Black Friday Expected to Lift November Auto Sales
The auto industry is expected to get a boost from Black Friday and report a 3.6% increase in November sales, according to research provider Kelley Blue Book.
Black Friday Expected to Lift November Auto Sales
The auto industry is expected to get a boost from Black Friday and report a 3.6% increase in November sales, according to research provider Kelley Blue Book.
Chrysler Delays IPO Plans Until 2014
Chrysler is delaying plans for an initial public offering until the first quarter of 2014, backing away from initial expectations for a listing by the end of this year.
EPA Trims Ethanol Mandate for First Time, Corn Prices Fall
The EPA on Friday unveiled a proposal that would lower the annual requirement for ethanol used in gasoline, sending corn prices lower.
Report: Bain in Talks to Acquire TI Automotive for $2B
Bain Capital is reportedly in advanced discussions with TI Automotive to acquire the auto parts maker in a deal approaching $2 billion.
Ford to Exit All Operations in Japan, Indonesia This Year
Automaker Ford Motor said on Monday it will close all operations in Japan and Indonesia this year as it sees "no reasonable path to profitability" in the two countries.
First GM Ignition Switch Lawsuit Dismissed
The first federal trial over General Motors' massive ignition switch recall came to an early end on Friday, as the parties said the case has been dismissed.
GM Starts Car-Sharing Service in Germany, U.S.
General Motors said it is launching a car-sharing service called Maven in the United States and Germany, for consumers who want to borrow cars rather than own them.
Ford Plans New Auto Plant in Mexico's San Luis Potosi
Ford Motor Co will announce a new automobile plant in the central Mexican state of San Luis Potosi during the first quarter, three Mexican officials familiar with company plans said on Thursday.
Fiat Chrysler Shares Hit by Report of U.S. Lawsuit
Fiat Chrysler Automobiles shares fell by nearly 10 percent in Milan on Thursday following a media report that said two dealerships had filed a lawsuit accusing it of inflating U.S. sales.
GM Sees Stronger Profits After Record Sales Year for Autos
GM raised its earnings expectations for 2016 and lifted its quarterly dividend, saying the rollout of new products and additional growth in China will buoy the automaker.
GM Raises 2016 Profit Outlook, Boosts Share Buybacks, Dividend
General Motors said it will return cash to shareholders by raising its stock buyback program by 80 percent to $9 billion and increasing its dividend by 6 percent.
Sprint to Cut Ties With NASCAR’s Top Series
Sprint is cutting ties with NASCAR's top series after the 2016 season.
Honda Expands Takata Airbag Recall Nationwide
Honda answered a call to widen a recall for defective driver-side airbags made by Takata, despite the Japanese supplier's resistance to a national campaign.
Cheaper Gas, Holiday Deals Lift November Auto Sales
A holiday boost isn't just for retailers, automakers broadly reported stronger U.S. sales in November amid cheaper gasoline and Black Friday deals.
Ford’s 2015 F-150 Passes Rivals in MPG
Thanks to an aluminum body and turbocharged engine, Ford's redesigned F-150 will offer better fuel economy compared to rival gasoline-powered pickup trucks.
NHTSA Calls for Nationwide Recalls of Takata Airbags
Federal safety regulators are calling for automakers to expand recalls covering defective airbags made by Japanese supplier Takata.
Toyota Unveils Hydrogen-Powered Mirai
Toyota unveiled a mid-size car that runs on hydrogen fuel cells, joining some of its rivals as they mark a new foray into alternative powertrains.
Spotify CEO: ‘Future Is Here’ with Uber Partnership
On Monday, Uber and Spotify announced a new partnership which will allow Uber customers to have their Spotify music playing in in the car.
Tesla Aims to Win Battle of Supply vs. Demand
Wall Street seems confident consumer demand isn’t a problem for Tesla, which has promised to drastically increase production in the coming years.















