News 
Nissan posts 13% drop in Q1 profit on higher expenses, incentives
27 July 2017, 08:00Nissan posted a 13 percent drop in quarterly operating profit, as a rise in marketing and selling expenses, including incentives, offset a rise in global vehicle sales.
For GM and Ford, home is where the profits are
27 July 2017, 08:00North America is increasingly where the earnings are for Detroit's biggest automakers. But that's a source of heartburn as U.S. sales stall after seven straight years of growth.
Ford profit edges up on lower tax rate
26 July 2017, 08:00Ford posted second-quarter net income of $2.04 billion, up 3.7 percent from the same period a year ago because of a favorable tax rate. Revenue rose slightly to $39.85 billion.
Hyundai faces weak outlook as U.S., China woes persist, dent Q2 results
26 July 2017, 08:00Hyundai posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political headwinds hit sales in China and slow U.S. demand continues.
Asbury Automotive exits its used-only operations
26 July 2017, 08:00Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.
Musk says Facebook's Zuckerberg naive about AI
26 July 2017, 08:00Elon Musk insulted rival billionaire Mark Zuckerberg on Tuesday, escalating a tech wizard war of words over whether robots will become smart enough to kill their human creators.
BMW's Willisch to retire Aug. 1 as Americas chief
26 July 2017, 08:00After 21 years with BMW, including six in the U.S., Ludwig Willisch will retire as the company's Americas chief as of Aug. 1. The retirement of Willisch, 61, had been expected.
Tesla buyers antsy for Model 3 keys months after $1,000 deposit
25 July 2017, 08:00Thousands of Tesla Model 3 reservation holders are in limbo, with deposits paid but little clarity about the status of their car -- when they'll get it or what they'll pay.
GM Q2 net drops 42% on Europe restructuring
25 July 2017, 08:00General Motors said its net income dropped 42 percent to $1.66 billion in the second quarter, primarily because of the pending sale and restructuring of its European operations.
Mitsubishi quarterly operating profit rebounds following scandal
25 July 2017, 08:00Mitsubishi's operating profit surged nearly fivefold in the latest quarter, rebounding from a year earlier when earnings were broadsided by a fuel economy scandal.