News
Crosstrek redesigned to take on newcomers
29 July 2017, 08:00When the Subaru Crosstrek debuted in 2012, the subcompact crossover segment was a fledgling one. Five years later, both the model and segment have changed.
Hyundai sees salvation in '18 Sonata
29 July 2017, 08:00New sheet metal, a revised trim and pricing strategy and a focus on refinement round out the Hyundai Sonata's notable upgrades. But they can do only so much to change the car's fortunes.
Ford to repair U.S. police vehicles after carbon monoxide concerns
29 July 2017, 08:00Ford said it will pay to repair police versions of its Ford Explorer SUVs to correct possible carbon monoxide leaks that may be linked to crashes and injuries.
Big U.S. auto discounts are bane to Asian automakers' profits
28 July 2017, 08:00Asian carmakers are taking hits to their profits from having to spend more to move metal in America. Nissan and Hyundai both said higher U.S. incentives dented Q2 profits.
U.S. upgrades probe into 1.33 million Ford Explorers over exhaust odors
28 July 2017, 08:00NHTSA is upgrading a probe into 1.33 million Ford Explorer SUVs over reports of exhaust odors in vehicle compartments and exposure to carbon monoxide that may be linked to crashes and injuries.
Visteon offsets U.S. slowdown with sales gains in China
28 July 2017, 08:00Visteon Corp. said net income ramped up during the second quarter as the supplier offset a slowdown in the U.S.
Musk risks missing the mainstream if Model 3 strays from $35,000
28 July 2017, 08:00Tesla's Model 3 handover party is Friday, but the $35,000 price tag is just a starting point. Many mainstream buyers will still find the electric sedan out of reach.
Wells Fargo to refund $80 million to car loan customers
28 July 2017, 08:00Wells Fargo said it would reimburse about $80 million to 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance.
FCA Q2 operating profit rises 15%
27 July 2017, 08:00Fiat Chrysler's second-quarter operating profit rose 15 percent to $2.19 billion, despite roughly flat shipments and revenue. FCA was able to do so with higher margins in North America and gains at Maserati.
KKR to acquire auto assets from S. Korea's LS Group for $943 million
27 July 2017, 08:00Corporate buyout firm KKR said it agreed to buy auto parts and materials businesses from South Korea's LS Group for 1.05 trillion won ($943 million).