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VW boosts Q2 profit on Europe recovery but lowers sales forecast as China slows

3:27 am U.S. ET | July 29, 2015
Volkswagen posted higher quarterly profit on a strengthening European recovery and cost cuts but lowered its global sales forecast amid a slowdown in China and challenging markets in Russia and South America.

Aston Martin looks at more than 10 sites for new factory

12:01 am U.S. ET | July 28, 2015
Aston Martin is reviewing more than 10 sites in Europe, the U.S. and other global locations for a new factory to build its first crossover.

VW passes Toyota for global sales lead in first half

2:26 am U.S. ET | July 28, 2015
Volkswagen surpassed Toyota to become the biggest automaker by deliveries in the first half.

Mitsubishi will focus production on Japan, Russia, S.E. Asia after closing U.S. plant

2:42 am U.S. ET | July 27, 2015
Mitsubishi will focus production on Japan, Russia and Southeast Asia after closing its U.S. plant, the automaker's president, Tetsuro Aikawa, said.

Daimler profit jumps 54% on Mercedes growth

1:39 am U.S. ET | July 23, 2015
Daimler's second-quarter profit jumped 54 percent, the highest for any three-month period at the carmaker, as Mercedes outpaced rival luxury brands...

Weak U.S., China sales dent Hyundai earnings

1:54 am U.S. ET | July 23, 2015
Hyundai's net profit slumped for the sixth quarter in a row as weak sales in key markets, including the U.S.

Mercedes bid for Nokia maps unit driven by hacking concerns, Zetsche says

6:17 am U.S. ET | July 23, 2015
Daimler CEO Dieter Zetsche said a desire to have better control over data security is one of the reasons Mercedes is joining a consortium of German...

Mini, Subaru, Scion improve the most in J.D. Power APEAL Study

10:00 am U.S. ET | July 22, 2015
Mini, Subaru and Scion had the biggest improvements in J.D. Power's latest study of new-vehicle appeal.

Audi to replace China chief amid drop in sales

7:27 am U.S. ET | July 22, 2015
Audi will replace the head of its Chinese operations, Dietmar Voggenreiter, as the carmaker grapples with an accelerating sales decline in its No.

Fiat Chrysler, Guangzhou Auto plan joint venture for sales in China

4:41 am U.S. ET | July 21, 2015
Fiat Chrysler and Guangzhou Automobile will create a joint venture to integrate sales and marketing for the Fiat, Chrysler and Jeep brands in China.

BMW, Audi, Mercedes near deal to buy Nokia maps unit

6:55 am U.S. ET | July 21, 2015
Nokia is nearing an agreement to sell its maps business to BMW, Audi and Mercedes, with a decision possible as early as next week, sources said.

Faurecia explores sale of bumpers unit, report says

4:26 am U.S. ET | July 21, 2015
Faurecia is exploring a sale of its bumpers business, sources said, as the supplier seeks to free up resources to fund expansion in China.

Ad agency's viral-video goal: Surprise, create buzz

12:01 am U.S. ET | July 20, 2015
Using the Car Lister auto-buying service is as easy as lifting the front wheels of a Ford Escape taxi off the ground.

Mercedes revamps supply chain, logistics to trim costs

4:24 am U.S. ET | July 19, 2015
Mercedes aims to reduce logistics costs by about 20 percent per vehicle under a sweeping reorganization of its global supply chain network.

Opel will shorten hours at two German plants

11:29 am U.S. ET | July 17, 2015
General Motors' Opel will shorten working hours at two German plants after exiting the plunging Russian auto market and because of moderate demand in...

Land Rover extends Defender output

4:43 am U.S. ET | July 17, 2015
Jaguar Land Rover could extend production of its current-generation Land Rover Defender in Solihull, England, into early next year as it mulls where...

Magna agrees to buy Getrag for $1.9 billion to expand in transmissions

7:29 am U.S. ET | July 16, 2015
Canada's Magna International agreed to buy German manufacturer Getrag for $1.

VW, others explore return to Iran after nuclear sanctions lift

8:48 am U.S. ET | July 16, 2015
Volkswagen and other European automakers have taken the first steps to entering Iran after the Islamic Republic's nuclear accord with the West...

Chevy sticks with Kid Rock amid Confederate flag controversy

10:48 am U.S. ET | July 15, 2015
General Motors will still sponsor the Kid Rock summer tour, despite the performer's support of the Confederate flag, the company confirmed today.

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