After investing nearly two years and 'several million dollars' to help create online auction selling across multiple platforms, ADESA is bowing out, said Peter Kelly, president of ADESA's corporate sibling in charge of digital...
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American Axle reported leaps in revenue for the fourth quarter and the year. The powertrain components supplier had lower net income for the quarter but growth for the year.
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The commercials that Cadillac teed up for the Oscars broadcast Sunday night could be seen as simply the first step in what brand boss Johan de Nysschen has described as a "journey" to luxury prominence.
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GM received another 33 claims for compensation for ignition switch defects in its cars in the past week, bringing the total to 4,345, according to the administrator of the company's compensation program.
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Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, two sources familiar with the plan said Sunday.
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Daimler expects truck sales to rise at least 5 percent to more than 500,000 this year and to 700,000 by 2020 due to rising demand in the U.S., helping to offset a slump in markets such as Brazil, trucks chief Wolfgang Bernhard said today.
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Daimler expects to sell more than 500,000 trucks this year, mainly thanks to growing demand in the United States, trucks chief Wolfgang Bernhard said today.
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Honda said CEO Takanobu Ito will leave his post and appointed an randd executive with experience in the U.S. as his replacement following a string of quality lapses.
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