New vehicle sales pace (SAAR) in September is forecast by Cox Automotive to rise to 17.1m units, an improvement over August's 16.6m sales rate. This gain, however, may be slightly misleading. Total sales volume in September is forecast to decline nearly 60,000 units from last month (to 1.41m) and nearly 100,000 units compared to September 2017.
Dieter Zetsche is stepping down as Daimler CEO, leaving the automaker a more focused company after the tumultuous efforts by his predecessor Juergen Schrempp to create a global auto giant.
Volkswagen has delayed the U.S. introduction of its Arteon sedan by several months because of a backlog in gaining certification under a new worldwide emissions testing regimen.
Ford CEO Jim Hackett encouraged the Trump administration to resolve trade disputes quickly or it could do "more damage" to his company, which is already suffering losses from tariffs imposed by president Donald Trump.
The spotlight on Ola Kaellenius is growing bigger with the 49-year-old's appointed to step into Dieter Zetsche's shoes as Daimler CEO.
The spotlight on Ola Kaellenius is growing bigger with the 49-year-old appointed to step into Dieter Zetsche's shoes as Daimler CEO.
Canadian Prime Minister Justin Trudeau indicated it was possible the three member nations might fail to conclude a new pact.
President Donald Trump on Wednesday plans to announce a framework for bilateral trade talks with Japanese Prime Minister Shinzo Abe, three people familiar with the matter told Bloomberg.
BMW's appointment of company veteran Andreas Wendt to head of the automaker's purchasing and supplier unit comes as reports say boardroom bickering has intensified amid slowing sales momentum and a lack of fresh EVs to challenge Tesla, Mercedes and...
VW Group-owned Skoda, the city of Prague and the Faculty of Transportation Sciences at the Czech Technical University in Prague, say they will implement initiatives for sustainable urban mobility.
A key part of Ford's plan to save money calls for deepening partnerships with other automakers around the world to share factory floor capacity and develop vehicles together, Ford executives told Reuters.
A key part of Ford's plan to save money calls for deepening partnerships with other automakers around the world to share factory floor capacity and develop vehicles together, Ford executives told Reuters.
Trump administration tax cuts helped boost CarMax' bottom line during the quarter ending Aug. 31. The retailer's gross profit increased 8 percent in the most recent quarter to $650.6 million.
Driverless car features are moving closer to mass-market production, with British chip designer ARM introducing the first in a new line of safety-hardened processors for building features such as automated collision avoidance into vehicles.
Ford CEO Jim Hackett encouraged the Trump administration to resolve trade disputes quickly or it could do "more damage" to the company.
News
26 Sep, 2018
All-new BMW 4 Series has been caught on camera for the first time, and it’s getting a folding fabric roof
Renault is announcing the launch of its "Advanced Battery Storage" program, which aims to build the biggest 'energy stationary storage system' using EV batteries designed in Europe by 2020.
How has the king of buy-and-hold investment fared in China? Not bad, based on a bet Warren Buffett made a decade ago.
Tesla is offering incentives and tapping an army of brand-loving volunteers in a frantic push to boost sales and deliveries before the end of the quarter.