U.S. upgrades probe into 1.33 million Ford Explorers over exhaust odors
NHTSA is upgrading a probe into 1.
Big U.S. auto discounts are bane to Asian automakers' profits
Asian carmakers are taking hits to their profits from having to spend more to move metal in America. Nissan and Hyundai both said higher U.S. incentives dented Q2 profits.
Wells Fargo to refund $80 million to car loan customers
Wells Fargo said it would reimburse about $80 million to 570,000 customers who may have been charged wrongly due to issues related to auto collateral protection insurance.
Marchionne expresses 'disgust' over FCA-UAW executive conspiracy
FCA CEO Sergio Marchionne expressed "disgust" over an alleged multimillion-dollar conspiracy involving the company's former labor-relations chief, Alphons Iacobelli.
2017 Fiat Chrysler diesel vehicles approved for sale by regulators
The EPA and California Air Resources Board said they approved FCA's request to sell 2017 diesel vehicles with updated emissions software after months of testing.
Musk risks missing the mainstream if Model 3 strays from $35,000
Tesla's Model 3 handover party is Friday, but the $35,000 price tag is just a starting point. Many mainstream buyers will still find the electric sedan out of reach.
Unions urge slowdown as self-driving car bills pick up speed
Labor unions are urging a slowdown as lawmakers fast track legislation to allow self-driving vehicles on the road, a potential boon to some union jobs and an existential...
Visteon offsets U.S. slowdown with Q2 gains in China
Visteon said net income ramped up during the second quarter as the supplier offset a slowdown in the US with strong sales in China and product innovations.
Ally Financial chased margin, not volume, in Q2
Ally Financial's results took a hit in the second quarter from several factors, starting with lower originations, as the lender continued its strategy to pass up volume in...
Honda says Florida crash death could be linked to Takata inflator
Honda said a Takata airbag inflator ruptured in car crash last week in Florida, in what could be the 19th death worldwide linked to the supplier's faulty airbags.
BorgWarner Q2 net income up 29 percent
BorgWarner reported a 29 percent jump in net income for the second quarter, to $212 million, thanks in part to growth in its sales of drivetrains in China.
2018 Chevrolet Traverse will start at $30,875
The 2018 Chevrolet Traverse will start at $30,875 including shipping, Chevy said Thursday, $1,280 more than the 2017 model.
Feds seize $125,000 worth of pot in rail cars carrying imported Fords
For the second time this month, Ford vehicles imported to the U.S. from Mexico were found being shipped with marijuana.
Rolls-Royce taps art world to raise custom game with new Phantom
Rolls-Royce Motor Cars is ramping up the personalization options on the redesigned and re-engineered Phantom flagship limousine to allow owners to embed bespoke artwork...
Ford's ride-share unit Chariot expands to New York
Ford said that Chariot, the San Francisco-based shuttle service it acquired last year, will soon expand to New York.
Group 1 Q2 net falls 16% on energy markets
Group 1 said its second-quarter net income fell 16 percent on weakness in US markets impacted by low energy prices, particularly in Houston.
House committee approves self-driving legislation, refines safety exemptions
The House Energy and Commerce Committee unanimously approved bipartisan legislation that would for the first time govern the manufacturing, testing and deployment of...
Penske Automotive says Q2 net income rises 14 percent
Penske Automotive reported a 14 percent gain in second-quarter net income, crediting increased business in used-vehicle sales, service and parts and finance and insurance.
Nissan posts 13% drop in Q1 profit on higher expenses, incentives
Nissan posted a 13 percent drop in quarterly operating profit, as a rise in marketing and selling expenses, including incentives, offset a rise in global vehicle sales.
Proposed U.S. border tax killed by Republicans
Republican leaders in Congress conceded that a border-adjusted tax doesn't have support to be part of negotiations to overhaul the U.S. tax code.
VW profit jumps as core brand pushes cost cuts, models
VW Group's profit jumped to 4.55 billion euros ($5.34 billion) in the second quarter, helped by cost cuts and higher-margin new models at its core VW brand.
N.Y. weighs 'textalyzer' to combat distracted driving
Imagine a Breathalyzer, but instead of measuring your blood-alcohol level, it measures your cellphone activity while behind the wheel.
Lear Q2 net rises 10% to $312 million
Lear posted a 10 percent increase in profit for the second quarter from growth in seating revenue and higher margins. The supplier reported net income of $311.9 million.
U.S. House votes to kill CFPB rule barring mandatory arbitration in lending disputes
The House voted 231 to 190 along strict party lines to kill a CFPB rule barring financial institutions from forcing customers to agree to take future disputes to arbitration.
Uber lawyers should be booted after aiding cover-up, Waymo says
Waymo claims Uber had an accomplice in the theft of invaluable driverless technology trade secrets -- the ride-hailing giant’s own lawyers.
Porsche repeats as most appealing brand, Power says
Luxury brands again dominate the top spots in J.D. Power's latest study of new-vehicle appeal. Genesis debuted at No.
Hyundai faces weak outlook as U.S., China woes persist, dent Q2 results
Hyundai posted its smallest quarterly net profit in five years, falling dismally short of estimates, and warned the second half of 2017 would be challenging as political...
Daimler earnings rise as cartel allegations cloud gains
Daimler, reeling from allegations of decades-long collusion with other German automakers, reported a 15 percent jump in second-quarter profit as its Mercedes brand delivered...
Asbury Automotive exits its used-only operations
Asbury Automotive is closing its remaining Q auto stand-alone used-car stores to redirect investments that will deliver better returns.
GM launching over-the-air updates 'before 2020,' Barra says
GM CEO Mary Barra said the company plans to launch a new electrical vehicle architecture and infotainment system capable of over-the-air updates "before 2020."