FCA Q2 operating profit rises 15% on N.A., Maserati gains
Fiat Chrysler's second-quarter operating profit rose 15 percent to $2.19 billion, despite roughly flat shipments and revenue.
For GM and Ford, home is where the profits are
North America is increasingly where the earnings are for Detroit's biggest automakers. But that's a source of heartburn as U.S.
VW profit jumps as core brand pushes cost cuts, models
VW Group's profit jumped to 4.55 billion euros ($5.34 billion) in the second quarter, helped by cost cuts and higher-margin new models at its core VW brand.
U.K. to ban sales of gasoline, diesel cars starting 2040
The United Kingdom, aiming to reduce harmful NOx emissions, is the latest European country after France to focus on electric vehicles for future transportation.
Ex-FCA labor chief Iacobelli, widow of UAW VP charged in lucrative conspiracy
Nissan posts 13% drop in Q1 profit on higher expenses, incentives
Nissan posted a 13 percent drop in quarterly operating profit, as a rise in marketing and selling expenses, including incentives, offset a rise in global vehicle sales.
Daimler earnings rise as cartel allegations cloud gains
Daimler, reeling from allegations of decades-long collusion with other German automakers, reported a 15 percent jump in second-quarter profit as its Mercedes brand delivered...
N.Y. weighs 'textalyzer' to combat distracted driving
Imagine a Breathalyzer, but instead of measuring your blood-alcohol level, it measures your cellphone activity while behind the wheel.
KKR to acquire auto assets from S. Korea's LS Group for $943 million
Corporate buyout firm KKR said it agreed to buy auto parts and materials businesses from South Korea's LS Group for 1.05 trillion won ($943 million).
Lear Q2 net rises 10% to $312 million
Lear posted a 10 percent increase in profit for the second quarter from growth in seating revenue and higher margins. The supplier reported net income of $311.9 million.
U.S. House votes to kill CFPB rule barring mandatory arbitration in lending disputes
The House voted 231 to 190 along strict party lines to kill a CFPB rule barring financial institutions from forcing customers to agree to take future disputes to arbitration.
Uber lawyers should be booted after aiding cover-up, Waymo says
Waymo claims Uber had an accomplice in the theft of invaluable driverless technology trade secrets -- the ride-hailing giant’s own lawyers.
Porsche repeats as most appealing brand, Power says
Luxury brands again dominate the top spots in J.D. Power's latest study of new-vehicle appeal. Genesis debuted at No.
Hyundai faces weak outlook as U.S., China woes persist, dent Q2 results
Hyundai posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political...
Asbury Automotive exits its used-only operations
Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.
GM launching over-the-air updates 'before 2020,' Barra says
GM CEO Mary Barra said the company plans to launch a new electrical vehicle architecture and infotainment system capable of over-the-air updates "before 2020."
VW exec Oliver Schmidt expected to plead guilty in emissions cheating case
Oliver Schmidt, one of the eight VW executives charged in the automaker's diesel emissions scandal, plans to plead guilty on August 4 in U.S.
U.S. may revise 2021 fuel efficiency standards, freeze targets
The Transportation Department said it may revise auto fuel efficiency requirements starting with the 2021 model year, a year earlier than previously disclosed, and could...
GM faces earnings test as several plants retool
The discipline that helped GM beat Wall Street expectations for nine consecutive quarters will be put to the test in the coming months because several of its most profitable...
Tesla buyers antsy for Model 3 keys months after $1,000 deposit
Thousands of Tesla Model 3 reservation holders are in limbo, with deposits paid but little clarity about the status of their car -- when they'll get it or what they'll pay.
Toyota plans long-range, fast-charging electric cars, paper says
Toyota is working on an electric car that will use solid-state batteries to significantly increase driving range and reduce charging time, a Japanese newspaper reported.
Restated FCA sales show some big swings
A review of the data points to a company that either didn't accurately know what it was selling month to month or was playing fast and loose with its fleet sales.
Giving in to Demon temptation
Some, but not all, Dodge dealers are seeking market adjustments that would nearly double the price for the limited-edition drag racer.
BMW's Willisch to retire Aug. 1 as Americas chief
After 21 years with BMW, including six in the U.S., Ludwig Willisch will retire as the company's Americas chief as of Aug. 1.
Subaru sets modest price hike for '18 Impreza
Subaru's fifth-generation Impreza is off to a strong start in the U.S. after a redesign last year, and the automaker isn't changing the starting price much for the 2018 model.
Mitsubishi quarterly operating profit rebounds following scandal
Mitsubishi's operating profit surged nearly fivefold in the latest quarter, rebounding from a year earlier when earnings were broadsided by a fuel economy scandal.
VW CEO raps Porsche labor boss over Audi criticism
VW Group CEO Matthias Mueller criticized Porsche's labor chief over public remarks about Audi's management in a sign of growing tensions within the automaker.
U.S. reviews allegations that German automakers colluded, report says
Justice Department officials are looking into allegations that BMW, VW Group and Daimler colluded on technology, strategy and parts to gain an advantage over rivals,...
Former GM exec Bo Andersson to lead Yazaki Europe
Former GM purchasing chief Bo Andersson has returned to the auto industry to lead European operations for Japanese auto supplier Yazaki.
Israeli settles Mobileye insider trading case with U.S. regulators
An Israeli professor has agreed to pay more than $850,000 to settle U.S. claims he engaged in insider trading in Jerusalem-based Mobileye before its takeover by Intel.