VW brand on track to post slight U.S. sales gain in October, report saysAuto News

Sales of VW-brand vehicles in the U.S. have grown "slightly" in October, the first full month since the company's emissions scandal broke, two people familiar with the matter said, Reuters reported.

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Former U.S. prosecutor named to monitor GM safety effortsAuto News

A former prosecutor in Manhattan will serve as the independent federal monitor for GM following its agreement to pay $900 million to end a U.S. criminal probe over a lethal defect in ignition switches.

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NBA's All-Star game jerseys to feature Kia Motors badge in 2016-17Auto News

The NBA will break with tradition and place a sponsored corporate logo, Kia Motors, on player jerseys during the next two All-Star games, the league says.

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GM CEO Barra to keynote at 2016 CES Auto News

General Motors CEO Mary Barra will be a keynote speaker at the 2016 CES electronics trade show in Las Vegas, the Consumer Electronics Association said Thursday.

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GM's Janesville, Wis., plant slated to close for good, UAW memo showsAuto News

GM's mothballed assembly plant in Janesville, Wis., is slated to be closed permanently, the UAW disclosed in documents related to its tentative labor deal with the automaker.

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GM's Janesville, Wis., plant slated to close for good, UAW memo showsAuto News

GM's mothballed assembly plant in Janesville, Wis., is slated to be closed permanently, the UAW disclosed in documents related to its tentative labor deal with the automaker.

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McLarty Automotive buys Machens group stores in MissouriAuto News

McLarty Automotive Group has acquired all but two stores owned and operated by Joe Machens Dealerships of Missouri.

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Nissan's Datsun brand weighs more marketsAuto News

Nissan Motor Co.'s reborn Datsun brand is considering additional global markets for its low-cost cars.

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Ghosn: VW 'Scandal' Hurts Diesel Acceptance (10/29/15)

Ghosn: VW ‘scandal’ hurts diesel acceptance; Mazda diesel delay?; BMW’s fuel-cell...
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Swatch mulls IPO for EV battery unit as VW scandal boosts interestAuto News

Swatch Group CEO Nick Hayek is considering an initial public offering for the clean-power unit that builds batteries for electric cars as Volkswagen's diesel emissions violations boost interest in energy-efficient technology.

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Penske reports a 17% rise in Q3 profits, eyes Europe dealsAuto News

Penske Automotive Group reported third-quarter net income rose 17 percent on higher vehicle sales and strong revenue from finance and insurance, and service and parts operations.

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Delphi trims 2015 sales, profit outlook on slowdown in ChinaAuto News

Delphi Automotive cut its annual profit and sales forecasts to below analysts' estimates as China's vehicle market slows.

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GM employees tied to faulty ignition switch deserve jail time, N.J. governor Christie says Auto News

New Jersey Gov. Chris Christie said during Wednesday's Republican presidential debate that he would have prosecuted the GM employees responsible for the company's ignition-switch crisis.

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VW eyes 10-20 people responsible for emissions violations, report saysAuto News

Volkswagen believes that up to around 20 people were involved in its rigging of diesel-engine emissions tests, a person familiar with the matter said on Thursday.

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Johnson Controls earnings fall on sale of business lineAuto News

Johnson Controls posted lower net income from continuing operations for the fiscal fourth quarter on Thursday, largely due to the sale of a business segment.

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BorgWarner cuts 2015 profit, sales outlook on VW woes, exchange ratesAuto News

Automotive supplier BorgWarner lowered its forecast for 2015 profits as its biggest customer, Volkswagen, suffers from lower sales following violations of diesel emissions tests.

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Penske reports 17% rise in Q3 profitsAuto News

Penske Automotive Group reported third-quarter net income rose 17 percent on higher vehicle sales and strong revenue from finance and insurance, and service and parts operations.

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Ally Financial profit slumps on lower auto loansAuto News

Ally Financial's third-quarter profit fell 37 percent as it earned less money from its core auto lending and dealer financing operations.

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VW to shift focus to profits over volume, Mueller saysAuto News

The Volkswagen Group is working on a new business plan -- dubbed Strategy 2025 -- that will focus on improving the automaker's profitably rather than on volume growth, CEO Matthias Mueller said Wednesday.

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Mazda expects delays to U.S. diesel car launch after VW violationsAuto News

Mazda expects delays to the launch of diesel-powered cars in the United States in the wake of Volkswagen emissions violations, but it remains committed to a rollout, a senior executive said.

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BMW plans to market fuel-cell sedan after 2020Auto News

BMW says its first fuel-cell vehicle would likely be a larger-sized sedan which would go on sale after 2020, when a hydrogen development partnership ends between the German luxury automaker and Toyota.

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