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LMC said it expects vehicle sales will bottom out in April in North America and Europe, with post-pandemic […] -
The recalled vehicles have a programming error in the parking assist controller software causing cars to move, […]Super Bowl star Hyundai Sonata recalled for ‘Smaht Pahk' glitch
Auto April 20, 2020 -
The sudden need to set aside significantly higher provisions for loan losses drove down earnings at one […]Ally Q1 hard-hit from COVID-19; 25% of auto customers seek forbearance
Auto April 20, 2020 -
Used-car prices are falling faster and steeper than JPMorgan was first expecting, lead analyst Ryan Brinkman wrote […]GM, Ford captive financiers may lose billions on used-car price plunge
Auto April 20, 2020 -
Adient estimates its cash burn is averaging $175 million per month during the COVID-19 crisis. Read MoreAdient seeks $500 million amid COVID-19 cash burn
Auto April 20, 2020 -
Faurecia is joining several global auto suppliers that are starting to report financial results amid the crisis and […]Faurecia Q1 sales take hit from pandemic
Auto April 20, 2020 -
VW brand’s chief operating officer, Ralf Brandstatter, said the program could be geared toward cars with low […]German industry calls for cash-for-clunkers program to boost car sales
Auto April 20, 2020 -
The deal marks a further step in the automaker’s efforts to make amends after it admitted to […]VW settles emissions case with majority of German claimants
Auto April 20, 2020 -
While the automaker has not announced plans for the new crossover, it recently registered the X8 M trademark, […]BMW to grow crossover lineup with X8
Auto April 20, 2020 -
The free-service offer, which covers nearly all makes and models of vehicles and not just Mazdas, also […]Mazda dealers inspire free service for health workers
Auto April 19, 2020 -
After gaining market share and industry awards in recent years, the group is willing to spend to […]Hyundai prepares for robust rebound
Auto April 19, 2020 -
Even as automakers aim to resume assembling vehicles in as little as two weeks, some now have […]Was Carolina tornado an industry monkey wrench?
Auto April 19, 2020