Sonic Automotive — for the second time in three quarters — has issued a profit warning for weaker-than-predicted quarterly results related to incentives and performance from BMW and Honda. The retailer is set to release fourth-quarter results Feb. 20.
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Buick has instructed dealers to complete their final orders for the Cascada convertible this month, as production of the car is scheduled to end this summer.
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The economic harm from potential U.S. tariffs on imported autos and components would dwarf that of any other trade policy implemented by the Trump administration so far, according to a new study.
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Canada's Ontario government says it has had discussions with Magna and other companies about the possibility of utilizing GM's Oshawa assembly plant once it’s vacant after 2019.
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The driveline supplier said its fourth quarter and full year 2018 results reflected the impact of a noncash goodwill impairment of $485.5 million. The supplier issued a bullish forecast for 2019.
Continue Reading the above article 'American Axle takes $485M charge in Q4, but outloo...
Despite the market pressures being put on premium automakers to offer SUVs, the McLaren brand will remain a holdout. There is "no compromise" on that point, said Mark Roberts, head of design operations for McLaren Automotive.
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Subaru of America has launched its national ad campaign for the redesigned 2019 Forester and much like the vehicle itself, the commercials have a familiar look and feel.
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Three months after global advertising giant WPP won Volkswagen's North American business, the carmaker has named Johannes Leonardo the lead agency on the account, even though the shop is not majority-owned by WPP.
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Aston Martin will preview an SUV that will be launched in 2021 as the first car from the automaker's revived Lagonda nameplate.
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Auto interests say the Commerce Department's findings should be shared now to lift the cloud of uncertainty that has crimped investment.
Continue Reading the above article 'Auto tariff report may stay secret for a while...