News

GM posts Q3 loss on Europe sale; operating profit falls 31%

24 October 2017, 08:00
Charges related to General Motors' sale of its European operations crippled third-quarter results, while its continuing operations also declined due to cuts in vehicle production.

Auto industry to Trump: 'We're winning with NAFTA'

24 October 2017, 08:00
Major automakers, suppliers and auto dealers are launching a new coalition Tuesday to urge President Donald Trump not to withdraw from NAFTA.

FCA boosts Q3 profits on stronger North America margins

24 October 2017, 08:00
FCA reported a 17 percent jump in third-quarter adjusted operating profit, helped by its key North American market. Adjusted earnings rose to $2.1 billion. Net income was $1.1 billion.

Nissan's big vision: Rolling Titan into global markets

24 October 2017, 08:00
Still in launch mode for the Titan pickup in the U.S. market, Nissan is contemplating selling the full-size truck to various global markets.

Kobe Steel plant under inspection by Japan ministry, report says

24 October 2017, 08:00
One of the Kobe Steel plants at the heart of a product data cheating scandal is being inspected by Japan's transport ministry, Kyodo News reported

Auto supplier stocks jump on report Tesla to fully own plant in China

23 October 2017, 08:00
Suppliers' shares jumped after the Wall Street Journal reported that Tesla reached an agreement with Shanghai's government to build a plant in the city's free-trade zone.

Tesla could play role in modernizing Puerto Rico's battered electric grid

23 October 2017, 08:00
A Puerto Rican official who has been in talks with Tesla said the island is serious about transforming its energy infrastructure after it was leveled by Hurricane Maria.

Ford rolls out more upgrades as freshened Mustang nears dealers

23 October 2017, 08:00
Ford is working to generate buzz about the freshened 2018 Mustang, which goes on sale this month, with a variety of upgrades.

Land Rover dealer's suit says his territory is too big

23 October 2017, 08:00
Land Rover Orlando claims the area it is responsible for is so large, it can't meet sales targets.

GM supply numbers still show some trouble spots

23 October 2017, 08:00
General Motors has aggressively cut inventory and production levels this year amid plateauing U.S. sales and pressure from Wall Street to align production with demand. But it may not be done downsizing its operations just yet.
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