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Ford Q2 net soars 44% for strongest auto profit in 15 years

DETROIT -- Ford Motor Co. today posted its largest-ever North American quarterly profit and its best automotive profit since 2000, as net income rose 44 percent in the second quarter. And, most notably, it managed that gain without any additional ... 7:00 am U.S. ET | July 28 | UPDATED: 7/28/15 4:15 pm ET - adds stock close

GM's new powertrain boss, with bases covered, aims for high batting average

DETROIT -- Fast is a good word to describe Dan Nicholson, who was promoted late last year to head General Motors’ powertrain operations worldwide. He drives a fast car, a Camaro convertible. He walks fast and he talks fast. As vice ... 12:00 pm U.S. ET | July 28

Ford posts strongest Q2 auto profit in 15 years but Europe swings to loss

DETROIT -- Ford Motor said its second-quarter earnings increased 44 percent from a year earlier to $1.9 billion, marking the best quarterly profit from its automotive business since 2000, despite continuing losses in Europe and South America. The ... July 28, 2015 13:00 European CT | UPDATED: July 28 15:20 CET - adds Europe details

GM plans $5B vehicle family for emerging markets

General Motors is planning to spend $5 billion over the next several years to develop a new range of technology-rich small cars, based on a common architecture, that will be built and sold under the Chevrolet name in China, Brazil, India, Mexico and ... 12:01 am U.S. ET | July 28

Daimler, Renault-Nissan detail plans for Mexico JV plant

FRANKFURT (Reuters) -- Daimler and the Renault-Nissan Alliance said their new plant for Mercedes-Benz and Infiniti cars in Aguascalientes, Mexico, will employ some 3,600 staff and have an initial production capacity of more than 230,000 vehicles. ... July 28, 2015 19:44 European CT

Honda readies more sporty, luxurious Civic

With the official debut of Honda’s redesigned Civic just a few months away, the latest spy shots show the 10th-generation model will come with luxury features normally reserved for fancy German sedans, not practical Japanese family cars. ... 11:00 am U.S. ET | July 28

VW passes Toyota for global sales lead in first half

TOKYO (Bloomberg) -- Volkswagen Group surpassed Toyota Motor Corp. to become the biggest automaker by deliveries in the first half, putting the company on track to capture the worldwide sales crown three years ahead of its target. Toyota sold 5.02 ... 2:26 am U.S. ET | July 28

VW passes Toyota for global sales lead in first half

(Bloomberg) -- Volkswagen Group surpassed Toyota Motor to become the biggest automaker by deliveries in the first half, putting the company on track to capture the worldwide sales crown three years ahead of its target. Toyota sold 5.02 million ... July 28, 2015 08:26 European CT

Jeep fuel-tank fire death verdict slashed to $40 million

NEW YORK (Reuters) -- A judge in Georgia has reduced a $150 million award to $40 million for the family of a young boy killed when the 1999 Jeep Grand Cherokee in which he was riding was rear-ended and burst into flames, according to orders released ... 4:46 pm U.S. ET | July 28

Hyundai compact truck based on Santa Cruz concept set for approval

Hyundai appears to be edging closer to building a compact pickup to take on the Toyota Tacoma, Nissan Frontier and Chevrolet Colorado and GMC Canyon. Car and Driver reported that Hyundai officials expect to approve for production later this ... 3:15 pm U.S. ET | July 28

Pininfarina, Mahindra will resume sale talks in September, report says

MILAN (Reuters) -- Talks on the sale of indebted Italian car designer Pininfarina to Indian vehicle maker Mahindra & Mahindra will resume after the summer after the parties failed to strike a deal in July, two sources close to the matter said on ... July 28, 2015 16:43 European CT

GM, China's SAIC plan new vehicle family for emerging markets

General Motors and China's Shanghai Automotive Industry Corp. (SAIC) will develop a new range of technology-rich small cars, based on a common architecture, that will be built and sold under the Chevrolet name in China, Brazil, India, Mexico and ... July 28, 2015 06:01 European CT

Daimler, Renault-Nissan detail plans for Mexico JV plant

FRANKFURT (Reuters) -- Daimler and the Renault-Nissan Alliance said today their new plant for Mercedes-Benz and Infiniti cars in Aguascalientes, Mexico, will employ some 3,600 staff and have an initial production capacity of more than 230,000 ... 1:44 pm U.S. ET | July 28

GM prices diesel Chevy Colorado from $31,700

DETROIT -- The diesel-powered Chevrolet Colorado will be priced from about $31,700 to $38,700, including destination charge, when it debuts this fall. Chevy will offer the 2.8-liter Duramax diesel in mid- and upper-trim LT and Z71 crew cab models, ... 9:00 am U.S. ET | July 28 | UPDATED: 7/28/15 9:35 am ET - adds GMC Canyon pricing

GM prices diesel Colorado from $31,700; towing capacity set at 7,700 pounds

DETROIT -- The diesel-powered Chevrolet Colorado will be priced from about $31,700 to $38,700, including destination charge, when it debuts this fall. Chevy will offer the 2.8-liter Duramax diesel in mid- and upper-trim LT and Z71 crew cab models, ... 9:00 am U.S. ET | July 28

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