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Actor Mark Wahlberg buys Chevy dealership in Ohio

Hollywood star Mark Wahlberg, known for both hit movies and his entrepreneurial efforts in the restaurant and nutrition supplements industries, is getting into the car business.

UPDATED: 7/19/18 4:40 am ET - adds CEO comments, details
Volvo expects record full-year sales despite trade tensions

Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).
■ Volvo shifts XC60 output for U.S. to Europe to avoid Trump's tariffs on China imports

Hyundai launches Iron Man edition of Kona

Hyundai is extending its Marvel collaboration with a special Iron Man edition of the Kona subcompact crossover. The version is scheduled to be unveiled Thursday at Comic-Con in San Diego.

UPDATED: 7/19/18 4:22 pm ET - adds stock close
Convalescing Marchionne likely to miss FCA Q2 earnings call, report says

Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.

UPDATED: 7/19/18 3:14 pm ET - new story
Asahi Kasei to buy interiors supplier Sage for $1.1 billion

Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion.

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UPDATED: 7/19/18 4:40 am ET - adds CEO comments, details
Volvo expects record full-year sales despite trade tensions

Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).


Hyundai launches Iron Man edition of Kona

Hyundai is extending its Marvel collaboration with a special Iron Man edition of the Kona subcompact crossover. The version is scheduled to be unveiled Thursday at Comic-Con in San Diego.

UPDATED: 7/19/18 3:42 pm ET - adds written testimony Auto industry tells Commerce Dept. to ditch tariff proposal

A wide spectrum of auto interests, armed with the latest impact studies, warned at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers.

UPDATED: 7/19/18 10:56 am ET - adds Rhode Island PSA Group eyes 15 possible states for sales

PSA Group has narrowed to 15 states its top picks as possible points of entry for U.S. sales as the French carmaker continues to develop its return to North America.


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