GM's Q1 profit surges 34% on North America strength
GM defied a slowdown in the U.S. market in posting its highest first-quarter profit since emerging from bankruptcy.
Hyundai teases design of Kona small crossover
Hyundai began to take the wraps off the Kona subcompact crossover and offered fresh details on the planned launch of a model that will fill a critical gap in the brand's U.S.
Honda forecasts profit drop despite positive quarter
Honda swung back to profitability in the latest quarter as the company put Takata-related recall costs behind it, but a worsening foreign exchange outlook and a one-off...
Apple's autonomous test vehicle photographed in Silicon Valley
Almost two weeks after Apple secured permission to test its autonomous-car technology in California, the first images of the vehicle have been captured on Silicon Valley...
VW will spend billions to strengthen engines portfolio
VW plans to invest billions through 2022 to strengthen its portfolio of combustion engines and electric drivetrains in anticipation of stricter emissions standards in Europe,...
Group 1's first-quarter profits slip on Oil Patch struggles
Group 1 Automotive said first-quarter earnings fell nearly 1 percent, citing weakness in US energy markets that countered an otherwise healthy quarter.
Ford gets visit from Facebook CEO Mark Zuckerberg
Facebook's Mark Zuckerberg, in his first trip to Michigan, stopped by Ford's Rouge Complex and helped build an F-150 pickup truck.
Used-car retailer Carvana's shares skid in debut
Shares of Carvana, which uses vending machine-like towers to sell used cars, plunged as much as 17 percent in their Wall Street debut on Friday.
Uber demotes executive at center of Waymo self-driving car lawsuit
Anthony Levandowsk stepped down from his post overseeing self-driving car technology. Uber said he won't be involved in decisions relating to lidar technology.
Mazda quarterly operating profit plunges 56%
Mazda's operating profit tumbled 56 percent in the latest quarter, as a deteriorating sales mix, foreign exchange rate losses and recall costs undermined results.
Toyota expands connected-car hub in Texas
Toyota Connected, the automaker's global data-science hub, is expanding staff and operations near the company's new North American headquarters in Texas.
Volvo first-quarter profit rises 11%
Volvo reported an 11 percent rise in first-quarter profit as strong demand for its XC60 and 90-series cars gave it a boost.
Kia picks Saad Chehab to lead marketing
Kia -- on the cusp of launching its critical Stinger performance sedan -- has hired former Chrysler advertising whiz Saad Chehab as its new marketing chief.
Tesla's Klaus Grohmann ousted after clash with Elon Musk
Klaus Grohmann was ousted last month after a clash with CEO Elon Musk over the strategy of Grohmann's firm, which Tesla had acquired in November, Reuters reported.
SiriusXM acquires connected-vehicle services company for $115 million
SiriusXM reached further into connected-vehicle services by completing the acquisition of Automatic Labs for $115 million in cash.
Magna's reach in China grows through joint seating venture
Magna International has expanded its reach in China through a joint seating venture with Hubei Aviation Precision Machinery Co.
Autoliv posts higher Q1 profit but warns on North America, China
Autoliv reported an increase in first-quarter earnings but flagged uncertainties relating to light vehicle production growth, including high inventory levels and slower sales...
Toyota recalls 228,000 Tacomas in U.S. for differential oil leaks
Toyota Motor North America is recalling about 228,000 2016 and 2017 Toyota Tacoma midsize pickups in the U.S. because their rear differentials may leak oil.
Ford profits fall on recall charges, higher costs
Ford reported first-quarter net income of $1.6 billion, down $900 million from a year earlier, as revenue rose and profit margins shrank. Pretax earnings were $2.
Ally's Q1 net falls 14 percent on increased loan-loss provision
Ally Financial's first-quarter net income dropped 14 percent from a year earlier primarily because of an increased provision for auto losses
Visteon triples Q1 net income
Visteon reported that its first-quarter net income more than tripled, reflecting higher electronics production volume and new business, as well as income from discontinued...
BorgWarner Q1 gains driven by organic growth
BorgWarner delivered strong first-quarter earnings driven by organic revenue growth, and the supplier said it is confident in continued market-share expansion.
Wells Fargo, JPMorgan wary of auto loans, pack them in bonds
Depending whose money they're using, Wells Fargo and JPMorgan Chase either love subprime car loans or fear them.
Ford's loss on canceled Mexico plant will be lower than expected
Ford's loss on its aborted Mexico plant in San Luis Potosi totaled $153 million, 23 percent less than it had originally booked.
Kia plans $1.1 billion plant in India
Kia Motors signed a deal to invest about $1.1 billion to build its first factory in India, aiming to tap a fast growing market at a time when its China sales are sagging.
Asbury's Q1 net rises 9.7% on F&I, parts and service gains
Asbury Automotive Group's first-quarter net income climbed 9.7 percent to $34 million on parts and service and finance and insurance gains, as revenue held flat.
Valeo sales rise 22% on fuel-saving, self-driving tech
Valeo's quarterly sales rose 22 percent to outpace global vehicle production in all regions as the French supplier reiterated its upbeat 2017 goals.
Automakers to meet with U.S. transportation, EPA chiefs
Major automakers were scheduled to meet with the chiefs of the US Transportation Department and Environmental Protection Agency as the agencies begin a review of federal fuel...
Takata stock trading suspended after reported bankruptcy filing plan
Takata stock trading was suspended in Japan after a newspaper report that the embattled auto supplier was considering filing for bankruptcy protection.
Detroit auto show to open mobility showcase to public
The North American International Auto Show plans to expand its mobility and technology showcase, Automobili-D, to the public next year with a focus on talent recruitment.