Toyota confirmed it will launch a new compact SUV/crossover in Europe based on its C-HR concept. The car will be built in the automaker's factory in Turkey for European markets starting toward the end of the year.
Penske Automotive today posted mixed results for the fourth quarter as earnings from continuing operations improved but net income fell. The company said continuing operations income rose 4.5 percent to $73 million, but net income dropped 2.6 percent to $71.3 million.
Richfield Bloomington Honda General Manager Tim Carter and his employees helped design a new, three-story dealership next door to their current store in suburban Minneapolis. Carter discussed the new dealership and its focus on service business with Automotive News TV Editor Tom Worobec.
Kia today unveiled the 2017 Optima Hybrid and Optima PHEV alongside the Niro, the company's first dedicated hybrid nameplate. The new models look similar to the Optima, yet they signal the scope of Kia's ambitions.
Land Rover says its Range Rover Evoque created a new niche for sporty premium compact SUVs when the car was launched five years ago. Now wants the convertible variant to do the same in the open-top segment.
Group 1 Automotive reported solid growth in fourth-quarter revenue, thanks to higher vehicle sales, but its profit picture was mixed as a result of tighter margins on new cars, especially luxury vehicles, and a one-time charge related to its chain of dealerships in Brazil.
Porsche easily surpassed its goal of 200,000 annual global sales last year and can now look forward to another year of worldwide growth, Detlev von Platen, the brand's new sales boss, told Automotive News Europe.
Ford of Europe isn't saying which models will next get its upscale Vignale trimline but the brand's two largest SUVs are the top candidates as the automaker plans to expand its Vignale variants to at least five by 2017 from just two now.
Japan's crowded auto industry is poised to look more like other major markets, with three or fewer carmakers left by the end of the decade. That's more than car-loving Germany or the far bigger U.S. market.
The 2017 Armada will no longer share its underpinnings and Mississippi factory with the brawny Titan pickup. Instead, Nissan will produce the 2017 Armada in Kyushu, Japan, on the same Nissan Patrol platform that now yields the luxury Infiniti QX80 SUV.
Tesla set a record for deliveries in the fourth quarter as customers ignored sagging oil prices and bought the Model S sedan, the maker of all-electric luxury cars said as it reported a net loss of $320 million, up from $108 million a year earlier.
The new 2017 Cadillac XT5 will have a base sticker price of $39,990, including shipping, when it hits showrooms in April -- about $1,400 more than its predecessor, the SRX, but considerably less than key competitors in the luxury midsize crossover market.
The Volkswagen Group of America is recalling about 850,000 vehicles due to potentially faulty airbags made by Japanese supplier Takata -- the company at the center of a long-running global safety crisis. BMW added another 840,000 vehicles to the recall.
A U.S. judge today rejected a request to reconsider his approval of a settlement fund to resolve more than a thousand lawsuits over deaths and injuries blamed on an ignition-switch defect that prompted GM to recall 2.6 million vehicles.
Credit unions on CU Direct's lending network originated a record 1.06 million auto loans in 2015, up 13 percent. For the second straight year, the CUDL network was the nation's third-biggest lender based on auto loan originations, trailing only Ally and Wells Fargo.
As automakers race to get robot cars on the road, they're encountering an obstacle very familiar to humans: Old Man Winter. Simple snow can render the most advanced computing power useless and leave vehicles dead on the highway.