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News and commentary from the leader in North American automotive news
Tesla looks to Mexico to lure engineers for California plant
28 Apr 2017 at 3:11pm
Tesla has been actively hiring for assembly-line jobs as it prepares to launch U.S. output of the Model 3. But finding manufacturing engineers, who are in even shorter supply than software engineers in Silicon Valley, has been a tougher challenge.
Used-car retailer Carvana's shares skid in debut
28 Apr 2017 at 9:49am
Shares of used-car retailer Carvana fell 26 percent below the company's initial pricing in their Wall Street debut on Friday.
GM's Q1 profit surges 34% on North America strength
28 Apr 2017 at 5:45am
GM defied a slowdown in the U.S. market in posting its highest first-quarter profit since emerging from bankruptcy. The results were aided by a buildup in inventory, which portends a rougher financial performance later this year.
Apple, automakers suggest changes to California's self-driving car testing po...
28 Apr 2017 at 12:36pm
Apple asked California to make changes in its proposed self-driving car policies, the latest sign the company is pursuing driverless car technology. Automakers also suggested changes.
Ford gets visit from Facebook CEO Mark Zuckerberg
28 Apr 2017 at 12:55pm
Facebook's Mark Zuckerberg, in his first trip to Michigan, stopped by Ford's Rouge Complex and helped build an F-150 pickup truck.
Apple's autonomous test vehicle photographed in Silicon Valley
28 Apr 2017 at 7:28am
Almost two weeks after Apple secured permission to test its autonomous-car technology in California, the first images of the vehicle have been captured on Silicon Valley roads.
SiriusXM acquires connected-vehicle services company for $115 million
28 Apr 2017 at 11:19am
SiriusXM reached further into connected-vehicle services by completing the acquisition of Automatic Labs for $115 million in cash.
GM wouldn't benefit from Trump tax plan for years, but supports reform
28 Apr 2017 at 8:46am
GM broadly supports President Trump's effort to cut corporate taxes but wouldn't benefit for about five years because of the huge losses it incurred leading up to its 2009 bankruptcy.
Group 1's first-quarter profits slip on Oil Patch struggles
28 Apr 2017 at 9:19am
Group 1 Automotive said first-quarter earnings fell nearly 1 percent, citing weakness in US energy markets that countered an otherwise healthy quarter.
Toyota expands connected-car hub in Texas
27 Apr 2017 at 10:01pm
Toyota Connected, the automaker's global data-science hub, is expanding staff and operations near the company's new North American headquarters in Texas.
Uber demotes executive at center of Waymo self-driving car lawsuit
28 Apr 2017 at 7:41am
Anthony Levandowsk stepped down from his post overseeing self-driving car technology. Uber said he won't be involved in decisions relating to lidar technology.
Mazda quarterly operating profit plunges 56%
28 Apr 2017 at 4:20am
Mazda's operating profit tumbled 56 percent in the latest quarter, as a deteriorating sales mix, foreign exchange rate losses and recall costs undermined results.
Kia picks Saad Chehab to lead marketing
27 Apr 2017 at 11:30am
Kia -- on the cusp of launching its critical Stinger performance sedan -- has hired former Chrysler advertising whiz Saad Chehab as its new marketing chief.
Asbury's Q1 net rises 9.7% on FandI, parts and service gains
27 Apr 2017 at 7:16am
Asbury Automotive Group's first-quarter net income climbed 9.7 percent to $34 million on parts and service and finance and insurance gains, as revenue held flat.
Visteon triples Q1 net income
27 Apr 2017 at 12:00pm
Visteon reported that its first-quarter net income more than tripled, reflecting higher electronics production volume and new business, as well as income from discontinued operations.