With Los Angeles Clippers owner Donald Sterling banned for life from the NBA for making racially insensitive comments, the door appears open for corporate sponsors such as Kia Motors America and CarMax to one day return to the team.
Tesla Motors is close to naming sites in at least two U.S. states for a planned battery "gigafactory" and will break ground at each to ensure one is ready to supply lithium ion packs within three years.
Even after revealing that it waited years to recall cars in which faulty ignition switches caused airbags to fail, a General Motors document suggests the automaker last month remained reluctant to issue a recall for a long-known problem with airbags on more than 1 million other vehicles.
April 29th is a bittersweet day for Florida Chevrolet dealer George Nahas. A decade ago, Nahas sat in the passenger seat of the last Oldsmobile ever built, a dark red Oldsmobile Alero, as it rolled off the assembly line in Lansing, Mich.
Texas politicians are exchanging high-fives over Toyota's decision to relocate its United States headquarters to Plano. It's undoubtedly a great boon to the state. But will it really prove so good for the politicians' careers?
Many GM dealers said they do not expect to repair all, or even close to all, of the millions of recalled GM vehicles. That’s because many car owners never receive a recall notice, or if they do, they throw it away or forget about it, dealers said.
Transportation Secretary Anthony Foxx asked Congress today to hike the maximum civil penalty for a violation of federal auto safety laws more than eightfold to $300 million to push automakers to more quickly issue safety recalls.
Cummins Inc posted a 20 percent increase in its first-quarter profit and raised its full-year forecast as strong demand for its engines and vehicle components in North America offset weakness in many other parts of the world.
Mercedes-Benz is recalling about 284,000 of its C-class sedans in the United States and Canada because an electrical issue could cause the taillights to dim or fail, according to the company and documents filed with U.S. safety regulators.
PSA/Peugeot-Citroen is offering stock to investors at 6.77 euros a share after selling stakes to Dongfeng Motor and the French state at a higher price. The lower price "is further negative news" for the automaker," according to an analyst.
Brazil's anemic auto market is getting a boost from affluent motorists buying Mercedes and BMW cars. The premium segment grew 32 percent in the first quarter amid total vehicle sales that fell 5 percent.
General Motors CEO Mary Barra comments on lessons from mom; girls who shy away from math; slicing a 10-page policy down to two words; tapping millennials to erase stupid habits; taking regular trips to Silicon... » Watch the Video