Record Mercedes-Benz sales, but Daimler charges put brakes on profit
Daimler reported a 64 percent fall in 2019 net profit, its largest drop in a decade, despite record-high Mercedes-Benz sales as CEO Ola Kaellenius signed off on more than $5.46 billion in legal and restructuring charges.
Growing dispute over ride-hailing apps and Phoenix airport
A dispute between ride-hailing companies and the city of Phoenix deepened on Monday, as Arizona state lawmakers introduced legislation that would bar raising fees on Uber and Lyft at Sky Harbor airport.
Is it better to buy or lease a car?
Here is what experts are saying about car buying and leasing, and which one is the better option.
Ghosn fights for internal Nissan, Mitsubishi documents in Dutch court
Lawyers for Carlos Ghosn, the fugitive former automotive executive, on Monday argued in a Dutch court for the release of internal documents relating to his dismissal by Nissan Motor and Mitsubishi Motors.
Ford top automotive executive retires in management shake-up
Ford is shaking up its management after a poor fourth-quarter financial performance and the botched launch of the Explorer SUV.
The most affordable cars in the US for 2020
Here are some of the most affordable new cars you can get in 2020.
NASCAR's Daytona 500 like Super Bowl, Hall of Fame coach Joe Gibbs says
Super Bowl champion coach Joe Gibbs is gearing up his racing team for a competitive NASCAR season beginning with the Daytona 500.
Cadillac unveils 2021 Escalade with hands-free highway driving
The automaker has loaded the latest model of its iconic luxury SUV with new technology.
Jeffrey Epstein estate $57M richer since disgraced financier's death
Epstein’s estate is now worth $634.8 million.
Japan issues arrest warrants for Ghosn, ex-Green Beret, two other Americans
Tokyo prosecutors issued arrest warrants for Ghosn and three Americans they said helped plan his escape.
Lyft lays off 90 employees in sales, marketing roles
Lyft Inc. said Wednesday that it cut 90 jobs, or 1.6 percent of its workforce, as it aims to turn a profit by the end of next year.
Ford's Lincoln and Rivian partnering to build electric car
A new Lincoln vehicle in development will use electric "skateboard" platform.
'Do or die': Nissan takes the ax to the house Ghosn built
Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn flounders, four people familiar with the plans said.
Ford to pay $30M-plus for lawsuit over transmissions: Report
Some defective Focus and Fiesta vehicles had failing transmissions.
Cadillac's 2021 Escalade to be introduced in Spike Lee short film
The automaker is teasing big tech advances in the latest model Escalade.
Ford expects $2.2B pre-tax hit due to pension plans
It will result in a hit to Ford's net income by about $1.7 billion in the quarter
Bulletproof 1928 Caddy once owned by Al Capone up for sale for big bucks
The doors are steel plated and the windows are bulletproof
Tesla passes $100B, teeing up big payout for Musk
The meteoric rise of Tesla shares that pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk.
Activist hedge fund Elliott sells stakes in Hyundai companies: Report
The hedge fund's campaign demanding $6 billion in dividends and board seats was thwarted in March.
Trump says tariffs on European cars are still on the table
Trump is meeting with other world leaders at the World Economic Forum in Davos, Switzerland.


















