Ford dropping C-Max in U.S.
Ford's decision ends a six-year run for a once-promising nameplate doomed by sluggish electrified vehicle demand and overstated mileage claims.
VW earmarks $11.8 billion to develop, build China EVs
VW plans to spend nearly $12 billion by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with stringent new rules in China.
Dealers crucial for vehicle purchase, J.D. Power study finds
Online tools may make it easier for consumers to shop for vehicles and products at home, but interacting with a salesperson is a key component of high customer sales satisfaction, a J.D. Power study finds.
Vehicle sales to drop as ride-hailing booms -- IHS Markit study
Annual vehicle sales in the United States, Europe, China and India will decline to 54 million in 2040 from 67 million now, an IHS Markit study said.
Nissan softens its targets through '22
Nissan CEO Hiroto Saikawa is steering away from the aggressive numerical goals of his predecessor, Carlos Ghosn, and toward more fuzzy ones. In the key U.S. market, the softening of hard targets could spell some relief for dealers.
Fleets offer window into EV economics
Adding electric power to work vehicles could help pave the way to broader acceptance of plug-in vehicles among the general public.
Safety first for next auction group leader
NAAA's board is expected to vote on mandatory safety standards for auction members at this month's annual convention, changing how buyers can act in the lane.
Demand helps stocks normalize
Storm replacement sales in September and October helped automakers trim inventory to normal levels for the first time since winter.
Toyota’s profits rise despite a softer U.S.
Toyota sounded the alarm about deteriorating conditions in the U.S. even as it logged increased quarterly profits and lifted its full-year earnings outlook.
Sliding wholesale hurts at Subaru
Subaru is on pace for a ninth-straight year of record retail sales in the U.S., but sliding wholesale volume is denting the Japanese company's profitability.
BMW, Mercedes, Porsche face fines over breach of S. Korea emissions rules
South Korea plans to impose a combined fine of 70.3 billion won ($63.1 million) on BMW, Mercedes and Porsche, citing violation of emissions rules.
VW names agency exec Zabel to head U.S. marketing
Volkswagen of America named a California advertising agency executive as vice president of marketing. Jim Zabel, managing director of Omni Advertising in Los Angeles and a former account manager for the Hyundai and Honda brands, will start Nov. 27.
Opel turnaround plan aimed at ending years of losses
Opel's first business plan under its new French owners, PSA, will set out how the German automaker will reach profitability that has eluded the former GM division since 1999.
Expansion costs drag down Carvana's Q3 net
Carvana more than doubled revenue and unit sales in the third quarter but losses mounted as the newly public used-vehicle retailer continued its national rollout.
Ally provides $2 billion in financing to Carvana
Ally Financial is tripling its bet on one of the auto industry's disrupters by committing $2 billion to finance retail contracts for online used-vehicle retailer Carvana over the next year.
Mitsubishi swings to quarterly operating profit
Mitsubishi swung to a quarterly operating profit as cost cuts and favorable exchange rates helped it to rebound from a mileage-cheating scandal.
BMW loses ground to Mercedes as Q3 earnings fall on investment costs
BMW's third-quarter pretax profit fell 5.9 percent as the automaker warned it needs to continue with "significant" upfront investments for new models including EVs.