Automotive News Breaking News Feed

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This was supposed to be the year when GM made a record $10 billion in profit. But the company, rocked by a recall crisis, will be hard pressed to avoid posting a loss when first-quarter earnings are released on Thursday. The cost of recalling 2.
Posted: April 23, 2014, 6:15 pm
Showa has agreed to plead guilty to fixing the prices of electric power steering assemblies and to pay a million fine, the Justice Department said today.
Posted: April 23, 2014, 5:01 pm
J.D. Power is acquiring analytics company Korrelate in a move to measure consumer online shopping behaviors and trends, the company said today.
Posted: April 23, 2014, 3:00 pm
Johnson Controls reported a 59 percent jump in quarterly profit, helped by higher sales in its automotive unit.
Posted: April 23, 2014, 12:57 pm
Asbury Automotive said today it will open two stand-alone used-vehicle stores later this year. The company plans to open the two used-vehicle stores in Florida under the 'Q auto' brand name.
Posted: April 23, 2014, 12:35 pm
Tesla Motors Inc. has leased an idled parts-distribution center in rural California where it plans to hire engineers and technicians as the maker of luxury electric cars expands operations.
Posted: April 23, 2014, 12:22 pm
Toyota outsold VW Group and GM for a third straight quarter. Toyota sold 2.58 million units in the January-to-March period, it said today. Second place is too close to call as GM and VW said they each sold about 2.4 million vehicles.
Posted: April 23, 2014, 10:11 am
When Mark Fields took charge of Ford's Americas operations nine years ago, it was a major repair job with record losses and a brush with bankruptcy. Today, Ford's North American operations are the envy of the industry.
Posted: April 23, 2014, 5:01 am
Former General Motors CEOs and other executives should be called to testify to before Congress about the company's slow response to defective ignition switches in cars that have been linked to at least 13 deaths, a Democratic senator said on Tuesday.
Posted: April 22, 2014, 9:20 pm
General Motors is replacing its head of engineering and will divide its vehicle engineering organization into two divisions in a shakeup that the company says will improve quality and safety in the wake of its recall crisis.
Posted: April 22, 2014, 3:26 pm