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.
New Jetta, SUVs and peek at future cars at Detroit auto show
It's the year of the pickup truck at the 2018 North American International Auto Show in Detroit as General Motors, Fiat Chrysler and Ford unveil new trucks in a fast-growing and highly competitive U.S. auto market.
Which car stock has spiked the most in 2018?
U.S. automakers are driving into the New Year with renewed optimism, thanks in part to President Donald Trump’s tax reform bill that drastically cuts the corporate tax rate.
Tax cuts remove 'cobwebs' for US companies: Fiat Chrysler CEO
Fiat Chrysler Automobiles CEO Sergio Marchionne told FOX Business that the tax reform bill, which encouraged the automaker to hand out $2,000 bonuses to employees, is a boon to the U.S.
Trucks, tax reform are two stars at Detroit auto show
Detroit Auto Show
Fiat Chrysler CEO says no plans to sell brands to Chinese
Fiat Chrysler's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.
Detroit auto show: New pickups from Ram, Chevy heat up big-truck competition
Ram and Chevrolet are rolling out brawny-looking new models that are larger, lighter and more efficient than their predecessors.
U.S. automakers bet on diesel trucks after VW scandal
U.S. automakers are unveiling new diesel pickup trucks even as diesel sales have fallen sharply since Volkswagen AG's 2015 diesel emissions scandal.
Volkswagen brand car sales hit record 6.23 million in 2017
Volkswagen's core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.
Ford to spend $11B on electric vehicles through 2022
FBN’s Tracee Carrasco on Ford’s investment in electric vehicles, the Google Arts & Culture app and Google removing more than 60 gaming apps from its app store.
Volkswagen's push for US market share
Volkswagen is planning on spending more than $3.3 billion in North America, as the German automaker looks to move past “dieselgate.”
















