News

Should all recalls trigger free loaners?

29 April 2018, 08:00
Two Senate Democrats say consumers should be entitled to free loaners or rental cars on any type of safety recall, not just ones with high-risk parts or the rare "do not drive" order.

Ford begins forging major new campus in Detroit's Corktown neighborhood

28 April 2018, 08:00
Ford is in talks with multiple property owners in the Corktown neighborhood near downtown Detroit in an effort that would create a sweeping campus consisting of dozens of individual properties, including both buildings and parcels of land, in the...

Car salesman Bernie Zeidman, 88, has no plans to retire

28 April 2018, 08:00
Bernie Zeidman, 88, has been selling cars -- mostly Chrysler vehicles -- in California for 64 years, and he has no plans to retire.

Used car margins hurt by late-model luxury sales

28 April 2018, 08:00
NADA Data figures showing that the average franchised dealership lost money on used cars in 2017 may overstate the case, but the squeezing of margins is real.

Lear CEO Ray Scott says seating and electronics are converging

28 April 2018, 08:00
As Lear's new CEO, Ray Scott is focused on fusing the company's traditional seating business with its growing portfolio of electronics technologies.

NAFTA officials put top-level talks on hold until May 7 to consult with industry

28 April 2018, 08:00
Negotiators trying to hammer out a NAFTA deal said they will take a break until May 7, allowing time for consultations with the auto industry in Mexico.

At Ford, scrapping sedans is too easy, and a mistake

27 April 2018, 08:00
The hard work is not killing cars. It's finding new and creative ways to make them appealing.

Autoliv Q1 profit rises 3% ahead of split

27 April 2018, 08:00
Autoliv said its first-quarter operating profit rose more than 3 percent and said it would not deliver financial guidance for the group ahead of its impending creation of two separate units.

Honda, Mazda issue profit warnings as yen rise clouds outlook

27 April 2018, 08:00
Honda and Mazda issued profit warnings for the current financial year on worries a stronger yen would erode their operating earnings, wiping out the impact of record high global vehicle sales.

Continental Q1 operating earnings fall 9% on currency effects

27 April 2018, 08:00
German supplier Continental said adjusted earnings before interest and tax (EBIT) declined 9 percent in the first quarter as currency headwinds dented profit.
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