Daimler blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new emissions test standards in Europe hit vehicle sales.
Daimler blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new WLTP emissions test standards in Europe hit vehicle sales.
Daimler's second-quarter profit fell 30 percent because of weaker pricing at Mercedes-Benz Cars, currency headwinds and tariffs from a global trade dispute.
A German industry group said skepticism remains after President Trump agreed to refrain from imposing car tariffs while the U.S. and EU negotiate to cut trade barriers.
A German industry group said skepticism remains after President Trump agreed to refrain from imposing car tariffs while the U.S. and EU negotiate to cut trade barriers.
The compact A-class sedan, targeted at millennial buyers, will nudge out the CLA as Mercedes' entry-level product in the U.S. The A class is expected to be priced in the low $30,000s.
The SEC has reached out to a former Tesla employee who filed a whistleblower claim with the regulator and accused the carmaker of making misstatements and omissions to investors.
Ford lowered its full-year earnings forecast due to challenges in Europe and Asia. The automaker swung to a loss in Europe in the second quarter.
Ford lowered its full-year earnings forecast due to challenges in Europe and Asia and said CEO Jim Hackett's global restructuring efforts could result in charges totaling $11 billion over the next three to five years.
Ford lowered its full-year earnings forecast due to challenges overseas and said CEO Jim Hackett's global restructuring efforts could result in charges totaling $11 billion over the next three to five years.
Lee, an Automotive News Rising Star in 2014, announced her mid-August departure on LinkedIn, saying she doesn't "know what's next" but she's "excited for it."
Dana profits are swelling as new contracts kick in.
Sergio stories: 'Heartbreaking' day for FCA; Analyst: 'A light has gone out'; Wit, wisdom and one final frustration; Mike Jackson's special memory; Rival CEOs pay tribute.
Lithia's profits and revenue are up as the company continues to grow through acquisitions.
Doug Jones, an Alabama Democrat, and Lamar Alexander, a Tennessee Republican -- who represent states where foreign automakers build cars -- introduced bipartisan legislation that would bar the Trump administration from imposing up to 25 percent...
Mexican and Canadian officials are optimistic they can reach a NAFTA trade deal with the U.S. in the next several months, even amid sticking points on car production.
President Trump agreed to refrain from imposing car tariffs while the U.S. and European Union launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war.
President Trump agreed to refrain from imposing car tariffs while the U.S. and EU launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war.
President Donald Trump said the U.S. and the European Union would "resolve" both the hefty tariffs the U.S. had placed on imports of steel and aluminum from the EU and the tariffs Europe had slapped on U.S. goods in response.
President Donald Trump said the U.S. and the European Union would "resolve" both the hefty tariffs the U.S. had placed on imports of steel and aluminum from the EU and the tariffs Europe had slapped on U.S. goods in response.
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
The latest auto news, reviews, prices, product and vehicle releases.