News
LeEco's billionaire founder pleads for time as creditors circle
06 July 2017, 08:00LeEco Chairman Jia Yueting asked for more time to repay debt and realize his ambitions of disrupting the automobile industry, days after a Chinese court froze billions of dollars in assets controlled by him and associated companies.
Lincoln, Mercedes, Toyota large cars receive top IIHS safety ratings
06 July 2017, 08:00The Lincoln Continental, Mercedes-Benz E class and Toyota Avalon earned top honors among six large cars tested for crashworthiness by the Insurance Institute for Highway Safety. The Tesla Model S fell short in some tests.
VW names veteran Europe exec to steer North America sales, marketing
06 July 2017, 08:00Volkswagen Group of America named a longtime executive from its parent company's European operations as the new head of sales and marketing for the VW brand in North America.
GM Korea head resigns
05 July 2017, 08:00After a year and a half at the helm, the CEO of GM's massive South Korean business is resigning to lead the nation's American Chamber of Commerce.
Mercedes holds on to U.S. luxury lead as BMW CEO vows a comeback
04 July 2017, 08:00Mercedes-Benz held off BMW again last month to preserve its substantial midyear lead in U.S. luxury auto sales. BMW's CEO isn't ready to accept being relegated to the second position.
The tide is finally turning
04 July 2017, 08:00It's not just that June sales fell. The rate of decline was relatively modest at 2.9 percent. But once again reality was on the low side of what was anticipated. We're at the halfway point of the year.
Nissan sales climb thanks to Rogue, Titan, Armada
04 July 2017, 08:00Nissan sold fewer cars and more light trucks in June, while Infiniti sold fewer trucks and more cars.
Honda, Hitachi formalize JV for EV motors
04 July 2017, 08:00Hitachi and Honda signed a formal agreement to form a 5 billion yen ($44 million) joint venture to develop engines for electric vehicles.
Automakers increase incentives, as sales stall
04 July 2017, 08:00Automakers are steadily increasing incentive spending as U.S. light-vehicle sales continue to slow heading into the second half of 2017.
Toyota, Nissan, Honda sales edge up behind strong truck volume
03 July 2017, 08:00Toyota, Nissan, and Honda posted higher June U.S. sales on strong truck and crossover demand while GM and Ford deliveries slipped on lower car and fleet shipments.