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Ford posts 7% drop in Q1 profit, still sees 'breakthrough year'

7:02 am U.S. ET | April 28, 2015 | UPDATED: 4/28/15 8:06 am ET -- adds CFO comments
Ford, which has forecast a "breakthrough year" for itself after remaking a large swath of its global lineup, today said its first-quarter net income fell 6.... Read More »

Honda fiscal Q4 operating profit falls 32% on recall costs, flat car sales

6:08 am U.S. ET | April 28, 2015
Tepid sales and a barrage of recall costs hammered profits at Honda in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales.... Read More »

 
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Civil settlements surpass $260 million in supplier price-fixing litigation

10:50 am U.S. ET | April 28, 2015
Civil settlements recently have exceeded $260 million in federal litigation stemming from the ongoing US criminal antitrust investigation into...... Read More »

Daimler profit surges 41% on record Mercedes sales

2:15 am U.S. ET | April 28, 2015
Daimler said first-quarter operating profit surged 41 percent on the effects of new model launches and record sales of Mercedes cars.... Read More »

Aston Martin mulls plant in Alabama to be near Mercedes

4:42 am U.S. ET | April 28, 2015
Aston Martin is considering a U.S.... Read More »

NEWS ANALYSIS

After Piech quits, VW's search begins for perfect chairman

12:01 am U.S. ET | April 28, 2015
After Ferdinand Piech's resignation as chairman, VW's supervisory board has an opportunity to give stakeholders and investors clarity regarding the...... Read More »

Denso forecasts profit growth on higher Asia sales

11:10 am U.S. ET | April 28, 2015
Denso, the world's second-biggest auto supplier based on revenue, forecast a 7 percent rise in operating profit for the year ahead, citing an...... Read More »

Toyota plans $4.2 billion share sale to fund fuel cell r&d

6:55 am U.S. ET | April 28, 2015
Toyota plans to replace as much as 500 billion yen ($4.... Read More »

McLaren vows to stay independent as it pushes to boost sales

6:11 am U.S. ET | April 28, 2015
McLaren plans to stay independent to take advantage of its nimbleness as it competes with rivals including Lamborghini and Ferrari.... Read More »

LEADERSHIP CRISIS AT VOLKSWAGEN

Piech exit to shake up VW's politburo, creating U.S. opportunity

6:00 am U.S. ET | April 27, 2015
The sudden departure of VW Group Chairman Ferdinand Piech may loosen his politburo-style management on the automaker, which could help VW finally...... Read More »

How Hummer maker, Mercedes came together

12:01 am U.S. ET | April 27, 2015
Production of the Mercedes-Benz R class will begin on the line that once made Hummer H2s for General Motors, just a stone's throw from where AM...... Read More »

DIAL IT DOWN

Are automakers addicted to in-car features overload?

12:01 am U.S. ET | April 27, 2015
Automakers are confusing customers by overloading vehicles with an array of infotainment features, many of which are never used.... Read More »

Senate bill would reward workers for reporting safety concerns to regulators

5:31 pm U.S. ET | April 27, 2015
The U.S.... Read More »

GM ignition-switch death toll rises to 90

4:35 pm U.S. ET | April 27, 2015
The death count from General Motors' defective ignition switch has risen to 90, three more than a week earlier.... Read More »

Ford's Sync 3 debut, vehicle launches are out of sync

12:01 am U.S. ET | April 27, 2015
The 2015 Ford Edge has been on sale for only a month, but it's already about to be out-of-date. Ford Motor Co.... Read More »

GM to give Kettering University $4 million for proving ground, powertrain lab

6:38 am U.S. ET | April 27, 2015
Kettering University, which taught General Motors leaders such as CEO Mary Barra, is getting a $4 million gift from the carmaker to build a proving...... Read More »

Lexus reworks ES with bolder looks

12:01 am U.S. ET | April 27, 2015
After surveying customers in China and the U.S.... Read More »

Next BMW i to be based on 5 series, report says

12:01 am U.S. ET | April 27, 2015
BMW will add a plug-in hybrid based on the 5 series to its i subbrand, according to a German auto magazine.... Read More »

VW coupe-style sedan concept previews a new look

12:01 am U.S. ET | April 27, 2015
Volkswagen's C Coupe GTE concept unveiled at the Shanghai auto show would be positioned between the Passat and the Phaeton if produced.... Read More »

Q80 Inspiration concept's design flourishes arrive in Infiniti lineup

12:01 am U.S. ET | April 27, 2015
Futuristic design flourishes from Infiniti's Q80 Inspiration concept are already creeping into the lineup.... Read More »

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