Aston Martin is recalling 1,658 Vantage cars after a software update led to incidents in China in which some cars stalled and lost power.
BEIJING— China's auto sales shrank for a second month in May amid weak demand following a rise in the sales tax, an industry group reported Monday. Sales in the world's biggest auto market by number of vehicles sold contracted 2.6 percent from a year earlier to 1.75 million vehicles, according to the China Association of Automobile Manufacturers.
Asian markets closed higher on Friday, after the release of strong private payrolls stateside and as the U.S. withdraws from a climate agreement.
The average car on the road is more than 11 years old, but sales this year are expected to fall below last year’s record number. We ask Kelley Blue Book’s Rebecca Lindland how automakers are shifting to a new future with self-driving cars, and a changing marketplace.
Owners with potentially defective Takata air bags are eligible for financial assistance in getting their vehicles fixed and up to $500 in compensation. USAToday reports.
Ford's April U.S. sales fell 7.2 percent, dragged down by car sales that tumbled over 21 percent.
Asia markets closed mixed as traders parsed the RBA decision's to hold steady, key bank earnings in Australia and Singapore, and the dollar.
Asia markets close up, with energy plays mostly finishing lower and several major exchanges shut for a Labor Day public holiday.
Roland Krueger, president of Infiniti Motor, says demand patterns in the luxury car segment differ from the broader market.
Infiniti's first quarter sales rose 18 percent on-year to 67,367 vehicles globally, with around 28,000 in March alone, the luxury car maker said.
Asia markets ended lower on Tuesday, with the Australian dollar slipping in the wake of the RBA's on-hold call.
America's long, robust boom cycle for car sales may finally be losing steam.
Automakers reported declining car sales that sent share prices for the Big Three lower.
Ford, GM and Honda report an increasing reliance on truck and SUV sales as U.S. sales of cars continue to slip.
Asia markets traded lower after U.S. equities declined overnight, as the market priced in increasing chances of a Fed hike later this month.
Asia markets traded higher after U.S. stocks rose overnight, with the Dow Jones industrial average closing above 21,000.
Asia markets traded mixed, despite U.S. gains, as investors await key speech from Trump and also look ahead to India's October-to-December GDP.
Asia markets traded lower after a mixed finish in the U.S. on the back of remarks made by U.S. Treasury Secretary Steven Mnuchin.
Asia markets traded lower on Thursday after a mixed close in the U.S. as Fed minutes hinted that a rate hike is coming 'fairly soon.'
Nissan Motor said on Wednesday it has appointed the company's co-chief executive officer, Hiroto Saikawa, as Nissan's chief executive.