President Barack Obama has backed a $10-per-barrel tax on oil that would not only prove costly for struggling drillers; Drivers would likely bear the brunt of the tax.
Daimler Chief Executive Dieter Zetsche insisted on Friday the German carmaker would not sacrifice margins in its quest to overtake arch rival BMW and become the best-selling luxury car brand.
Volkswagen said it would push back publication of 2015 results and its annual shareholders' meeting as the carmaker continues to grapple with effects of its emissions test-rigging scandal.
Toyota Motor raised its full-year sales forecast for North America due to strong demand in the United States, while posting a lower-than-expected operating profit.
The Super Bowl appears to have lost a lot of its gusto for advertisers, and major brands are instead leaning on the digital world to reach consumers.
Stewart Alsop on being banned from buying a new Tesla after complaining about the automaker's Model X launch event.
Another problem has developed with automotive air bags, this one resulting in recalls of up to 5 million vehicles worldwide.
Honda Motor Co is expanding its recall in North America of late-model vehicles equipped with potentially defective Takata air bags, in a move that could affect nearly 2.3 million vehicles.
General Motors booked its highest profit ever in 2015, getting a huge lift from lucrative truck and SUV sales in the U.S.
General Motors' fourth-quarter profit surged amid growth in China and booming sales of pickup trucks and sport-utility vehicles in the U.S. .
Ford plans to shed hundreds of white-collar jobs in Europe to cut costs by $200 million annually.
Winter weather and a calendar quirk led to mixed results for U.S. auto sales in January, although trucks and SUVs remained hot sellers across the board.
Auto makers posted modest U.S. sales in the first month of the year as fewer selling days and heavy snow kept car shoppers from dealerships.
The benefits of the U.S. automotive boom extend well beyond Detroit. Meineke, the chain of 930 repair shops, wants to double sales over the next three years amid a surging aftermarket business.
Ford posted its best-ever pretax profit in 2015 amid surging U.S. sales, and the automaker is looking for another strong year in 2016.
Ford Motor said Thursday that its fourth-quarter results beat Wall Street expectations, and it maintained a 2016 pretax profit forecast equal to or higher than last year.
Takata is preparing the ground for the exit of its chief executive, two people close to the Japanese air bag maker said, as pressure builds on a company reeling from the auto industry's biggest recall.
Fiat Chrysler Automobiles reported better-than-expected rise in fourth-quarter operating profit as strong results from North America and improving operations in Europe.
America’s roads are in desperate need of repair, while commuters and businesses are paying the price. But as FOXBusiness.com's Upgrading America series reports a debate is raging over highway funding, gas taxes and government waste.
Ford Motor said it is expanding its safety recall on vehicles that have Takata Corp's airbag inflators after Takata declared that those inflators were defective.