The clock is ticking toward an 11:59 p.m. Eastern deadline that could leave Fiat Chrysler facing its first strike in eight years.» Read More
The "Auto sales" Today module sent for use as part of Money& Markets for Friday, Oct. 2, gave the incorrect date for the release of U.S. auto sales data.
Is as good as it gets for the automakers? Analysts see reasons why strong auto sales can continue.
*Gold prices rebound after four-day slide. NEW YORK/ LONDON, Oct 1- Palladium rose to its highest level in nearly three months on Thursday on reports of strong car sales from major automakers, continuing a trend in which the component of gasoline engine autocatalysts gains at the expense of platinum. Gold prices were little changed ahead of the U.S. nonfarm...
GM, Ford, and Fiat Chrysler Automobiles reported a jump in September sales as cheap gasoline and low rates drove demand for SUVs and pickup trucks.
If you were wondering how long the Volkswagen scandal would take to make an impact on the firm's top line, sales may already be slipping.
Jay Leno talks whether you should shell out $120,000 for Tesla's P90D.
Ford's U.S. sales grew 23 percent in September, Nissan surged 18 percent and Fiat Chrysler's U.S. sales jumped nearly 14 percent. Sales at General Motors rose 12 percent, while Toyota posted a 16 percent gain. Hyundai's sales were up 14 percent and Honda's rose 13 percent.
South Korea said on Thursday that Volkswagen informed the government that it could recall around 120,000 vehicles sold in the country.
During the day, Google will take journalists on rides in its autonomous drive prototypes, then Tesla will deliver the first Model X.
MOSCOW, Sept 28- Russian car sales could total 1.7 million units this year, higher than previously forecast after a recent spike in demand that should last three months, the Association of European Businesses said on Monday. Sales for 2015 will still be around 34 percent lower than last year, the AEB, which compiles Russia's monthly car sales statistics, said, but...
Alcoa is splitting into two publicly-traded entities, acknowledging that its legacy aluminum operations and higher-value and automotive businesses were diverging and no longer compatible.
VW faces some desperate and immediate challenges.
For a year, VW officials insisted to U.S. regulators that tests on its diesel cars showing a spike in pollution levels on the road were in error.
NEW YORK, Sept 24- Independent car dealerships sued Volkswagen AG in California on Thursday over losses they say they will incur following revelations that the company fitted some diesel models with software to cheat on U.S. vehicle emissions tests. The proposed class action was filed in California federal court on behalf of independent car dealers in the...
"You now have a passionate constituency that feels betrayed," said Mike Jackson, CEO of Florida-based AutoNation.
Shares of BMW drop sharply on a report that its diesel engines "significantly" exceeded regulatory limits. VW's SEAT also implicated.
Matthias Muller, the current chief of Volkswagen subsidiary Porsche, is expected to be named CEO of Volkswagen, sources told CNBC.
By Emma Thomasson and Paul Sandle. BERLIN/ LONDON, Sept 24- Motor dealers and consumer groups alike expressed frustration on Thursday at a lack of information from Volkswagen about the implications for customers of a scandal involving diesel cars rigged to pass U.S. emissions. 'said an insider at a major Volkswagen dealership in Britain, who declined to be named.
VW's recent accomplishments made Winterkorn's resignation seem all the more sudden.
The U.S. government will be less accepting of auto industry claims, warns the top federal vehicle safety regulator.