If interest rates rise, GM likely to expand subsidized loans
A $7.3 billion accounting charge pushed General Motors into a $3.9 billion net loss for 2017, but without the expense the company posted record per-share earnings.
Toyota lifts profit forecast to record 2.4 trillion yen
Toyota is seeing a nearly doubling of profit for the fiscal third quarter, and it lifted its annual profit projection through March to 2.4 trillion yen ($22 billion), a record high for the Japanese automaker.
Toyota posts 54 percent jump in third quarter profit, lifts full-year forecast
Toyota Motor on Tuesday reported a 54 percent jump in operating profit for the third quarter and raised its forecast for full-year profit.
GM races past Ford as SUVs, trucks fuel profits
GM will look to meet expectations for a higher fourth-quarter profit when it reports earnings Tuesday, as the automaker banks on lucrative SUV and truck sales.
Business Highlights
___ Dow plunges 1,175 points in worst day for stocks since 2011 NEW YORK (AP) — The stock market ended a wild day with its biggest drop in six and a half years as the Dow Jones industrial average briefly plunged nearly 1,600 points.
Chipmaker Nvidia, auto supplier Continental in self-driving tie-up
The announcement is the latest of many collaborations for Nvidia, whose Drive platform that helps enable autonomous driving is ubiquitous in the industry.
Nissan plans 20 electric models for China through 2022
BEIJING — Nissan has announced plans to start selling its all-electric Leaf in China this year and to develop 20 electric models with its Chinese partner over the next five years.
10 ads that stand out during Super Bowl 52
It's Super Bowl ad time again.
Tesla taps Anheuser-Busch, Pepsi, UPS to build big rig charging stations: Report
Tesla is teaming up with some of its biggest big-rig customers to build charging stations at their facilities, according to a new report.
Mitsubishi issues recalls for loose sunroofs, brake trouble
Mitsubishi is recalling nearly 227,000 vehicles in the U.S. to fix glass sunroofs that can fly off and parking brakes that may not work.
Honda's profit more than triples on sales growth, tax cut
Honda Motor Co.'s profit for the fiscal third quarter has more than tripled what the Japanese automaker earned last year as its sales grew and profits got a perk from a U.S. tax cut.
Mitsubishi recalls SUV and car models; belt can come loose
Mitsubishi is recalling some of its top-selling models in the U.S. because the accessory drive belt can come loose and cause engines to stall.
January US auto sales up 1 pct., but full-year drop expected
January U.S. auto sales are expected to grow just a little as rebates and other deals wane after a December buying spree.
Ferrari 2017 profits soar as sales near 8,400 vehicles
Italian sports car maker Ferrari says profits last year rose 34 percent, driven by a surge in V12 sales and vehicle personalization.
Profitable Daimler expects heavy spending on new tech
German automaker Daimler AG says its net profit rose 24 percent to a record 10.9 billion euros ($13.5 billion) last year, helped by strong sales of its Mercedes-Benz SUVs and new E-Class luxury sedan.
Toyota recalls 645,000 vehicles; air bags may not inflate
Toyota is recalling about 645,000 vehicles worldwide to fix an electrical problem that could stop air bags from inflating in a crash.
Germany probes Bosch workers in US over diesel emissions
Prosecutors in the German city of Stuttgart are investigating two employees of auto components and technology firm Robert Bosch LLC in the U.S. on suspicion of being accessories to fraud in connection with manipulated diesel emissions in Fiat Chrysler vehicles.
Auto sales may eke out gains in January: analysts
U.S. automakers are on pace to report modest sales gains in January, despite forecasts calling for softer demand in 2018.
Trump’s State of Union tips hat to Apple, Exxon for billions in new US investments
Big business was a focal point for President Donald Trump during his first State of the Union address, where he commended a handful of U.S. companies for pledging billions in domestic investments throughout the coming years.
Volkswagen suspends executive over monkey tests
Automaker Volkswagen has suspended its head of external relations and sustainability in response to the controversy over experiments in which monkeys were exposed to diesel exhaust.














