Ford's $11 billion restructuring could cost 25,000 employees their jobs, exceeding the cutbacks General Motors announced last week, according to Morgan Stanley.
Ford's $11 billion restructuring could cost 25,000 employees their jobs, with Europe bearing the brunt of the cuts, according to Morgan Stanley.
Top executives of VW, Daimler and BMW have a balancing act to pull off when they meet with Trump administration officials Tuesday about potential tariffs on U.S. imports from Germany.
Top executives of Volkswagen Group, Daimler AG and BMW AG have a balancing act to pull off when they meet with Trump administration officials Tuesday about potential tariffs on U.S. imports from Germany.
Democratic Republic of Congo has declared cobalt a "strategic" substance, according to a government decree, raising the royalty rate miners will pay to 10 percent.
U.S. sales for FCA US rose 17 percent in November to 181,310 vehicles, a gain largely driven by fleet transactions.
The Acura RDX continued to post record sales results for American Honda in November, but it was not enough to offset declines for higher-volume vehicles such as the Honda Civic and Pilot.
Toyota posted a 0.6 percent decline in November from the year-earlier month to 190,423 vehicles, despite record-high November light-truck sales.
Geely's Volvo Cars has opened its expanded Silicon Valley Tech in Sunnyvale.
General Motors chief executive Mary Barra is due on Capitol Hill this week to discuss its plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides told Reuters.
Nissan's three independent board members are set to meet on Tuesday to discuss a replacement for arrested former Chairman Carlos Ghosn, Reuters reported.
News
4 Dec, 2018
Available in showrooms now, the Honda Civic Sport Line spec adds a host of interior and exterior cosmetic additions
BMW expects headwinds from U.S. President Donald Trump's trade war with China as well as higher commodity prices and foreign exchange swings to weigh on earnings next year by at least 1 billion euros ($1.1 billion).
Tips & advice
3 Dec, 2018
All you need to know about the Waze map app that aims to be better than any other sat-nav or smartphone navigation available
Uber confirmed it hired a senior U.S. auto safety official involved in the federal government's handling of self-driving cars for its autonomous vehicle efforts.
A Tokyo court on Friday approved a 10-day extension of jail time for Carlos Ghosn, the head of the Renault-Nissan alliance, as prosecutors assess allegations of financial misconduct.
Japanese prime minister Shinzo Abe has told French president Emmanuel Macron the future of the Renault-Nissan alliance was up to private shareholders.
Revived German brand Borgward has named Xiuzhan Zhu as its new CEO. Zhu replaces former Rolls-Royce executive Philip Koehn, who spent just four months in the job.
The US and China reportedly called a truce in their trade war on Saturday after President Trump agreed to hold off on new tariffs and President Xi Jinping pledged to increase Chinese purchases of American products.
Ford Motor, Toyota and American Honda posted a drop in U.S. sales last month on sharply lower car deliveries. FCA posted a 17 percent gain behind higher retail and fleet volume. The tally for U.S.
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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