FCA net profits nearly doubles in 2017 on higher-margin mix
Automaker Fiat Chrysler saw net profit nearly double last year as a more profitable model mix helped overcome a sales decline in North American markets.
US moves toward driverless future. How should the government regulate it?
As tech innovators continue to move forward with making self-driving vehicles ubiquitous, the U.S. government could have a new problem on its hands as it grapples with how to regulate what is still a largely-burgeoning industry.
Hyundai Motor earnings miss forecasts on weak China sales
Hyundai Motor says its fourth-quarter earnings rose a lower-than-expected 3 percent, hurt by weaker overseas sales, while its operating income slumped to its lowest level since 2010.
Gap insurance: What it is and how it could save you thousands
Gap insurance, also known as “guaranteed auto protection” or “guaranteed asset protection”, is an optional form of auto insurance that you might need, even if you’ve never heard of it.
Ford earnings jump in 2017, but pain ahead this year
Ford Motor Co. said its full-year earnings jumped 65 percent to $7.6 billion in 2017 due to tax and pension changes, but it's already warning that this year will be tougher.
Vietnam vet's vette a $675,000 inheritance
Call it the mystery of the missing dimple.
Ford says commodities prices hurt, unfit versus industry peers
Ford posted a lower-than-expected quarterly net profit, hurt by rising commodity costs and unfavorable currency exchange rates, and said it expects more pain to come from higher raw material prices in 2018.
Hyundai recalls nearly 88K older cars due to fire risk
Hyundai is recalling nearly 88,000 cars in the U.S. because an electrical short in the antilock brake system could cause engine compartment fires.
Strange Inheritance: Vet's corvette
Strange Inheritance
Ford complains rising metals costs hurt profits, rivals unfazed
When Ford Motor Co reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control.
Report: Daimler, BMW to merge their car-sharing services
German daily Frankfurter Allgemeine Zeitung reports that automakers Daimler and BMW plan to merge their rival car-sharing services.
U.S. investigators to probe crash between Tesla vehicle, fire truck
The U.S. National Transportation Safety Board said on Tuesday it was sending two investigators to examine the crash of a Tesla Inc vehicle apparently traveling in semi-autonomous mode and a fire truck in California.
Court tosses out $210M deal over Hyundai, Kia gas mileage
A federal appeals court has tossed out a roughly $210 million deal to compensate owners and leaseholders of dozens of Hyundai and Kia models with overstated gas mileage figures.
Trump's 'America First' tariffs are insignificant, Nissan Chairman says
Nissan Motor Co. Chairman Carlos Ghosn tells FBN the Trump Administrations steep tariffs on imported solar panels and washing machines is ”not something major."
Tesla proposes big payout if Musk meets lofty goals
Elon Musk will remain at Tesla under a 10-year, all-or-nothing pay package that demands massive growth.
Musk may get no salary unless Tesla hits milestones
Tesla says Chief Executive Elon Musk will receive no guaranteed compensation of any kind, and that he will be paid only if the company and all of its shareholders do extraordinarily well.
Ex-Fiat Chrysler exec pleads guilty in union payoff scheme
A former Fiat Chrysler executive who handled labor relations has pleaded guilty to showering more than $1.5 million in cash and gifts on high-ranking members of the United Auto Workers.
France: Unions approve 1,300 job cuts at Peugeot maker PSA
Unions at Peugeot maker PSA Group have agreed to 1,300 job cuts made possible by new French labor rules imposed by President Emmanuel Macron.
Wind power leader denies spying on Oklahoma state lawmaker
The head of an Oklahoma wind power trade group flatly denied a state lawmaker's suggestion to police that someone connected to the industry put a tracking device on his truck to spy on him.
14 automakers list more models in Takata recall
U.S. safety regulators have released models from 14 different automakers that are being recalled to replace potentially deadly Takata air bag inflators.














