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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. Mitsubishi currently builds cars in Thailand and the Philippines and will open a factory in Indonesia.

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 automakers bidding for Nokia's high-definition mapping business.

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.

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.

Marchionne has no plans for another GM offer

6:16 am U.S. ET | July 15, 2015
Fiat Chrysler CEO Sergio Marchionne does not plan to make another offer to merge with General Motors after being rejected by its U.S.

Toyota will recall 625,000 Prius hybrids for software glitch

5:23 am U.S. ET | July 15, 2015
Toyota will recall about 625,000 Prius hybrids globally, including 120,000 in North America, to fix a software glitch that could shut down the hybrid...

Volvo plans high-performance line with deal for Polestar's tuning arm

4:58 am U.S. ET | July 14, 2015
Volvo acquired Swedish racecar maker Polestar's tuning division and will use the name for an expanded high-performance line to challenge Mercedes-AMG...

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