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Honda is returning to Formula One, confirming that it will renew its partnership with McLaren and supply the British team's engines from 2015. The Financial Times reports.
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LOS ANGELES, Nov 29- Hyundai Motor Co's admission that it overstated fuel economy claims on several of its top-selling cars has the industry worried, with speculation rife among executives and analysts at the Los Angeles auto show that more automakers may have to do the same.
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LOS ANGELES, Nov 29- Ford Motor Co, which has emphasized boosting the fuel economy of its lineup to attract car buyers, won a top "green car" award for its Fusion midsize sedan, making it the least expensive model yet to earn the title.
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“With the content going into new cars and trucks, the costs will have to be passed along to buyers,”says John Humphrey, Senior Vice President of J.D. Power.
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*Past winners include Chevrolet Volt, Honda natgas Civic. "It won by virtue of the fact that it offers an array of choices," Ron Cogan, editor of Green Car Journal, said of the Fusion after announcing the award. " Previous winners have included General Motors Co's plug-in Chevrolet Volt and Honda's natural gas-powered Civic.
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*Annual sales rate could hit highest level since Feb 2008. LOS ANGELES, Nov 29- U.S. auto sales are expected to rebound robustly in November, potentially hitting their strongest pace in more than four years, as consumers in the Northeast returned to dealerships after superstorm Sandy hurt demand in late October.
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In a city where it's all about building buzz, the auto industry is quietly generating the kind of optimism it hasn't seen in at least five years.
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Kelley Blue Book is the go-to resource for new car shoppers with performance and resale value in mind. CNBC.com presents Kelley's list of 10 cars with the best resale value for 2013.
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If the upcoming L.A. Auto Show is any indication, American motorists are in for a green holiday season. NBCNews.com reports.
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General Motors, just three years out of bankruptcy, is taking a big step to bolster its captive finance operations overseas. The world’s largest automaker bought the international operations of Ally Financial for $4.2 Billion.
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"By any measure this is an incredible turnaround for a company whose very survival was once in question," CEO Marchionne said at Chrysler's Mack Engine Plant.
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During the final weeks of the presidential campaign, Republican nominee Mitt Romney called Tesla a “loser.” Romney was lumping Tesla in with Solyndra, Fisker, A123 and lithium-ion cell maker Ener1.
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Let’s get something straight. As much as Ford Motor may not want to admit it, the new Transit Connect Wagon is basically a minivan.
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Wrap your head around this. By 2035, the number of vehicles on the road worldwide will double to 1.7 billion. Yes, that's billion with a "B". That's the latest forecast from the International Energy Agency.
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Fifty-five years after Toyota became the first Asian automaker to sell cars in the U.S., the Far East has climbed to the top of the mountain with American car buyers.
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While the U.S. economy continues to face challenges following the presidential election, PIMCO’s Neel Kashkari called out additional headwinds and touted one stock with potential Wednesday on CNBC.
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I doubt we'll ever be able to quantify exactly how many votes in Ohio and Michigan Governor Mitt Romney lost for the way his campaign bungled the issue of the auto bailout.
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YOKOHAMA, Japan, Nov 6- Counting the cost of anti-Japanese protests in a territorial dispute with China, Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, and said it had lost share in its biggest market.
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YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.
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YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by 20 percent to 320 billion yen, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.
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*Toyota shares up 2.2 pct ahead of Q2 results. TOKYO, Nov 5- Toyota Motor Corp nudged its full-year net profit forecast up to $9.7 billion, even as it put the cost of recent anti-Japanese protests and a slowing economy in China, the world's biggest autos market, at lost sales of 200,000 cars.