Volkswagen said it had uncovered "inconsistencies" when determining carbon dioxide emission levels which could affect about 800,000 cars. VW said the financial risks stemming from the finding is about 2 billion euros ($2.2 billion).
FCA's US sales climbed 15 percent in October on strong SUV sales from Jeep and resurgent sales of its minivans as well as the Dodge brand.
Auto sales in Canada rose 5 percent to 163,053 vehicles during October, according to a monthly industry report.
CDK Global CEO Steve Anenen said today that the dealership software company should see $10 million in savings over the next nine months from consolidation of its customer support staff and better software implementation processes.
General Motors' October sales surged 16 percent amid continued hot truck demand and a big sell-down of the Chevrolet Malibu and other soon-to-be-replaced models.
Ford's 'Friends and Neighbors' sale, which runs today through Jan. 4, does not discount vehicles more than the average consumer already was paying for them, the automaker's U.S. sales chief said.
Takata agreed to phase out its use of ammonium nitrate propellant in airbag inflators and pay a $70 million U.S. fine to resolve violations stemming from the supplier's airbag defect crisis.
Takata agreed to phase out its use of ammonium nitrate propellant in airbag inflators and pay a $70 million U.S. fine to resolve violations stemming from the supplier's airbag defect crisis.
Volkswagen of America, helped by fatter discounts, recorded a tiny U.S. sales gain last month even as its compact car deliveries were gutted by an ongoing sales ban on 2.0-liter diesel models and overall weakness in car demand across the industry.
Renault has called an emergency meeting of its board to discuss a mounting power struggle with the French government over the future of its alliance with Nissan, government and company sources said.
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The next-generation Mercedes-Benz E-class sedan will look strikingly similar to the company's flagship S class, based on new spy photos.
Michelin is pinning the blame for its decision to close its Northern Ireland truck plant with the loss of 860 jobs, squarely on high UK energy costs, lack of competitivity and failure of the European commercial sector to bounce back from recession.
Hyundai appears set to launch an independent global luxury product lineup, to be called Genesis, as it seeks to boost profitability that is being squeezed by a strong won currency.
Domestic sales among South Korea's five main automakers increased by 20.3% to 146,106 units in October, from 121,430 units a year earlier, according to data released individually by the vehicle manufacturers.
BMW has not been given any indication by U.S. environmental regulators whether it could become a target of a wider probe of diesel emissions, nor has the automaker received the all-clear.
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