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Nov
2nd

Study predicts slow, steady rise of electric vehicles to 2030

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Pure electric vehicles will not begin to gain serious traction in most global markets until after 2025, according to a new study.
Nov
2nd

A healthy market with hurdles

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Automakers have adapted to a declining market, but the challenges will continue to grow entering 2018.
Nov
2nd

House tax reform plan would kill $7,500 EV credit, phase out estate tax

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Tesla, GM and other carmakers pushing to boost EV sales were dealt a blow by House Republicans who proposed eliminating a $7,500 per vehicle tax credit that has aided EV sales in the U.S.
Nov
2nd

Chinese-owned SF Motors finalizes acquisition of AM General’s Indiana plant

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Chinese-owned SF Motors has completed its acquisition of AM General's commercial assembly plant in Mishawaka, Ind.
Nov
2nd

Tesla losses prompt some caution from analysts

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Tesla posted its largest quarterly loss in company history on Wednesday. Here's how some analysts reacted.
Nov
2nd

Mazda boosts first half sales and profits

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Mazda Motor Corporation Global said fiscal first half year sales rose 7% year on year to JPY1.66 trillion (EUR13.1bn), while net income increased 13% to JPY63.3bn (EUR502m).
Nov
2nd

GM, Ford ‘cooperating’ with feds as probe into UAW training centers widens

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General Motors and Ford said they are "cooperating" with federal investigators who have subpoenaed information about jointly operated training centers with the UAW.
Nov
2nd

PSA’s DS aims for top brand billing

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Citroen's upscale DS division is aiming to become one of the top global luxury brands, up there with other French icons such as Hermes, Gucci and Chanel.
Nov
2nd

Delphi Q3 net incomes surges 35%

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Delphi Automotive reported higher third-quarter profits on growing demand for electrification and advanced fuel technologies, and the supplier raised its full-year revenue and earnings outlooks.
Nov
2nd

Peugeot, Citroen power ahead as German sales rise 4%

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PSA's mainstream brands, Peugeot and Citroen, powered ahead in a German market up nearly 4 percent last month while the French automaker's newly acquired Opel brand saw sales decline.
Nov
2nd

Peugeot, Citroen gain as German sales rise 4%

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PSA's mainstream brands, Peugeot and Citroen, powered ahead in a German market up nearly 4 percent last month while the French automaker's newly acquired Opel brand saw sales decline.
Nov
2nd

German market’s 4% growth helps Peugeot, Citroen but Opel drops back

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PSA's mainstream brands, Peugeot and Citroen, powered ahead in a German market up nearly 4 percent last month while the French automaker's newly acquired Opel brand saw sales decline.
Nov
2nd

US car sales down 1.3% in October

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Data released by Autodata shows that the US light vehicle market declined by 1.3% in the month of October to an estimated 1.35m units. Analysts had been predicting a small fall.
Nov
2nd

Analysts say Tesla should stop ‘overpromising’

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Electric car maker Tesla is attracting attention on Thursday after last night announcing a record quarterly net loss plus production delays and problems at its car and battery factories. One analyst has been quoted as saying company chief Elon Musk should stop 'overpromising' and his company could need more finance.
Nov
2nd

Audi recalling 5,000 diesel V8s in Europe

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Volkswagen's premium brand Audi is recalling almost 5,000 cars across Europe to fix excessive nitrogen oxide (NOx) emissions.
Nov
2nd

Volvo’s October sales rise 5% as China, U.S. demand offsets drop in Europe

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Volvo's global sales rose 5.3 percent in October, as gains in the U.S. and China helped offset losses in other key markets including Europe.
Nov
2nd

Ferrari Q3 earnings jump 13% on new models

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Ferrari said its third-quarter earnings rose 13 percent to 266 million euros ($310 million), helped by sales of its 12-cylinder models such as the GTC4Lusso and LaFerrari Aperta.
Nov
2nd

AutoNation to provide service to Waymo’s self-driving cars

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AutoNation is partnering with Waymo, Google's self-driving car affiliate. For starters, the retailer will service vehicles in Phoenix and northern California.
Nov
2nd

AutoNation Q3 net income falls after back-to-back hurricanes

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AutoNation's net income and revenue fell in the third quarter due to the impact of Hurricanes Irma and Harvey, but the company continued to build its used-car and collision businesses.
Nov
2nd

Audi will recall diesel A8s as German watchdog suspects emissions manipulation

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Audi said Germany's transport watchdog is looking at whether it manipulated NOx emissions in its flagship A8 sedan. It said it will recall nearly 5,000 A8 models in Europe fitted with V-8 diesel engines.
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