Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros ($13.4 million) from a surge in the automaker's share price after he announced a plan to spin off Ferrari.
Fiat Chrysler Automobiles CEO Sergio Marchionne made about 10.7 million euros ($13.4 million) from a surge in the automaker's share price after he announced a plan to spin off Ferrari.
Audi has knocked down speculation that it plans to enter Formula One in 2016 after recruiting former Ferrari team principal Stefano Domenicali.
General Motors is dangling $25 gift cards to Starbucks, Bass Pro Shops and other retailers to persuade nearly 1 million owners of recalled cars with faulty ignition switches to get them fixed.
GM has discontinued the U.S. version of the Chevrolet Captiva Sport, ending a three-year run for the fleet-only small crossover.
Due to Dearborn Truck having been closed in the late summer in preparation to begin making the new F-150, the company's plants which build the F-Series range built just 63,002 trucks last month. This compares to 93,111 in October 2013.
GKN Land Systems says it is ramping up production of a new hybrid technology for buses that it claims will enable operators to save fuel, reduce fares and make some routes more viable.
Quality regulators in China have asked Volkswagen to provide technical documents following the company's recall of almost 600,000 vehicles - the first time the agency acted since a law mandating timely safety campaigns came into force.
AutoNation said its new-vehicle retail sales climbed 8 percent in October from the year-ago month, reaching 24,844 vehicles.
Ford said today it will call back 202,241 vehicles in five North American recalls covering several issues, including an incorrect repair in a previous recall.
Car sales in Germany rose 4 percent in October, extending the increase seen so far this year in Europe's largest auto market despite a weakening domestic economy.
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Nissan said today it is recalling more than 14,000 hybrid Infiniti Q50 and Q70 luxury sedans globally due to possible software and transmission issues.
UK government policy to remain a strong voice in a reformed European Union (EU) is not "a million miles" from that of the British Society of Motor Manufacturers & Traders (SMMT), says the trade association.
Mercedes will take the wraps off the all-new Mercedes-Maybach sedan this month at the L.A. auto show, a model that will sit between the S class and the Pullman in the luxury brand's hierarchy.
Mercedes has unveiled the G-Code concept at the opening of its new product engineering center in Beijing. Reports say the design could preview the look of a subcompact SUV to rival Audi's Q1, due in 2016.
Mercedes unveiled the G-Code concept at the opening of its new product engineering center in Beijing this week and reports say the design could preview the look of a subcompact SUV to rival the upcoming Audi Q1.
Mercedes unveiled the G-Code concept at the opening of its new product engineering center in Beijing. Reports say the design could preview the look of a subcompact SUV to rival the upcoming Audi Q1.
Despite what it describes as volatile economic conditions in several markets, strong demand for new products, rising sales in the key North American market, and the favourable impact of the yen correction against the US dollar, has seen operating profit at Nissan increasing to JPY261.9bn (US$2.54bn) for the first half of the 2014 fiscal year.
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