
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Tesla shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role Elon Musk has held since 2004.
Apr
26th
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Tesla shareholders will vote in June on whether to adopt a policy that the company only allow an independent director to be chairman, a role that Elon Musk has held since 2004.
Apr
26th
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American proposals on rules of origin that govern what percentage of a light vehicle needs to be built in the NAFTA region to avoid tariffs would hurt American consumers, lead to lower vehicle sales and hurt American car exports, according to a new...
Apr
26th
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Investors are accustomed to the promises of Elon Musk, but his assertion that Tesla will not need more funds this year has many scratching their heads. How can Musk deliver without fresh cash?
Apr
26th
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GM could be forced to give up more than $1 billion in new stock if a judge approves a deal between a trust handling its old bankruptcy claims and customers who sued over faulty ignition switches.
Apr
26th
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BorgWarner Inc. said its net income grew 19 percent to $225 million, as the auto supplier's profits were fueled by a $200 million foreign-currency gain.
Apr
26th
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Ally's first-quarter net income rose, driven by an uptick in net financing revenue and declines in loan loss provisions and income tax expenses. Auto originations also increased as used-vehicle loan volume reached a record high.
Apr
26th
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Toyota is investing $170 million at its Mississippi plant to build the next Corolla sedan, creating 400 jobs. The move will bring Toyota's investment in the plant to more than $1 billion since 2007.
Apr
26th
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The EPA's proposal to reset fuel economy standards for model year 2022-25 vehicles will be heavily motivated by consumer demand, administrator Scott Pruitt told a House panel Thursday.
Apr
26th
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Group 1 Automotive's first-quarter net income rose 5.5 percent on improving business conditions in the U.S. oil patch, along with the recent U.S. tax cut.