BMW's second-quarter profit fell 6.3 percent as higher spending to develop electric and autonomous cars combined with currency headwinds to weigh on earnings.
As Volkswagen moves deeper into mobility services, its sales and marketing divisions also will influence product development, says Matthias Erb, head of the company's holistic user experience.
New-vehicle sales in Canada fell for the fifth straight month in July, down 3.2 percent over the same month last year.
Projections that two-thirds of the world's population will live in cities by 2050 have big implications for private vehicle ownership and driving.
PSA North America will launch two mobility services in a North American city in the next two months, the automaker said.
May Mobility, an autonomous shuttle service that launched in Detroit in June, expects to remove the safety attendants from its vehicles route by route as early as next year.
A Silicon Valley startup that provides the software platform for ride-sharing services said mobility service businesses will have a market cap of $9 trillion.
It's often said that cars are turning into smartphones on wheels. Continental is taking that comparison a step further.
The CEO of Freudenberg Sealing Technologies, maker of seals and gaskets,says the supplier must evolve and emerge more agile if electric vehicle sales take off and its traditional market erodes.
The EV maker expects to increase Model 3 production to 6,000 per week by late August, buoying expectations Tesla will meet its goal of profitability and positive cash flow in the next two quarters.
Fiat Chrysler said memorial services will be held for the late Sergio Marchionne on Sept. 14 in Italy and on Sept. 27 at FCA's North American headquarters in Michigan.
Fiat Chrysler said memorial services will be held for the late Sergio Marchionne on Sept. 14 in Italy and on Sept. 27 at FCA's North American headquarters in Michigan.
Subaru's Ascent and Crosstrek crossovers led the automaker to a record July for U.S. sales.
The EPA's acting chief told lawmakers he would welcome any deal between automakers and states such as California that stem from a long-awaited Trump administration effort to roll back emission rules.
Combined U.S. sales at Hyundai Motor America and Kia Motors fell 5.1 percent to 104,864 in July, with retail sales at Hyundai rising slightly to counter a sharp 51 percent drop in combined fleet deliveries at the Hyundai and Genesis brands.
Sales at Mercedes-Benz, the highest-volume U.S. luxury brand for the past two years, fell 23 percent in July after inventory shortfalls and a technical glitch handicapped dealers.
Nissan is looking heavenward to develop autonomous driving systems.
Magneti Marelli, FCA's parts business set to be spun off, has inked a deal to purchase SmartMeUp, a perception software company for autonomous vehicles.
Magneti Marelli, FCA's parts business set to be spun off, has inked a deal to purchase SmartMeUp, a perception software company for autonomous vehicles.
Bo Andersson, Yazaki's top executive in North America and Europe, said most industry growth moving forward will come from 11 emerging markets.
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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