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Visteon Posts Loss As Sales Rise 11%
8/6/2014Visteon Corp.'s sales in April-June totaled $1.8 billion compared with $1.6 billion a year earlier.
GM Sales Soar 13% in China
8/6/2014General Motors Co. sold a record 249,700 vehicles in China last month compared with 221,600 in July 2013.
Used-Car Prices Poised to Drop
8/6/2014America's shortage of used cars is finally easing as new-car sales boom, according to TrueCar Inc.'s ALG market research unit.
GM Blames ASEAN Sales Slump on Political Unrest in Thailand
8/6/2014General Motors Co. says it is "struggling" in southeast Asia, mainly because of unfavorable exchange rates triggered by political turmoil in Thailand, the Financial Times reports.
Fiat Stock Slumps to Seven-Year Low on Stock Sale Rumors
8/6/2014Fiat SpA's stock price dropped to €6.85, its lowest since 2007, on Tuesday.
Chrysler Cuts Jeep Prices in China
8/6/2014Chrysler Group LLC is the latest carmaker to voluntarily lower prices of products in China amid a price-gouging probe by China's anti-monopoly officials.
Ecclestone Bribery Case Settled for $100 Million
8/6/2014The Munich judge overseeing criminal bribery charges against Formula One chief Bernie Ecclestone agreed to allow him to pay $100 million to dismiss the case without a ruling on his guilt.
Toyota Leaves Hollywood Roots to Boost American Profits
8/5/2014President Akio Toyodo's grandfather founded the company, opening its first U.S. office 57 years ago in a defunct Hollywood dealership.
NHTSA Steps Up Probe of Honda Airbag Deployments
8/5/2014The National Highway Traffic Safety Administration has upgraded to an engineering analysis its study of complaints that side airbags in 2008 model Honda Accord sedans may inflate when one of the vehicle's doors is slammed.