GM and Ford sold a majority stake in OEConnection -- a 15-year-old online marketplace for the sale of original-equipment parts to dealers -- to private equity firm Providence Equity Partners.
China's BAIC Motor Corp. has started selling its own cars imported from China in Mexico and may build a plant there, a senior company executive said.
Executives at some of the biggest banks in auto lending said at a conference this week that they're tapping the brakes on subprime lending, especially at the lower end of the credit spectrum.
Despite the drop in car sales in May, the average fuel economy of light vehicles purchased in the U.S. last month still rose from April, a University of Michigan Transportation Research Institute report said.
Faurecia SA, the French auto supplier, is inaugurating a new seat plant today in Simpsonville, Ky. The plant will supply complete seat systems for the Ford Super Duty pickup, made at the Ford Motor Co. Kentucky Truck Plant in nearby Louisville.
Opinion
5 Jun, 2016
With its vast resources, the BBC should concentrate more on affordable motoring for real people, says Mike Rutherford
News
4 Jun, 2016
Turbocharged engine from Audi S3 likely to slot into hot new Q2 baby SUV
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28 Sep, 2018
New range-topping 296bhp Audi SQ2 unveiled ahead of Paris Motor Show debut next week
Sponsored
6 Jun, 2016
Be in with the chance of winning a VIP trip to the British Grand Prix with Evans Halshaw
Volkswagen is obviously not having the best of times right now - the brand or the group.
Jaguar Land Rover is suing Chinese automaker Jiangling Motor for allegedly copying the design of the Range Rover Evoque with its Landwind X7 SUV, Reuters reported.
VW has received regulatory approval for technical fixes to its Passat, CC and Eos models, meaning the automaker can now recall more than 800,000 of the 8.5 million cars in Europe affected by its emissions scandal.
VW has received regulatory approval for technical fixes to its Passat, CC and Eos models, meaning the automaker can now recall more than 800,000 of the 8.5 million cars in Europe affected by its emissions scandal.
Opel said it has submitted documents to the German transport ministry to allay doubts over its engine technology in relation to harmful NOx emissions.The GM division also denied renewed allegations that it might use illegal software.
Articles
7 Jun, 2016
Quarter of a billion investment aimed at boosting British content of UK-built cars
Ad agencies and their media-buying firms have systematically enriched themselves at the expense of their U.S.
Mercedes-Benz is expanding capacity at its Vitoria van making facility as it experiences strong order growth this year.
Key Safety Systems (KSS) has announced that its merger with Ningbo Joyson Electronic Corporation (Joyson) has been completed.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up