Ford Motor Co.’s outlook hit another speed bump Thursday, with the company saying hefty charges for an expanded safety recall will reduce this year’s operating profit guidance by 6%.
The Dearborn, Mich., auto maker in July flagged Brexit headwinds and an expected slowdown in its core U.S....
Ford Motor Co. cut its profit outlook for the year after it announced it is nearly doubling its recall of vehicles with faulty door latches.
The Detroit auto maker said it now expects adjusted pretax profit of about $10.2 billion, according to a filing, down from its previous guidance of $10.8...
General Motors and Toyota had their massive scandals. Now it’s Volkswagen’s turn. The company, which owns 70 percent of the U.S. passenger-car diesel market, is in major trouble for cheating on diesel-emissions tests. After years of promoting “Clean Diesel” as an alternative to hybrid and...
General Motors Co. and the Unifor Canadian auto workers union late Monday avoided a strike by reaching a tentative agreement on a new four-year contract that includes wage increases and hundreds of millions of dollars in investment that will keep GM’s Oshawa plant open.
The agreement,...
Dubbed the Solo, the one-seater by Electra Meccanica Vehicles is geared toward commuters
The Solo, a one-seater made by Electra Meccanica Vehicles Corp., could soon go on sale in the U.S. and Canada. PHOTO: CHRISTOPH KOCH/ELECTRA MECCANICA VEHICLES CORP./ASSOCIATED...
James Liang enters plea in Detroit federal court to conspiracy, agrees to cooperate in further investigations
Volkswagen engineer James Liang, left, leaving federal court Friday after pleading guilty to conspiracy in the company’s emissions-cheating scandal. PHOTO: VIRGINIA LOZANO/DETROIT...
Will Lexus ever catch the German Big Three brands in worldwide sales? Toyota's luxury brand won't be doing that in the next few years. Instead, it needs to expand into many new segments.
The US being the only major market where Lexus is a force in premium priced segments naturally affects...
17,150 vehicles sold around the world in August
6 percent growth leading to record sales of 145,000 year-to-date
7,900 Q30 and QX30 sold in Western Europe so far this year
Hong Kong – Infiniti achieved a new global sales record in August. Total sales of over 17,150 were up 2...