The head of Indonesia's largest automobile distributor supports the government's decision to cut fuel subsidies, even though it could impact the company's revenue.» Read More
The carmaker discovered that the nuts it used to adjust the alignment of the rear wheels during the August 2012 recall were not tightened properly.
Even with SUV and crossover utility vehicles sales surging, the average fuel efficiency of new vehicles sold in August set a new record high for the U.S..
Global auto profits will grow by 50 percent by 2020, with more than half of that coming from China, according to a new report.
EPA-certified, the new 2014 hybrid gets about 10 percent better fuel economy around town than the original Toyota Prius.
High-end car sales jumped 31.5 percent, almost double the 17 percent gain the overall auto industry posted during the same month.
Indian equities outperformed on Thursday after the nation's new central bank governor unveiled steps to liberalize financial markets, but caution over a reduction in the Federal Reserve's stimulus capped gains in the rest of Asia.
Ultimately, many on Wall Street will combine August and September, look at the combined sales rate and then compare it against the SAAR from earlier this year.
New data from Experian Automotive shows a record high of 27.6 percent of financed new vehicles purchases in the second quarter being a lease.
The Dedicated Short-Range Communications, or DSRC, system the Japanese maker demonstrated this week can track pedestrians and motorcycles even when they're out of the line of sight.
Asian shares were mostly higher Friday, but gains were capped by uncertainty over the stability of emerging markets and the possibility of a military strike against Syria despite indications a delay might be in the offing.
More and more Americans are getting rid of their old clunkers and that's a good problem for the nation's automakers, Ford CEO Alan Mulally told CNBC.
The Odyssey is the first minivan to pass rigorous safety testing administered by the Insurance Institute for Highway Safety.
Additional workers, and a second shift has been added at the automaker's Flat Rock assembly plant to ramp up supply.
Asian stocks bounced between gains and losses in volatile trade on Tuesday amid fears of a possible confrontation with Syria and as emerging markets were sharply sold-off.
Tesla sales in the Golden State are supercharging: Sales of the electric car have surpassed Porsche, Jaguar, Volvo, Land Rover, and Lincoln.
Shares of Tesla Motors (TSLA) have been in overdrive, up 353 percent on the year. But could the stock be overvalued? You'll be surprised to hear what CEO Elon Musk thinks. But first, Phil Lebeau asks if the Tesla co-founder considers his company a tech-innovator or an automaker.
Asian equity markets tracked Wall Street's fall on Tuesday on concerns when the Federal Reserve might start to pare back its asset purchases.
China still doesn't have a truly mammoth, global brand. No Apple. No Samsung. No Ikea.
The Japanese car company has launched Project Drive-In, an effort to rescue at least some of the remaining theaters that continue to operate once the sun goes down.
New rules announced Wednesday aim to make it easier to find out if a vehicle has been subject to a recall and whether it has been repaired.