Hyundai's first-quarter net profit halved as bleak U.S. and China sales, a strong South Korean currency and labor union strikes dragged on the automaker's earnings.
VW Group posted a 3.6 percent drop in first-quarter operating profit but optimism over its new CEO, Herbert Diess, and lower diesel emissions scandal provisions lifted its shares.
Magna, and its partner, Innoviz Technologies, will supply BMW with solid-state lidar for the automaker's upcoming autonomous vehicle platforms.
AutoNation's Mike Jackson, Toyota's Kiichiro Toyoda, Magna's Frank Stronach and Car Talk's Ray and Tom Magliozzi will be inducted into the Automotive Hall of Fame.
AutoNation's Mike Jackson, Toyota's Kiichiro Toyoda, Magna's Frank Stronach and Car Talk's Ray and Tom Magliozzi will be inducted into the Automotive Hall of Fame.
Ford plans to stop selling all Ford brand sedans in North America and is nearly doubling its cost-cutting target from a plan laid out only six months ago. The automaker said it will either fix or eliminate unprofitable global operations.
Ford plans to stop selling all Ford brand sedans in North America as it nearly doubled its cost-cutting target. The automaker said it will either fix or eliminate unprofitable portions of the business.
AutoNation added the first academic and second woman to its board composed entirely of outside directors under CEO Mike Jackson.
Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the automaker's excess emissions, court documents show.
Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show.
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.
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.
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.
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.
News
25 Apr, 2018
Another electric MINI is in the pipeline, but it won’t be coming to the UK
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.
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.
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.
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.
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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