The problems for Takata grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States.» Read More
Ford, GM, Chrysler and Nissan reported double-digit U.S. sales gains last month, signaling the best April for car and truck sales in six years.
Call this the long overdue Spring sales surge for the pick-up truck. It may not be sexy, but the importance for automakers and the U.S. economy cannot be overstated.
Chrysler saw earnings growth slow last quarter. The lower profit was expected as Chrysler shipped fewer vehicles, handled higher costs due to the launch of new models, and saw its mix of sales shift more toward less profitable cars.
Honda is recalling nearly 46,000 Fit Sport small cars in the U.S. and Canada to fix a problem with the electronic stability control system.
Tesla is beefing up its service business by making the warranty on its battery packs "unconditional" and offering new services to Model S owners who need work done on their car.
Honda and Mazda expect to post vastly higher profits this year as they take advantage of export-friendly currency moves, but will face high costs of expansion.
Even though it's more history than not, first quarter GDP is the number traders will be watching Friday for what it might say about the current slowdown that began in March.
The Department of Transportation wants automakers to limit their in-car communication systems in an effort to curb distracted driving accidents.
The reluctance to invest in new plants and equipment could be the biggest challenge to Abe's policies aimed at driving Japan out of a decade and a half of stagnant growth.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
Facing tougher competition in what is now the world's biggest autos market, Nissan and its Japanese rivals Toyota Motors and Honda Motors are having to increase the locally made content in their cars.
A new study by consulting firm AlixPartners estimates by 2015, the cost of outsourcing manufacturing to China will be equal to the cost of manufacturing in the U.S.
Global carmakers have poured billions of dollars in India's once-booming car market are now struggling as slow economic growth keep their target customers from parting with their cash.
China has fallen hard for utility vehicles with SUV sales jumping 20.8 percent last year, outpacing the overall auto sales rate in the U.S.
China, once a major weakness for Ford, is expected to generate 40 percent of the automakers annual sales by the end of the decade. The projection means China will likely pass the United States as Ford's largest market by 2020.
VW is in position to overtake General Motors in global sales this year—and should close the gap with Toyota for the title of number one in the world.
Despite lackluster sales of fully electric and extended range electric cars, President Obama's proposed budget for 2014 calls for $575 Million for the Energy Departments vehicle research budget.
Four Japanese automakers including Toyota Motor Corp, Nissan Motor Co and Honda Motor Co are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.
Stocks finished higher in light, tight tug-of-war trading Thursday as Wall Street cheered Bank of Japan's aggressive new stimulus measures, but a disappointing weekly jobless claims report kept a lid on gains.
The U.S., the world's largest source of natural gas, may find itself fending off stiff competition in the resource's development.