TrueCar calls second quarter a 'wake-up call'Auto News

TrueCar CEO Scott Painter told analysts Thursday that the online car-shopping company will miss its previous guidance on second-quarter earnings and said the reasons for the shortfall amounted to a 'wake-up call to focus on the business.'

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TrueCar calls second quarter a 'wake-up call'Auto News

TrueCar Inc. CEO Scott Painter today told analysts that the online car-shopping company will miss its previous guidance on second-quarter earnings and said the reasons for the shortfall amounted to a 'wake-up call to focus on the business.

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Mitsubishi to end U.S. vehicle output, report saysAuto News

Mitsubishi plans to quit building light vehicles in the U.S., according to a report from Japan, but American officials with the automaker declined to comment Thursday.

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GM faces FTC probe over possible CPO sales without recall fixesAuto News

The Federal Trade Commission is investigating GM because some of its dealerships advertised certified used vehicles that hadn't received recall-related repairs, the company said Thursday.

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Honda's freshened Accord gets new smartphone, safety tech for 2016Auto News

Honda unveiled a midlife update for its midsize Accord on Thursday, a lightly freshened model that will play nice with both Apple CarPlay and Android Auto.

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Freshened 2016 Honda Accord gets new smartphone, safety techAuto News

Honda unveiled a midlife update for its midsize Accord on Thursday, a lightly freshened model that will play nice with both Apple CarPlay and Android Auto.

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Mitsubishi to end U.S. car production, report saysAuto News

Mitsubishi plans to quit building cars in the U.S., according to a report from Japan, but American officials with the automaker declined to comment Thursday.

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Mitsubishi plans to end U.S. car production, report saysAuto News

Mitsubishi plans to quit building cars in the U.S,, according to a report from Japan, but American officials with the automaker declined on Thursday to comment. Japan's Nikkei news service said the plan to cease production at Mitsubishi's only U.S.

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Mexico Lurks Over Ford-UAW Talks (7/23/15)

Mexico lurks Ford-UAW talks; Buick’s ‘special’ Encore plan; Benz anti-hacker move;...
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Uber, Santander end car-loan partnershipAuto News

The partnership between Uber Technologies and Banco Santander SA's U.S. auto loan unit has ended, Uber says, removing one of the country's most prominent car lenders from a program trumpeted by the app-based ride service.

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Gentex Q2 profits slip; revenue rises on higher mirror shipmentsAuto News

Second-quarter profits at Gentex, a mirror, camera and electronic component supplier, dipped 2.8 percent to $74.5 million compared with the year-earlier period.

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The UAW (and Trump) cry foul as Ford runs for borderAuto News

As GM and Ford run for the border, investing billions of dollars and creating thousands of jobs in Mexican plants, UAW leaders fume and gain an unlikely ally.

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Japan auto lobby chief warns of 'downward spiral' in ChinaAuto News

The head of Japan's auto lobby, warning of a "downward spiral," says China's economic situation looked tough and that he was not optimistic about the outlook for the country's auto market.

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Nissan halts sales of some redesigned MaximasAuto News

Nissan halted some U.S. deliveries of the redesigned 2016 Maxima due to an unidentified quality problem.

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GM shrugs off China worries with $1.1B Q2 profitAuto News

GM's strong second-quarter results in China seemed to allay investors' concerns that a slowdown in Chinese demand would dent the company's bottom line. The automaker posted net income of $1.1 billion last quarter, fueled by strong U.S.

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Toyota delays decision to produce Lexus lineup in ChinaAuto News

Toyota likely will delay building Lexus models in China for at least a few years as growth in the country's auto market slows to a crawl and a weak yen makes it cheaper to ship cars from Japan.

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Japan auto lobby chief warns of 'downward spiral' in ChinaAuto News

The head of Japan's auto lobby, warning of a "downward spiral," says China's economic situation looked tough and that he was not optimistic about the outlook for the country's auto market.

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Group 1 profit up 20% on record revenueAuto News

Group 1 Automotive reported strong second quarter earnings, thanks to rising vehicle sales and firm pricing in the U.S. and the United Kingdom, and improvements in its Brazilian division despite tough economic conditions in that country.

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Ferrari files for IPO to raise funds for Fiat ChryslerAuto News

Fiat Chrysler Automobiles NV's plan to raise money by spinning off Ferrari took a step forward with the automaker filing for the unit's initial public offering on the New York Stock Exchange.

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Group 1 profit jumps 20% on record revenueAuto News

Group 1 Automotive reported strong second quarter earnings, thanks to rising vehicle sales and firm pricing in the U.S. and the United Kingdom, and improvements in its Brazilian division despite tough economic conditions in that country.

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GM posts $1.1 billion profit in Q2 Auto News

General Motors posted second-quarter net income of $1.1 billion, buoyed by record operating profits in North America and continued strength in China, despite the recent slowdown in car sales there.

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Kia readies hybrid subcompact crossover, Sportage redesignAuto News

Kia Motors is gearing up for a run at the subcompact crossover market, one of the fastest-growing product segments in the U.S., with a hybrid variant. Spy photographers recently caught a fleet of the vehicles during some hot-weather testing.

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Ford seeks to shake stigma of Detroit's most generous automakerAuto News

Ford, beset by the highest U.S. labor costs in the industry, is seeking to use contract talks this summer with the UAW to ease the burden.

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