Volkswagen, the world’s biggest car maker by sales, said net income more than doubled last year on the back of strong sales of its marques and the effect of cost-cutting at its flagship VW brand.
100 News - Autos
Takata Corp. agreed to pay a $650 million civil penalty to end an investigation by the attorneys general of 44 U.S. states into whether the parts supplier concealed problems with rupture-prone air bags.
Raj Nair, a former Ford Motor Co. executive ousted amid misconduct allegations, will lose access to potentially millions of dollars of equity-based awards and bonuses, including a $5 million retention incentive, but will keep his retirement benefits and health care package.
Ford Motor named a new leader for its key North American operations among several executive changes, a day after a top executive was fired after a company investigation into allegations of misconduct.
Ford’s decision to instruct tens of thousands of truck owners to stop driving vehicles with potentially lethal air bags raises fresh concerns for regulators already grappling with the largest automotive safety recall in U.S. history.
Premium versions of American pickups and S.U.V.s are hot sellers, driving the financial fortunes of domestic carmakers scrambling to make more tricked-out trucks.
Fiat Chrysler Automobiles is recalling more than 228,000 pickup trucks to repair a gearbox defect that may allow vehicles to unintentionally shift out of “park” mode
The company’s U.S. unit has reached a settlement with representatives of those injured by lethally defective air bags, paving the way for Takata to move forward with a reorganization plan, according to court documents.
General Motors and Toyota are on divergent paths in North America, where GM is posting lofty profit margins while Toyota’s bottom line has been battered.
Toyota Motor said it was on course for a record profit this fiscal year, but its executives weren’t celebrating because the gains came mostly from currency movements and one-time U.S. tax changes.
Detroit car makers reported underwhelming U.S. auto sales in January, signaling industry volumes will get off to a relatively muted start even as the broader economy is strong.
A supplier for Volkswagen is in discussions with the Justice Department to resolve an impending criminal case arising from its alleged participation in the auto giant’s emissions cheating.
Volkswagen has suspended a senior executive amid mounting outrage over revelations that the car maker conducted experiments on animal and humans in an effort to disprove links between diesel fumes and respiratory illnesses.
A shortage of Model 3 sedans has created a frenzy among curious competitors, Tesla enthusiasts and auto reviewers to get their hands on the electric car. One engineering firm is buying cars from early buyers and selling data and CT scans to other auto makers.
The head of Ford in China resigned after less than six months on the job, compounding the auto maker’s challenges as it tries to rev up flagging sales in the world’s largest car market.
Ford is acquiring two software firms to help build out its mobility business, a move that highlights the need for auto companies to seed management teams with tech talent.
California regulators and Trump administration officials met to discuss for the first time the prospect of changes to vehicle-emissions rules, a significant step in complex negotiations aimed at preventing a legal battle over future environmental regulations on cars and trucks.
Tesla unleashed a bold pay package for Chief Executive Elon Musk that again ties his compensation entirely to key performance benchmarks. This time, the goals take the electric-car maker to cosmic heights, including an ultimate aim of hitting $650 billion in market value.
General Motors avoided a potential $1 billion-plus stock payout to address claims stemming from the auto giant’s ignition-switch crisis after a judge found a settlement between plaintiffs and a trust for the company’s bankruptcy estate unenforceable.
Peugeot is using its purchase of GM’s German unit to lay the engineering groundwork to make its global product lineup capable of meeting U.S.-market standards.
Ford said it expects lower operating profit on an earnings-per-share basis in 2018, with higher commodity costs and adverse exchange rates offsetting gains from cost-cutting efforts and continued demand for high-margin pickup trucks.
Auto makers rolled out a classic Mustang, trays of schnapps and even Arnold Schwarzenegger while unveiling new trucks and SUVs on the road to the era of electric and driverless cars.
General Motors said 2017 pretax profit likely ended up at the high end of its previous forecast but disclosed it will take a $7 billion write-down on deferred-tax assets stemming from the tax-overhaul law.
Guangzhou Automobile Group is planning to be the first Chinese auto maker to enter the U.S. market, but first it needs to ditch its “Trumpchi” brand name.
CEO Sergio Marchionne said Monday he has no plans to sell its Jeep business or split up the company, cooling speculation but leaving the company’s long-term strategy unclear.
Subaru is striking a rare note of optimism about American car buyers by projecting a bump in 2018 sales even as overall volume declines, as it brings a behemoth SUV with 19 cupholders to showrooms.
In an era when U.S. buyers are spending record amounts for cars and trucks, Mitsubishi Motors Corp.’s low-cost showroom is a rare haven for new-vehicle buyers hunting for an efficient and less-expensive way to get from Point A to Point B.
In an era when U.S. buyers are spending record amounts for cars and trucks, Mitsubishi Motors Corp.’s low-cost showroom is a rare haven for new-vehicle buyers hunting for a less expensive and efficient way to get from Point A to Point B.
A top Ford Motor executive said the company will now spend $11 billion on electrified vehicles through 2022, increasing its previous estimates as it races to catch up on battery-powered cars.
GM’s main brand is revealing the first new Silverado—its top-selling U.S. vehicle and among the highest-margin products in the auto industry—in more than five years.
Fiat Chrysler Automobiles issued a recall for more than 162,000 late model Chrysler Pacifica minivans to fix a software flaw that could stall out vehicles while being driven.
Car makers plan revivals of some of their best-known truck and SUV nameplates, bringing a wave of roomy, updated off-road vehicles to the U.S. market—a sign that consumers’ passion for oversize vehicles hasn’t faded.
Toyota and Mazda were offered at least $700 million in combined incentives to steer a $1.6 billion new factory investment to northern Alabama.
Fiat Chrysler Automobiles said Thursday it would invest $1 billion to move production of profitable trucks from Mexico to Michigan, a move that will significantly lower the auto maker’s exposure to potential changes to Nafta.
Ford is telling owners of nearly 3,000 older Ranger pickup trucks not to drive them after learning that a driver was killed last year when a defective air bag made by Japanese supplier Takata ruptured in a crash.
Auto makers missed a U.S. emissions target for the first time despite achieving record fuel economy, setting the stage for intense lobbying as the Trump administration decides whether to roll back regulations.
Chinese passenger-car sales grew at their slowest pace in at least 15 years, rising just 1.4% over 2016 levels, but sales of electric vehicles rocketed compared with the previous year.
Toyota’s choice of Alabama as the new home for a shared factory with Mazda marks a major shift in U.S. vehicle manufacturing, with foreign auto makers poised to build more cars and trucks in America than the Detroit giants.
Cadillac sold more vehicles in China than in the U.S. last year for the first time, an unexpected milestone that highlights the storied brand’s severe struggles at home as much as it represents momentum abroad.
The U.S. auto industry in 2017 likely suffered its first annual sales decline since the financial crisis eight years ago, as demand finally ebbs after a remarkable multiyear growth spurt.
Longtime Post columnist Warren Brown, in his last review, sees hope in the all-new Accord Touring.
Fiat Chrysler Automobiles said it is recalling nearly 1.8 million pickup trucks to repair a gearbox defect that may allow vehicles to inadvertently shift out of “park” mode and move, the latest in a series of recalls.
The Japanese car company’s latest disclosure adds to a scandal that has damaged its domestic business but not its core U.S. market.
An ambitious group of Chinese car developers with billions in backing and a foothold in Silicon Valley are vying to become the next Tesla.
The clunky key fob needed to enter or start cars could be joining the cassette player and other outdated components in the automotive history books.