Business and Finance
Kia tops J.D. Power quality rankings amid shake-upWed, 21, Jun 2017
Kia took the top spot in J.D. Power's annual report card on vehicle quality for a second consecutive year, as industry ratings reached a new record and domestic brands maintained their edge over foreign rivals.
Tesla snubs J.D. Power for Initial Quality Study dataWed, 21, Jun 2017
How do the quality ratings for the 2017 Tesla Model S and Model X compare to competitors? They don't, based off J.D. Power's 2017 U.S. Initial Quality Study.
For thousands of U.S. auto workers, downturn comes fastWed, 21, Jun 2017
After seven straight years of U.S. sales gains, the days when auto assembly and parts plants throughout the Midwest were running flat-out because of high demand for nearly every type of vehicle are over.
Volvo will challenge Tesla, BMW i with stand-alone Polestar brandWed, 21, Jun 2017
Volvo will challenge Tesla and BMW's i subbrand by turning its Polestar unit into a stand-alone brand for high-performance electrified models. The Swedish automaker has picked design chief Thomas Ingenlath to be CEO at Polestar.
No deadline for NAFTA renegotiation, says U.S. trade representativeWed, 21, Jun 2017
Trade Representative Robert Lighthizer said there was no deadline for completing NAFTA trade talks between the U.S., Canada and Mexico.
Lynk & CO boss says simplicity is key to brand's successWed, 21, Jun 2017
Lynk & CO's boss believes the key for the upstart brand's future success is to be “brutally simple."
Volvo eyes even tougher sales targetWed, 21, Jun 2017
Volvo CEO Hakan Samuelsson says the automaker has the potential to exceed its goal of selling 800,000 vehicles annually by 2020. Volvo sold a record 534,332 vehicles last year.
Toyota knows it needs partners to meet mobility services challengeWed, 21, Jun 2017
Toyota is open to partnerships to counter the challenges posed by new mobility companies such as Uber, Executive Vice President Didier Leroy said.
Kia says Stonic will be key conquest modelWed, 21, Jun 2017
Kia said its new Stonic will be a key conquest model for the brand in the booming subcompact crossover segment.
CarMax Q1 net jumps 21% on delayed consumer tax refundsWed, 21, Jun 2017
CarMax's earnings surged 21 percent in its fiscal first quarter on a bump in used-vehicle sales driven by a delay in federal tax refunds.
Cooperation, customer focus key to mobility services successWed, 21, Jun 2017
Cooperation, customer focus and profitability should be priorities as traditional car companies expand into future mobility services such as car-sharing, industry experts said.
EU fines Automotive Lighting and Hella over cartel but Valeo escapes punishmentWed, 21, Jun 2017
The EU fined Automotive Lighting and Hella 27 million euros ($30.1 million) for operating a cartel. Valeo escaped a fine because it revealed the cartel's existence.