Ford sees lower 2017 profits with most of the hit in Q1
Citing front-loaded product launch costs and engineering expenses, Ford said that much of the year-over-year decline it expects from its 2017 financial performance will occur in the first quarter.
Superior Industries offers $715 million for Europe's Uniwheels
Wheel supplier Superior Industries has launched an offer to buy Uniwheels for around $715 million after winning the support of the German company's biggest shareholder.
Mercedes faces complaint from China's Chery over EQ name
Chinese automaker Chery has filed a complaint with the country's trademark regulator over Mercedes's use of the "EQ" name for a subbrand of electric vehicles, throwing up a potential road block for the German carmaker in the world's largest EV market.
Cost of mpg fuel standards could be 40% lower, report says
Technologies such as turbochargers, advanced transmissions and lighter materials -- aluminum instead of steel, for example -- could reduce fuel efficiency compliance costs by 34 percent to 40 percent per vehicle from 2022-25, the International Council on Clean Transportation said in a new report.
The emissions tester that checked VW sees opportunity in Trump
The Swedish vehicle inspector whose technology identified emissions discrepancies in Volkswagen diesel engines sees Donald Trump as an opportunity-in-waiting.
Uber pledges to fix company's 'Cult of the Individual'
Uber plans to outline diversity goals and publish the results of a sexual harassment investigation over the coming weeks, part of a commitment to fix its corporate culture.
AutoCanada names Mark Warsaba to No. 2 role following president's resignation
AutoCanada appointed Mark Warsaba as its new COO just days after the company's president, Thomas Orysiuk, resigned.
BMW chases volume growth in large cars, less so in small ones
BMW is chasing volume growth mainly in the large car and SUV segments, while the less profitable small car segment is not being pushed as hard, CEO Harald Krueger said.
Geely doubles earnings as Volvo tech boosts sales
China's Geely Automobile posted its biggest profit growth in eight years in 2016, as improved product design and engineering following its 2010 purchase of Volvo helped to propel it to record sales.
Audi board to meet over recent raids, Stadler
Top officials at Volkswagen AG's Audi division will meet next week to discuss a raid by German prosecutors on the carmaker's premises last week and the standing of its embattled CEO, following emissions violations, Reuters reported.
Nissan promotes several key executives in U.S., globally
Nissan North America will promote several US sales, marketing, planning and manufacturing directors and executives, with some receiving new global roles.