Asbury Automotive Group and Lithia Motors, two of the nation's six large public new-car retailers, reported increases in profits per vehicle retailed during the third quarter.
Lexus said it plans to use next week's Tokyo Motor Show to unveil a concept LS full-size sedan.
Lithia Motors is ramping up its store acquisition strategy after setting aggressive new earnings goals. 'We are looking at approximately 30 deals in the New Jersey and L.A.
Volkswagen may have to set aside more than the 6.5 billion euros ($7.4 billion) it has so far allocated to cover the costs of an emissions scandal if car sales suffer, CEO Matthias Mueller said.
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BorgWarner Transmission Systems Korea, a BorgWarner majority-held joint venture, has announced that it has opened a new facility in Jincheon, South Korea. A key customer will be Hyundai-Kia.
Aston Martin has signed a deal worth 50 million pounds ($77.2 million) with a Chinese investor to build an electric version of its Rapide four-door sedan.
Promising equal parts traffic, sunshine, new cars and technology, next month's 2015 L.A. Auto Show will feature 30 global new-vehicle debuts, organizers said today.
Volkswagen says it has stopped selling new cars in Europe that contain software designed to cheat diesel emissions tests as the automaker prepares to recall 8.5 million vehicles in private hands.
Ford has launch ed its latest, updated Explorer in China. As the brand's flagship SUV there, the latest model is available in five derivatives with prices ranging between CNY449,800 (US$70,708) and CNY639,800.
General Motors said on Wednesday (21 October) it booked third-quarter net income of $1.4bn or $0.84 per share, compared with $1.4bn and $0.81 per diluted a year ago after operating improvements were offset by one-off costs associated primarily with the ongoing ignition switch recall.
Starting in 2016, ZF will combine all electromobility-related activities in a new e-mobility division, based at the company's Schweinfurt location, the supplier has announced. It is also moving shock absorber production out of Germany.
Starting in 2016, ZF will combine all electromobility-related activities in a new e-mobility division, based at the company's Schweinfurt location, the supplier has announced. It is also moving shock absorber production out of Germany.
The Guangqi Honda Automobile Company (GHAC) joint venture has held a ceremony to commemorate the opening of its third automobile production plant and an engine plant within the property of the existing ZengCheng plant.
Honda has started mass production of the redesigned 2016 Civic sedan at Alliston, Ontario, the factory nominated as the global lead factory for the model in November 2014, according to the just-auto PLDB database. Sales through dealerships across the US and Canada start in November and Honda claims this 10th-generation Civic sedan "is the most ambitious remake of Civic in the model's 43-year history".
General Motors' surging truck sales delivered heavy-duty profits during the third quarter, leading the automaker to its best financial performance since before its 2009 bankruptcy.
The European Union has ruled that Fiat Chrysler benefited from an illegal tax deal with Luxembourg and says the country's government must now recover taxes of about 20 to 30 million euros ($23 to $34 million) from the automaker.
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
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