News

Ford caps 'challenging year' with 19% decline in Q4 pretax profit

25 January 2018, 08:00
Ford said its fourth-quarter adjusted pretax profit fell 19 percent to $1.7 billion due to higher steel and aluminum prices, as well as adverse currency rates. Ford's fourth-quarter operating margin was 3.

Self-driving legislation held up in Senate

25 January 2018, 08:00
Autonomous vehicle legislation is being held up in the Senate by the safety concerns of several Democrats and problems scheduling a vote.

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24 January 2018, 08:00
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CFPB launches policy review under Trump appointee

24 January 2018, 08:00
The Consumer Financial Protection Bureau launched a public review of its operations, indicating broad changes could be coming to the agency after President Donald Trump appointed an interim director.

Senate looks for way out of gridlock on self-driving car bill

24 January 2018, 08:00
The chairman of the Senate Commerce Committee said he is pursuing different strategies to win approval this year of landmark self-driving car legislation.

Trumps' NAFTA partners stand their ground

24 January 2018, 08:00
The United States, Canada and Mexico kicked off a crucial round of NAFTA negotiations with little sign of progress on the critical issue of automobiles.

PSA confirms Atlanta will be its North American headquarters

24 January 2018, 08:00
PSA Group will locate its North American headquarters in Atlanta, tapping the city's universities and automotive businesses to regain a foothold in the United States.

BMW, Daimler close to merging car-sharing units, exec says

24 January 2018, 08:00
Daimler and BMW are close to agreeing to combine their car-sharing services Car2Go and DriveNow, a senior executive at one of the carmakers told Reuters.

A 2nd electric Jag, the XJ sedan, is in the works, report says

23 January 2018, 08:00
You can bet the powertrain from the I-Pace is going to be used on other Jaguar vehicles.

Hybrid Hemis, homework, and luxe-mobiles: What scribes are saying about '19 Ram 1500

23 January 2018, 08:00
Redesigned for the 2019 model year, the next-gen Ram 1500 finally broke its cover last week at the Detroit auto show. It won't take long for the new Ram to arrive at dealerships in the U.S., as production is set to begin this month.
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