Auto News 5

Incentive spending, combined with a glut of off-lease vehicles returning to market, could push used prices down by about 4.8 percent this year, the lowest level since the economy was emerging from the recession in 2010, one analyst says.

General Motors is cutting up to 600 jobs at its CAMI plant in Ingersoll, Ont., Canadian union Unifor said Friday. General Motors announced on Jan. 9 it would move production of its redesigned GMC Terrain to Mexico from Ingersoll.

Mirror and electronics supplier Gentex, hampered by automaker plant shutdowns and inventory adjustments, scraped by in the fourth quarter with a 0.4 percent increase in net income.

News 2 Jun, 2017

New range-extender TX5 black cab by the London Taxi Company will hit London streets for demonstrations this summer

News 31 Jul, 2019

LEVC has now produced 2,500 electric TX taxis at its factory in Coventry, preventing 6,800 tonnes of CO2 from entering the atmosphere

Foreigner #8212; yes, Foreigner #8212; the hot-blooded, cold-as-ice jukebox heroes who want to know what love is #8212; are on the prowl for car dealerships to help raise charity funds.

Self-driving cars and electric vehicles will present challenges to the industry, but Audi of America President Scott Keogh says they offer huge opportunities for Audi.

Ford's 2017 earnings will be hit by a delayed currency impact of at least $600 million from Britain's vote to leave the European Union, the U.S. carmaker told Reuters, putting last year's record European profit levels beyond reach.

Maruti Suzuki India has announced a price increase ranging from INR1,500 (US$22) to INR 8,014 ($118) for various models from the Alto 800 hatchback to the (premium in India) S-Cross.

Bosch will disclose provisions in May for costs related to its involvement in VW Group's diesel scandal as the supplier continues its probe into possible misconduct by employees.

U.S. new-vehicle sales, coming off the industry's strongest December in history, are starting 2017 with only a slight slowdown, according to four forecasts issued this week.

This time last week, from a time zone five hours ahead of Washington, DC, I was writing last week's column, one eye on the tv,  while awaiting the inauguration of US President Donald J Trump. As, no doubt, possibly in fear and trepidation, were many in the auto industry. What'll the new prez do? Will he really slap a 35% tariff on imports from Mexico. Will That Wall really go up? Will the shutters go down - big clampdown on immigration - at Fortress US? Etc.

The departure of Christine Hohmann-Dennhardt as VW Group's compliance chief suggests her appointment was a cynical publicity stunt to profit from her "brand" as a former judge and from her success in helping to clean up a corruption scandal at...

Media reports have suggested that the US could impose a 20% tariff on imports from Mexico to pay for the new President's commitment to build a wall to enhance security on the US-Mexico border. However, there could also be a more subtle change to corporate taxation through a 'border adjustment' aimed at encouraging exports.

Operating profit at Bosch fell 6.5 percent in 2016 as the company invested in the development of products for electric vehicles.

Ford will offer an aftermarket plug-in device to add new technology to older vehicles.

A lengthy attempt by Ford Brazil to build a new plant has been resolved, in part at least.

German prosecutors are investigating former VW Group CEO Martin Winterkorn on suspicion of fraud as they expand a probe into the automaker's emissions scandal.

A whirling dervish of supposed Kremlin spies, honeytraps, MI6 agents and double bluffs defined a week eerily reminiscent of Cold War days, before President Donald Trump's inauguration last Friday (20 January), while the new American Commander-in-Chief has started his tenure in a similar blizzard of activity, with an automotive border tax rearing its head once more and the big US car three rapidly invited to the White House.

Aggressive actions to reduce cost alongside a more profitable sales mix of products is driving a much-improved performance in Ford's European business according to CEO Mark Fields.