China plans to give foreign companies greater access to its economy and is drafting a replacement of its plan to dominate advanced technologies by 2025, The Wall Street Journal reported.
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Alongside affordability challenges, high interest rates and difficulty obtaining credit for customers have clouded dealers' typically rosy outlooks, according to Cox Automotive's Dealer Sentiment Index survey.
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Audi marketing expert Bram Schot will become the luxury brand's CEO on Jan. 1, making permanent a role he has held on an interim basis since June.
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Nissan is poised to widen its probe into Carlos Ghosn to investigate possible misconduct at its alliance joint venture entity with Renault and a host of subsidiaries, people familiar with the matter said, in a move that could trigger more criminal...
Continue Reading the above article 'Nissan expands Ghosn probe to European affiliates...
Renault has told alliance partner Nissan not to contact its directors ahead of a Renault board meeting on Thursday, a source told Reuters.
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Volkswagen says the MEB platform that will underpin its I.D. electric-vehicle family will be even more scalable than the MQB architecture used for 80 percent of the group's combustion engine cars.
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As Renault's largest shareholder, the French government might be expected to stand up for Carlos Ghosn as he fights charges in Japan that he underreported tens of millions of dollars.
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Nissan took the first comprehensive steps to share details with Renault about allegations against Carlos Ghosn in a move that may help ease a climate of suspicion that has clouded their partnership.
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Hyundai Motor appointed Albert Biermann, a former BMW executive, as its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire.
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The 2020 Volkswagen Passat will receive new exterior styling, more standard safety equipment and an updated instrument panel but it won't land on a new platform or feature a new powertrain as the automaker, citing the shrinking midsize car market,...
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China has agreed to cut tariffs on U.S.-built cars and auto parts to 15 percent from the current 40 percent, a Trump administration official said.
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Two U.S. senators from Ohio on Tuesday asked General Motors CEO Mary Barra to commit to building all future electric vehicles for U.S. buyers at home and to provide more details of plans to cut back on car output in North America.
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McLaren Automotive has added another flavor to its 720S lineup by adding a convertible.
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An Argentine court convicted two former executives of a local Ford plant of involvement in the torture of workers during the country's dictatorship in the 1970s, victims' lawyers said, adding they may sue Ford in U.S. federal court.
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Nissan will file corrected earnings for past years in which Carlos Ghosn, the company's ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.
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A Tokyo court rejected ousted Nissan Chairman Carlos Ghosn's appeal to end his detention following his arrest last month on allegations of financial misconduct.
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Upstart online used-car retailer Vroom said it raised $146 million in its latest round of funding, including a previously reported $50 million from AutoNation Inc.
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Santa Claus takes on a modern look in a new Audi ad that shows him shedding pounds when he endures a bit of a mid-life crisis after realizing that he can't fit into an RS 5 at his current weight.
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Tesla CEO Elon Musk criticized '60 Minutes' for editing out parts of his responses to questions about losing the role of chairman last month.
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Hertz and Clear announced the debut of Hertz Fast Lane Powered by Clear, a service that uses biometrics to speed members through the rental car process.
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Nissan is taking the first comprehensive steps to share details with Renault about allegations against Carlos Ghosn, according to a person familiar with the matter.
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The Ford Ranger is returning next month as the most fuel-efficient gasoline-powered pickup on the U.S. market.
Continue Reading the above article 'Ford Ranger pickup rated at 23 mpg combined, best ...
The redesigned Jeep Wrangler failed one of several crash tests performed by Euro NCAP, the European version of crashworthiness studies performed by NHTSA and the Insurance Institute for Highway Safety.
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Hyundai Motor Group's two vice chairmen in charge of randd have offered to resign, three people familiar with the matter told Reuters.
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Hyundai and its suppliers plan to spend $6.7 billion through 2030 to raise production of fuel cells by more than 200-fold as the automaker targets to become a key player in the new-energy vehicle technology.
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China's automobile sales fell about 14 percent in November from a year earlier. It was the steepest decline since January 2012, when the timing of the Lunar New Year holiday hurt auto sales.
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Starboard Value is calling on Cars.com to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform.
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Alejandro Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire after a three-month handover phase in March.
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"We set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
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Ethical practices in automotive finance have evolved significantly in recent decades, with a boom in automotive retail regulations. Automotive News explores this evolution in this special section.
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Price pressure, rising interest rates and a shrinking supply of affordable vehicles have auto dealers worrying more about business as they look toward 2019, according to the Cox Automotive Dealer Sentiment Index survey for the fourth quarter.
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Ford said it started negotiations with German worker representatives about potential job cuts at its Saarlouis plant following a decision to discontinue production of its Ford C-Max model.
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The UAW is urging the White House to go beyond gains in the tentative United States-Mexico-Canada Agreement in any free-trade agreement negotiated with Japan.
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The Ford executive is now responsible for leading the automaker's global vehicle programs under product development, with Graham Pearson leading product development for Asia Pacific and China.
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A Rio de Janeiro apartment containing cash, art works and personal belongings of Carlos Ghosn has become the latest battleground between the indicted former Nissan chairman and the automaker.
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Ford has taken a giant leap into an enormous project to remake where employees think, design and create the vehicles of the future in a Detroit campus that is four years away from becoming reality.
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Carlos Ghosn's arrest in Tokyo is already having consequences, from product marketing to international diplomatic relations. More complications could be ahead.
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Carlos Ghosn and Nissan were indicted in Japan on Monday for understating Ghosn's income, as Tokyo prosecutors pushed ahead with the criminal investigation that has shaken the global auto industry.
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Robert Bosch, the world's largest automotive supplier, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said.
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Nissan promised to improve corporate compliance after Tokyo prosecutors indicted former Chairman Carlos Ghosn, close aide Greg Kelly and the automaker itself for allegedly understating Ghosn's compensation.
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German supplier Continental is considering acquiring software makers after the flotation of its powertrain unit expected in the second half of 2019, CFO Wolfgang Schaefer told Boersen-Zeitung.
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Renault, the automaker in which the French state is the most powerful shareholder, is headed into a decisive week over its leadership.
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Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.
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Like Lyft, Uber last week submitted its IPO filing to the Securities and Exchange Commission, a person familiar with the matter told Bloomberg.
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Dhivya Suryadevara has quickly risen through the ranks of GM since starting as a senior financial analyst in 2005.
Continue Reading the above article 'GM's fast-rising CFO Dhivya Suryadevara leads a hi...
SK Innovation will spend $1.67 billion to build an EV battery plant in Commerce, Ga. Some think that is just the beginning.
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With three weeks left in 2018, California already has had a record year for the number of manufacturers permitted to test autonomous vehicles, the number of those vehicles permitted on the road and the number of crashes involving those vehicles.
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While other boxy designs have come and gone #8212; Scion xB, Nissan Cube, Honda Element #8212; Kia's Soul has built longevity through loyalty.
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General Motors' decision to idle four U.S. assembly and parts plants could provide ammunition for critics of President Donald Trump's new North American trade agreement.
Continue Reading the above article 'GM cutbacks complicate USMCA's path to passage...
Toyota and Mazda will spend $1.6 billion to build an assembly plant in Huntsville. Things have changed since their last greenfield ventures.
Continue Reading the above article 'Mazda-Toyota's Ala. greenfield charts new path...
As Ford has tried to downplay its ongoing talks with Volkswagen Group, VW CEO Herbert Diess, who last week said VW is eyeing access to Ford's U.S. manufacturing footprint, keeps upping the ante.
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Heading into 2018, U.S. auto sales appeared headed for a second-straight annual decline. But it hasn't played out as expected: Sales have remained steady even as incentives were disciplined and prices rose further.
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What does a 2014 Jeep Compass Sport have in common with a Soviet submarine?
Continue Reading the above article ''Crazy Ivan' strategy at M.K. Smith Chevrolet gets...
A Florida store's $4.8 million settlement of a robocalling lawsuit is the latest wake-up call for dealers to remain vigilant about unwanted advertising messages to current and prospective customers.
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As Volvo prepares a new and improved version of its Care by Volvo subscroption service, California hears the grumbling of dealer protests.
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The latest Final Edition of the iconic Volkswagen Beetle will have special colors, badging and wheels as the bug drives into the sunset next year, just as it did 15 years ago.
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It seems likely that the much-discussed new Land Rover Defender will be built outside of England.
Continue Reading the above article 'Land Rover Defender may be produced in Slovakia...
Brembo navigates the curves of supplying high-end brakes while managing the transition to brake-by-wire.
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The redesigned RDX has gotten off to a torrid start, but brand chief Jon Ikeda says Acura isn't planning more crossovers.
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In an interview with CBS's Lesley Stahl, the Tesla CEO said he doesn't respect the SEC, declared his interest in buying a shuttered GM factory and credited a parking lot assembly line with saving the company.
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Ousted Nissan boss Carlos Ghosn faces a landmark day in his Japanese judicial ordeal on Monday when prosecutors must decide to either indict or free the jailed auto executive.
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With industrial space in Detroit in short supply, a regional group is eyeing two Detroit airports as a site for future industrial development.
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VW denied allegations that Chairman Hans Dieter Poetsch knew about the automaker's emissions test cheating almost three months before U.S. authorities made it public.
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Carlos Ghosn was planning to remove Nissan CEO Hiroto Saikawa before Ghosn was arrested in Japan last month for alleged financial misconduct, people familiar with the matter said.
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Fiat Chrysler Automobiles CEO Mike Manley clearly learned many lessons from his predecessor -- and even some the late Sergio Marchionne never intended to teach.
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Mazda doesn't see the slowing sedan market as an excuse to become complacent about its cars. In fact, it sees this as the perfect time to raise the bar with an artistic approach to design that enhances some of their emotional allure.
Continue Reading the above article 'Mazda goes for emotional appeal for sedan lovers...
Genesis' steep sales dropoff is largely a byproduct of the brand's accelerated separation from Hyundai.
Continue Reading the above article 'Genesis decline tied to licensing bump...
The relationship between compliance and ethics is especially acute in the FandI department.
Continue Reading the above article 'Ethics and compliance in FandI go hand in hand...
The fuel economy on some redesigned Chevrolet Silverado and GMC Sierra models will be worse than the outgoing pickups they're replacing.
Continue Reading the above article 'Some 2019 GM pickups will have lower mpg than outg...
Tesla General Counsel Todd Maron is leaving the company, adding to a long list of senior management departures this year. Tesla said it hired Washington lawyer Dane Butswinkas as his successor.
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The Detroit auto show, seeking to reinvent itself following decades as a January venue, has committed to seven years with its new June date.
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Vehicle-shopping site TrueCar has acquired DealerScience, a provider of digital-retailing software, for $27 million, the companies said Friday. DealerScience's founder will also join TrueCar's executive team effective immediately.
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Chevrolet has launched a national employee pricing sales campaign on all 2018 and some 2019 models through the end of the year.
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Metal components supplier Tower said it agreed to sell off its European division to a privately owned French automotive supplier in a deal valued at about $291 million.
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Nissan said it will build 50 versions of the GT-R50 by Italdesign, which was unveiled earlier this year at the Goodwood Festival of Speed in the U.K. The car starts at $1.1 million.
Continue Reading the above article 'Nissan takes orders for $1.1 million GT-R by Itald...
Tokyo prosecutors are expected to charge Nissan as a corporate entity, alongside ousted chairman Carlos Ghosn for allegedly violating financial laws, a report said.
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Monday marks the end of Carlos Ghosn's 22-day detention, having been held without charge since his arrest on suspicion of under-reporting compensation following a whistleblower tip.
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Ford has taken the first step in restructuring its money-losing European business that is expected to involve axing models, cutting jobs, and possibly factory closures.
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Tesla notified holders of bonds due in March that if they elect to convert the debt, they'll be paid with a 50-50 mix of cash and stock, according to a copy of a document seen by Bloomberg.
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President Donald Trump will finally have his own permanent nominee running the Bureau of Consumer Financial Protection, a controversial agency that Republicans say has stifled economic growth.
Continue Reading the above article 'Trump's pick to run CFPB wins approval from Senate...
Renault is aiming to reach in about a week the first conclusions of an internal probe into whether the pay packages of Carlos Ghosn and other top managers of the automaker were properly disclosed.
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Nissan discovered more final inspection problems and said it will recall 150,000 vehicles in Japan as an executive blamed ousted boss Carlos Ghosn for partially fanning the lapses.
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Despite an increase in subprime loan volume in the third quarter, subprime market share hit its lowest level in more than a decade, according to Experian.
Continue Reading the above article 'Subprime auto lending hits 11-year low...
The Federal Trade Commission said it will mail out 43,456 checks totaling more than $3.5 million for customers that fell prey to Sage Auto Group's deceptive practices from 2014 to 2016.
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Sergio Marchionne's frenetic, nonstop pace extracted much too heavy a toll on the man himself.
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Fiat Chrysler Automobiles plans to reopen its long-idled Mack II engine plant in Detroit as an assembly plant to build three-row Jeep SUVs, The Detroit News and CNBC reported today, citing multiple sources familiar with the plans.
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GM CEO Mary Barra came under harsh criticism from members of Congress from Michigan for building a new vehicle in Mexico while planning to end production at five North American assembly plants.
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The automaker's treasurer, head of European product development and Asia Pacific manufacturing chief will leave at the end of December.
Continue Reading the above article 'Ford VPs Kenneth Kent, Joe Bakaj, Bill Russo to re...
Lexus plans to unveil a new superfast coupe at the Detroit auto show in January, just months before it hits the market.
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Lyft filed confidentially for an initial public offering of stock, pulling out ahead of Uber Technologies in the race among ride-hailing companies to go public.
Continue Reading the above article 'Lyft formally signals plans to go public...