France's PSA Group to offer 40 electric vehicles by 2025
The CEO of France-based automaker PSA Group says it will offer 40 electric models across its lineup by 2025, and it plans to sell vehicles in the U.S. within 10 years.
AutoNation joins slew of companies offering tax reform-related perks to employees
AutoNation, the largest car dealer in the U.S., has announced that it will offer new financial perks to its employees, citing President Trump’s tax overhaul.
Death in Florida was 21st caused by Takata air bags
An unidentified man in West Virginia is the 21st person to die worldwide due to exploding Takata air bag inflators.
AutoNation CEO ‘honored’ to become chairman of Atlanta Fed
AutoNation CEO named new Atlanta Fed chair
Ford stock takes a dive as investors sour on 2018 profit outlook
Shares in Ford took a steep dive on Wednesday as investors soured on a disappointing profit outlook for 2018 and statements that the No. 2 U.S. automaker's turnaround plans will take years to bear fruit.
Allstate CEO: Self driving cars ahead, so what happens to the insurance industry?
Self-driving cars, already underway to revolutionizing the auto industry, could be on the road as soon as 2020, leaving experts to wonder how the inevitable overhaul could affect the insurance business.
Mazda vows to stay independent despite deeper ties with Toyota
Japan's Mazda Motor Corp on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp, the small automaker would remain a company independent from its much bigger rival.
Optimism in Iraq fuels revived interest in classic cars
The classic car market in Iraq is seeing brighter days as optimism revives interest.
European car sales at highest level in 10 years
Car sales in Europe rose for the fourth straight year in 2017, topping 15 million units for the first time in a decade.
Detroit Auto Show: The best cars, trucks and SUVs
The 2018 Detroit auto show opened a new front in the pickup truck wars, as each of America’s three major automakers revealed new models both large and small.
Autonomous cars loom, but the Detroit auto show goes on
The North American International Auto Show in Detroit opened to the press this week with one big question hanging in the air: How will autonomous vehicles change the industry?
Ford says profits will fall in 2018
Ford Motor Co. says its pretax earnings will likely fall in 2018 as U.S. sales soften, commodity costs increase and it invests heavily in new electric and hybrid vehicles.
Business Highlights
___ Bank execs sing praises of new tax law as windfall looms NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — are indicating they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business.
Ford Motor sees lower operating profit on an earnings-per-share basis
Ford expects lower operating profit on an earnings-per-share basis in 2018, with higher commodity costs and adverse exchange rates offsetting gains from cost-cutting efforts and continued demand for high-margin pickup trucks.
Concept cars from Japan automakers offer glimpse into future
Japanese vehicle brands are exploring new design ideas — and figuring out what sets them apart from their U.S. and European rivals — with new prototype vehicles.
New small cars unveiled at auto show but will anyone buy?
Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte.
In case of self-driving car accident, who’s at fault?
Self-driving car insurance
Businesses tout tax reform benefits
Trump touts tax reform
GM sees 2018 earnings flat, with pickups picking up in 2019
General Motors Co said on Tuesday that it expects 2017 full-year earnings per share to hit the high end of its forecast.
Jeep updates Cherokee compact SUV to compete in hot market
Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major facelift so it can better compete in one of the hottest parts of the U.S. automotive market.















