Initial investor feedback has valued Volvo Cars far below owner Zhejiang Geely Holding Group's top-end estimates for a potential listing, people familiar with the matter told Bloomberg.
Initial investor feedback has valued Volvo Cars far below owner Zhejiang Geely Holding Group's top-end estimates for a potential listing, people familiar with the matter told Bloomberg.
Ford said its investments in autonomous-vehicle development are expected to total $4 billion through 2023 and that it has formed a subsidiary devoted to those efforts called Ford Autonomous Vehicles.
Ford said its investments in autonomous-vehicle development are expected to total $4 billion through 2023 and that it has formed a subsidiary devoted to those efforts called Ford Autonomous Vehicles LLC.
Compact crossovers and SUVs are all the rage, especially among luxury brands, and the second-generation Audi Q3 is on the doorstep.
A new hybrid Ferrari engine could be in the works if a new patent uncovered by Autoguide makes it to production.
Hauts de France President, Xavier Bertrand says he would like to be a politician who "talks less but does more," in terms of the automotive industry in his region.
Canadian supplier Multimatic produced just 138 Ford GT supercars for the 2017 model year, well short of a goal of 250. Ford cited inexperience and minor supplier problems.
Electronics are driving the evolution of light vehicles today, and new CEO Mike Manley should make FCA's North American electrical engineering operations the envy of the industry.
The "Peer Cars" beta program allows owners and eligible lessees to rent their 2015 and newer Chevrolet, Buick, GMC or Cadillac cars and trucks to Maven users for cash.
Asbury increased revenue and net income in the second quarter despite continued margin pressure. Gains in its used-vehicle, finance and insurance, and parts and service businesses drove the boost.
The tobacco company Philip Morris International (PMI) has said its board chairman Louis Camilleri will assume the role of CEO of Ferrari S.p.A. It says the 'long-term relationship between our two companies is deep and meaningful and we look forward to continued business collaboration'. Mr Camilleri will continue to serve as non-executive chairman of the PMI board.
Canada fired back at Donald Trump's metals tariffs with dollar-for-dollar retaliation. For autos, it may not be so simple.
Work is underway to trial the UK's first full-sized driverless bus later this year. To start, the bus will be trialled for autonomous operation in a bus depot environment.
Steel and aluminum tariffs could eat up anywhere from about a third to well more than half of tax-cut benefits in 2018, a Bloomberg analysis shows.
Mitsubishi reported a 36 percent jump in operating profit in the latest quarter as the automaker's rebound gathers speed on rising sales in every key market.
The VW Group is apparently lining up a replacement CEO at its Audi brand, because of uncertainty surrounding the current CEO - Rupert Stadler - who is in pre-trial detention in Germany over allegations surrounding emissions tests cheating. Markus Duesmann has been offered a position on the VW Group board, but the position has not yet been given a job title.
Tenneco has announced that its board of directors has selected Brian Kesseler and Roger Wood as the chief executive officers of the aftermarket and ride performance company and powertrain technology company, respectively, the two new independent, publicly traded companies, which will be established in the second half of 2019.
Nissan's e-share mobi car-sharing service will expand to 100 new locations in Japan through a partnership with retailer Kohnan Shoji.
Michelin has recorded half-year net income up 6% to EUR917m (US$1bn), while volume was stable during the same period and rose 2.6% in the second quarter.
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