News

AutoNation Q1 net falls 4.5%, despite revenue gain

01 May 2018, 08:00
AutoNation's revenue rose in the first quarter, driven by gains in each of its business segments, but net income fell 4.5 percent.

Lear reaches tentative deal with striking workers at Ontario plant

01 May 2018, 08:00
A tentative labor agreement was reached at a Lear facility in Ajax, Ontario, where a three-day strike caused a production slowdown at a nearby Fiat Chrysler assembly plant.

In China, Lynk and CO's high-tech factory flags global challenge

01 May 2018, 08:00
While auto workers in Germany and South Korea fight to save their jobs, one of China's youngest auto brands is gearing up to build crossovers at a new factory with digitally connected robots and a fresh workforce of 1,800 people.

Ford says its dropping cars because they lose money

30 April 2018, 08:00
The Mustang and a Focus wagon will survive, but all of Ford's value-destroying nonluxury sedans are goners. Is Jim Hackett going too far?

Volkswagen in talks to manage Didi fleet, co-develop self-driving cars

30 April 2018, 08:00
Volkswagen is in talks to form a joint venture with China's Didi Chuxing to manage part of the ride-hailing company's fleet of cars and help develop 'purpose-built' vehicles for Didi's services.

China at forefront of car tech change

30 April 2018, 08:00
An explosion of ingenuity is radiating from China in how to develop, engineer and market cars. Long derided as a fast follower, China has suddenly blossomed as the innovation nation.

2019 Ram 1500 production fixes costly for FCA

30 April 2018, 08:00
FCA US has spent more than $300 million to fix the production problems that have put the ramp-up of the 2019 Ram 1500 well behind schedule.

Jean-Michel Szczerba sees smart body and fuel cell roles

30 April 2018, 08:00
Plastic Omnium's acquisition of Faurecia's exterior parts business has opened the door to new business with Germany's automakers, says Jean-Michel Szczerba, Plastic Omnium co-CEO.

Didi alliance eyes 10 million EVs by 2028

29 April 2018, 08:00
Didi Chuxing, the Chinese ride-hailing giant, is partnering with 31 automakers to develop models for shared mobility and new standards for electrified vehicles.

Can Nio entice Americans to use phones to buy cars?

29 April 2018, 08:00
Nio, the Chinese electric vehicle startup that uses swappable batteries and puts a bobblehead digital assistant on the dashboard, wants to launch a global model in the U.S. by 2020.
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