Ultraluxury car companies project an image of perfection, but their cash flow used to be as unreliable as the cars they built. That's no longer the case.
Growing sales to brokers, empowered by dealerships' needs to meet stair-step incentive goals, are squeezing dealership margins, particularly in New York.
Ultraluxury car companies project an image of perfection, but their cash flow used to be as unreliable as the cars they built.
A new agreement could become a template for lowering costs at other car plants that have experienced production declines due to slow-selling products.
PSA CEO Carlos Tavares shook up the industry by purchasing GM's money-losing Opel and Vauxhall brands and vowing to have them turn a profit by 2020. So far, Tavares says, things are on the right track.
Nissan executive design chief Satoru Tai says ample interior space will be a hallmark of future Nissan electric vehicle design as the brand embarks on an EV blitz.
Ford supplier Flex-N-Gate is giving residents of one of America's poorest city neighborhoods dibs on 500 new parts jobs.
Subaru says it needs to reform its corporate culture "from the ground up" after admitting it faked fuel economy and emissions data on vehicles in Japan for at least five years.
The cause of the fire that ripped through a Meridian Magnesium Products plant in Michigan has yet to be determined and it's unclear when the plant will be fully back online.
American Axle said its first-quarter net income rose 14 percent, helped by record sales resulting from its acquisition last year of Metaldyne Performance Group.
Just weeks before Elon Musk held his fractious conference call with Wall Street analysts, he hung up on Washington's top transportation accident investigator.
Here are the details of who is being investigated as part of the Volkswagen emissions scandal in both Germany and the United States.
Here are the details of who is being investigated as part of the Volkswagen emissions scandal in both Germany and the United States.
Production was temporarily halted overnight at Ford's Flat Rock Assembly Plant in Michigan after a worker's leg got pinned in machinery.
American Axle & Manufacturing Holdings, Inc. (AAM) said sales in the first quarter of 2018 increased to US$1.86bn from $1.05bn in Q1 2017.
Toyota plans to spend more than $1 billion upgrading two of its three Ontario assembly plants in order to build the next generation of the RAV4 crossover.
Features
4 May, 2018
Register your interest now for an unforgettable evening with Aston Martin
We're taking a long weekend in the UK - we get Monday 7th May off as a national holiday. It's the May Day (1st) holiday, which - in Britain - is taken on the Monday following the 1st, if it doesn't fall on a Monday.
Although BMW has posted a strong set of first quarter financial results, the company has acknowledged they would have been better but for 'volatile conditions and unfavourable foreign exchange rate effects' (mainly the weaker dollar) and the need for higher investment for 'tomorrow's mobility'.
News
4 May, 2018
Lotus is bridging the slim gap between the 350 and the Cup 430 with the Lotus Exige Sport 410
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