Apr
25th
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Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the automaker's excess emissions, court documents show.
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Apr
25th
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Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show.
Apr
25th
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First-quarter net income at Penske Automotive Group soared 31 percent to $108 million, powered by profit gains across all areas of the auto retailer's business.
Apr
25th
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GM plans to reinstate a third shift at its assembly plant in Tennessee to meet growing demand in the United States for crossovers and add production of an all-new Holden version of the GMC Acadia.
Apr
25th
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Ford said it's reorganizing its operations in China by simplifying its distribution network and appointing new leaders to replace the CEO who abruptly left in January.
Apr
25th
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GM is planning for long-term profitability in South America built on the back of draconian cost cutting during Brazil's recession and the same low-cost vehicles it is developing for Chinese markets.
Apr
25th
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Bosch said it would teach 70,000 staff a new code of conduct by the end of this year in an effort to change the "mindset" of the supplier.
Apr
25th
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Bosch said it would teach 70,000 staff a new code of conduct by the end of this year in an effort to change the "mindset" of the supplier.
Apr
25th
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DETROIT -- FCA US, battling a decline in demand for Ram pickups, is offering added incentives to U.S. dealers who add new trucks to their service loaner fleets and count them as sales.
Apr
25th
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FCA US, battling a decline in demand for Ram pickups, is offering added April incentives to dealers in the United States who add new trucks to service loaner fleets and count them as sales.
Apr
25th
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Lithia Motors' first-quarter net grew on strong service and parts and finance results, despite a drop in new-vehicle sales and narrowing gross profit margins.
Apr
25th
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Geely has signed a deal to set up an automatic transmission joint venture with Japan's Aisin Group.
Apr
25th
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Daimler CEO Dieter Zetsche said there was no indication the automaker's largest shareholder, Chinese auto magnate Li Shufu, was planning a hostile takeover, after he took a $9 billion stake in the company earlier this year.
Apr
25th
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Porsche has appealed against the seizure of files by prosecutors during a raid last week on the company's premises related to inquiries into emissions manipulations.
Apr
25th
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Lynk & Co has revealed its first Plug-in Hybrid Electric Vehicle (PHEV) at the Beijing Motor Show.
Apr
25th
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A U.S. House committee has begun a new investigation into allegations of overseas emissions cheating by Volkswagen and is seeking testimony from VW CEO Herbert Diess.