SHANGHAI/ BEIJING, Oct 21- Chinese automakers from state-owned FAW Co to Zhejiang Geely are racing to sell more eco-friendly cars as they try to meet tough fuel economy rules due next year as part of Beijing's battle against pollution. But many of China's smaller indigenous automakers will struggle to make the costly upgrades needed to meet the new rules, which...» Read More
U.S. auto sales are expected to have dipped slightly in October, as stepped-up incentive spending by automakers could not totally offset the drag from continued turmoil in the U.S. housing market, analysts said.
If you go to as many auto shows as I do, you quickly realize that there are only a few times you see a car, truck or SUV that is truly cool. Once again, spending a couple days in Las Vegas convinced me that the WOW factor is at the SEMA (Specialty Equipment Manufacturing Association) convention.
Truck maker MAN said Wednesday that its third-quarter profit rose 32 percent on a gain in orders for its trucks and improving sales, and raised its outlook for the rest of the year.
Auto-parts maker Visteon posted a narrower quarterly loss on Wednesday, supported by cost cuts, and said a multiyear restructuring plan remains on track.
Ford Motor and the United Auto Workers union Tuesday intensified the pace of negotiations for a new labor contract, a person familiar with the talks said.
Europe's major indexes closed lower Tuesday as investors remained cautious in the run up to Wednesday's Federal Reserve decision and in the wake of a generally disappointing batch of major earnings reports.
Goodyear Tire & Rubber, the largest U.S. tire maker, posted a quarterly profit Tuesday, supported by a gain on the sale of its engineered products business and a focus on sales of more expensive branded tires.
OK, at first blush Jay Leno and rapper 50 cent might seem like a strange combination. But for General Motors this odd couple is the star power the automaker needs to draw attention to specialty auto parts. Last night here in Las Vegas, Leno unveiled a Corvette Z06 modified for racing performance even when running on E85 ethanol.
Germany's Continental just missed forecasts with an 8 percent rise in third-quarter operating profit, and said it would issue 14.65 million new shares to help pay for its takeover of Siemens VDO.
Chrysler CEO Bob Nardelli said Monday he has a three-pronged strategy to return the company to profitability that starts with listening to the company's detractors.
The latest reports in Automotive News about strong sales in Eastern Europe helping Ford and Toyota meet sales goals, confirms something I've been hearing for some time from Big 3 execs. Don't focus so much on the U.S. and lose sight of the real battle over global sales.
The United Auto Workers union already has seen two strikes and significant dissent in this year's round of contract talks, but the fight could be just beginning as the union turns to its last bargaining partner, Ford Motor.
Workers represented by the United Auto Workers voted to ratify a four-year contract with automaker Chrysler, the union announced Saturday, capping a close-fought ratification battle that had threatened to scuttle the labor pact.
One of the great things about covering the auto beat is seeing the passion people have for cars, trucks, going fast, customizing their rides, etc. I always tell people, "if you wanna see passion in motion, spend a few days tracking people who love their cars."
Global gasoline prices rose in October, defying a seasonal fall at the end of summer when driving demand wanes, as crude prices hit record highs, a Reuters survey on Friday showed.
The 40th Tokyo Motor Show is taking place in Chiba City and will open to the public from October 27th onwards. The show is gives an insight into the state of the Japanese car industry, and which direction it is going. CNBC.com takes a look at what it has to offer.
Kia Motors, South Korea's No. 2 automaker, posted a bigger-than-expected quarterly net loss, hit by price cuts earlier this year and weaker sales.
Wow. A car company signs up Bob Dylan to pitch cars, I blog about it, and it's clear some of you do not like the idea of Dylan and Caddy riding together. In Tuesday's blog I talked about Cadillac signing a deal with Bob Dylan that includes the rock and folk legend pitching Cadillac's.
Sparkling results at Mercedes cars helped Germany's Daimler boost third-quarter operating profit by a better-than-expected 4 percent, sending its shares up more than 6 percent on Thursday.
Major European indexes closed lower after U.S. existing-homes sales fell 8% in September to a record low 5.04 million unit because of troubles in the subprime mortgages and credit markets.