Toyota Says Net Profit to Plunge This Year on Strong Yen
Toyota Motor forecast on Wednesday a plunge in net profit for the current year, snapping three straight years of record profit, hit by a sharp appreciation in the yen.
'Big 3' Tech Race: GM, Lyft to Test Self-Driving Taxis
General Motors and Lyft are moving forward with plans to create self-driving taxis. The companies expect to launch a test service within a year, raising the bar as Detroit’s Big Three automakers increase their investments in autonomous cars.
Elon Musk Challenges 'Naysayers' as Tesla Accelerates Growth Plans
Tesla had an ambitious plan to make 500,000 cars by 2020. The electric car maker raised the bar even further, advancing the plan by two years.
Google, Fiat Chrysler team up for driverless minivan
Google, Fiat Chrysler in driverless car deal
U.S. Confirms Recall of 35M-40M Takata Air Bag Inflators
The U.S. Transportation Department confirmed on Wednesday that automakers will recall another 35 million to 40 million U.S. air bag inflators installed by Takata Corp by 2019.
Report: Two Tesla Production Chiefs to Leave
Two top manufacturing executives are leaving Tesla Motors Inc at a time when the electric-car maker is working to launch its first mass-market car, the Model 3, Bloomberg reported.
Why GM's April Sales Drop May Not Be a Bad Thing
The decline in GM’s headline sales number is largely the result of a divergent strategy compared to its 'Big Three' brethren.
Ferrari to Introduce New Luxury Merchandise in 2017
Ferrari expects to make good on a promise to introduce new luxury merchandise in 2017, as the supercar maker continues to seek new business opportunities beyond its iconic cars.
Marchionne to Succeed Felisa as Ferrari CEO
Ferrari Chairman Sergio Marchionne will also become the luxury carmaker's chief executive after Amedeo Felisa's decision to retire, the company said in a statement on Monday.
Report: Fiat Chrysler, Google in Patnership Talks
Fiat Chrysler and Google's self-driving car project are reportedly in advanced talks to form a technical partnership.
Making Bank from Restoring Porsches
Emory Motorsports President Rod Emory said turning his lifelong passion for Porches into a successful business was something that came naturally to him.
Ford CEO Dismisses Campaign Criticism, Citing U.S. Growth
Ford CEO Mark Fields, emphasizing Ford’s investments in U.S. manufacturing, shrugged off criticism that has been lobbed at the automaker during the presidential primary races.
Ford Recalls 202K Pickups, SUVs, Cars to Fix Transmissions
Ford is recalling nearly 202,000 pickup trucks, SUVs and cars in North America because the automatic transmissions can suddenly downshift to first gear.
Ford's 1Q Sets Records for Profit, Operating Margins
Ford reported an adjusted 1Q profit of $0.68 per share, topping the estimate for $0.48. Revenue for the automaker came in at $37.7 billion, also beating the estimate for $35.68 billion.
VW CEO Sees Solid 2016 Growth Despite Crisis
Volkswagen has a chance of posting solid growth in its operating business this year even as it grapples with its diesel emissions scandal and a strategic repositioning, Chief Executive Matthias Mueller said.
High Warranty Costs Reflect Tesla's Struggle With Quality
While Tesla has trimmed its average warranty repair cost per premium electric vehicle since 2014, it still spends more than twice as much as General Motors Co and Ford Motor Co, according to a Reuters analysis of company data.
Jaguar Land Rover and Tile Don't Want You to Lose Anything Again
If you’ve ever wished your car could tell you whether you’ve left your briefcase, gym bag, or child’s car seat behind before you leave home, well now there’s an app for that.
Fiat Chrysler Earnings: Profit Jumped, But Debt Did Too
Big sales ofprofitable Jeep modelslike the Cherokee powered good profits for FCA in the first quarter.
Fiat Chrysler CEO Hopeful Merger Will Happen--Eventually
Fiat Chrysler CEO Sergio Marchionne believes his campaign to seek out a merger partner has been “worth the effort,” saying one of the company’s rivals will likely answer the call--eventually.
Fiat Chrysler 1Q Profit Beats Expectations, But Higher Debt Hits Shares
Fiat Chrysler Automobiles on Tuesday reported a better-than-expected rise in first-quarter operating profit on strong North America performance and confirmed its full-year guidance.



















