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Nov
12th

New vehicle inventories make sharp jump in October

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U.S. new-vehicle inventories rose sharply last month, reaching the highest level for the start of November since 2014.
Nov
12th

BMW, Daimler profit warnings hit shareholder value

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Uncertainty over international trading conditions, profit warnings from two leading German automakers and the death of a CEO all contributed to declines seen in the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services...
Nov
12th

VW CEO Herbert Diess says automaker can help make EVs mainstream

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If electric vehicles fail to catch on globally over the next several years, it won't be because Volkswagen didn't try, CEO Herbert Diess says.
Nov
12th

Internal combustion engine keeps improving as EV hype grows

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This may be the dawn of the electric vehicle era, but 2018 has been a phenomenal year for the humble internal combustion engine.
Nov
12th

Russia sales rise 8% in Oct. as Mitsubishi, Skoda, VW lead gains

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New-car sales in Russia rose 8 percent in October, with Mitsubishi, Skoda, and VW leading gains among the market's major brands.
Nov
12th

GM’s revived credit business helps finance its future

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GM Financial is expected to serve as a fount of profits for General Motors to fund investments in emerging technologies.
Nov
12th

Next Mazda3 takes mild hybrid approach

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Mazda pulls the curtains on its next-generation Mazda3 small car at this month's Los Angeles Auto Show, kicking off a new era of performance-oriented vehicle platforms and Skyactiv-X drivetrains.
Nov
12th

GM’s electric bike business is old hat, er, helmet

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General Motors' announcement that it plans to market a line of electric bikes marks a return to an industry where the company was once a major player.
Nov
12th

Kia’s Han-woo Park says design, quality will push Kia to next level

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Han-woo Park says Kia is graduating from its position as a fast follower to being a global leader in such areas as design and quality. The Kia CEO also wants to build up the brand's light-truck lineup.
Nov
12th

Subaru quality problems extend to U.S.

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Subaru has been dogged by rising quality problems in Japan. The lapses are now bleeding into the all-important U.S., and global President Tomomi Nakamura isn't happy.
Nov
12th

Plan for your future, or plan to cash out, car dealers told

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Presidio Group, a dealership buy-sell advisory firm, recommends that its clients create a conversion plan to serve the future industry or opt to sell their dealerships ahead of predicted dealership disruption from autonomous vehicles.
Nov
12th

Carvana expansion not impeded by wider losses

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Carvana Co.'s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive.
Nov
12th

Toyota’s Lentz wields the ax as headquarters demands fatter profits

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Toyota's North America CEO Jim Lentz is looking to chop unpopular nameplates from the U.S. lineup as bosses in Japan order him to restore sagging profitability to record levels.
Nov
12th

VW’s CEO Herbert Diess says big changes are ahead for automaker, ‘big potential’ in United States

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Herbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company.
Nov
12th

Chase Auto unifies marketing, direct lending

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Chase Auto has handed the direct lending reins over to its chief marketing officer. The move is part of its effort to unify its consumer-facing auto business and to present Chase Auto as more of a holistic resource than a traditional auto lender.
Nov
12th

VW’s CEO Herbert Diess says big changes are ahead for automaker, ‘big potential’ in United States

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Herbert Diess has been CEO of Volkswagen Group only since April, yet the 60-year-old former BMW executive now heading one of the world's largest automakers has a clear vision of where he wants to lead his company.
Nov
12th

Volvo’s ‘Care’ subscription service coping with its success

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Volvo's early success with its car subscription plan has put the company in an enviable position as automakers tinker with business models that don't revolve around traditional car ownership.
Nov
11th

Mercedes returns to roster of Super Bowl advertisers

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Mercedes-Benz #8212; whose name adorns the Atlanta stadium where Super Bowl LIII will be played #8212; is returning to the game as an advertiser after sitting out the NFL's championship showdown in 2018.
Nov
11th

Germany’s auto rebound may be stung by trade tensions, China’s slowdown

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German auto production should pick up this quarter after new emissions tests choked production. But the strength of the rebound is in doubt as automakers feel the pain of trade tensions and China's slowdown.
Nov
11th

New C4 Cactus to be first electrified Citroen in 2020 – pictures

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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 van, insurance you can rely on is a must.
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