Jul
26th
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U.S. Trade Representative Robert Lighthizer said it's possible NAFTA partners will reach a tentative agreement next month to revamp the 24-year-old pact.
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jul
26th
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Penske Automotive Group's second-quarter earnings jumped to a record, driven by same-store profit gains in new vehicles, used vehicles and finance and insurance, plus a bump from foreign exchange.
Jul
26th
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Warren Brown, who wrote an influential automotive column for The Washington Post, died Thursday at a hospital in Haymarket, Va., from kidney failure, according to friends. He was 70.
Jul
26th
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Group 1 Automotive's gross profit and revenue climbed in the second quarter, driven primarily by improvements in the used-vehicle business. Operations in the U.K. also helped.
Jul
26th
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Sergio Marchionne received treatment for a "serious illness" for more than a year before his death on Wednesday, University Hospital Zurich said Thursday.
Jul
26th
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Sergio Marchionne received treatment for a "serious illness" for more than a year before his death on Wednesday, University Hospital Zurich said Thursday.
Jul
26th
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Global automotive seating specialist Adient announced disappointing third quarter results.
Jul
26th
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The Renault-Nissan Alliance (Mitsubishi Motors was added in 2016) has been quite a success story. In an industry driven by the manufacturing economics of scale, companies coming together have shown mixed results.
Jul
26th
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Hyundai joined a growing list of carmakers warning of more troubles ahead from a prolonged trade dispute after reporting quarterly earnings that missed analysts' estimates.
Jul
26th
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Visteon Corporation second quarter (Q2) 2018 net profit was US$35m ($1.17 per share) compared with $45m ($1.41) a year ago on sales of $758m versus $774m.
Jul
26th
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Federal investigators have reportedly connected recently retired UAW President Dennis Williams to a corruption probe in the widening union-FCA scandal.
Jul
26th
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The Thai government this week formally agreed to incentivise two major investments in the country's automotive sector, worth a combined THB16.78bn (US$505m), after delays of almost a year.
Jul
26th
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China's Beijing Automotive Industry Corporation (BAIC) began production at its newly built car assembly plant in South Africa this week.
Jul
26th
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Mass sales of hydrogen powered vehicles were expected to start in South Korea next year after the government announced it would soon ease regulations on the production and transportation of the fuel.
Jul
26th
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Jaguar I-Pace taxi rides will be subsidized in Munich as part of a push to reduce air pollution.
Jul
26th
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Daimler unveiled a new corporate structure on Thursday designed to give its trucks, mobility services and Mercedes-Benz car division greater scope to chase growth in an era when carmakers prepare to launch fleets of autonomous cars.
Jul
26th
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Daimler unveiled a new corporate structure designed to give its trucks, mobility services and Mercedes-Benz car division greater scope to chase growth in an era when carmakers prepare to launch fleets of autonomous cars.
Jul
26th
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GM and FCA reported weak earnings, with both reining in profit forecasts for the year. That sparked sharp sell-offs of their stocks. Then it really got ugly when Ford posted its results.