Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results

Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results

Stellantis is counting on lower production, price cuts and new model launches to reverse plunging...

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in...

Volvo softens EV-or-bust strategy as hybrids show promise

Some Volvo dealers fear the consequences of sticking to the 2030 target as EV growth...

Toyota weighs 4-day workweek in sweeping overhaul of office life

The possible change in Japan is part of a sweeping rethink of office life meant...

Hyundai posts record Q2 profit on strong U.S. sales

Sales in the U.S., Hyundai’s biggest revenue-generating market, edged up 2.2 percent as high-margin SUV...

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in...

Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales

Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial...

Stellantis earnings nearly halve on weak U.S. shipments

The results add to the pressure for CEO Carlos Tavares to reverse a decline in...

Watch Audi R&D chief Thomas Mueller at the 2024 Automotive News Europe Congress

Thomas Müller, Audi’s executive vice president for R&D, was a speaker at the 2024 Automotive...

UAW, after making Biden wait for endorsement, not ready to support Harris

UAW President Shawn Fain said the union’s leadership would discuss possibly endorsing Vice President Kamala...

Renault sticks to 2024 outlook as first-half profit beats estimates

Renault returned to growth last year after four consecutive years of declining unit sales, and...

FTC CARS Rule could put auto lenders at risk

The Federal Trade Commission’s CARS Rule poised to take effect upon car dealerships might have...

Need help?

If you need support, please send an email to [email protected]. Thank you.