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Daimler’s 2Q Revenue, Earnings Fall
7/26/2018Daimler AG reports its vehicle sales rose in the second quarter of 2018, but earnings and profits suffered “significant” declines.
U.S. Auto Stocks Slide on 2Q Financial Reports
7/26/2018Wednesday’s subdued financial reports from General Motors, Ford and Fiat Chrysler Automobiles prompted slides in stock prices for all three companies.
Genesis Tops Porsche in J.D. Power Customer APEAL Study
7/26/2018Hyundai Motor Co.’s Genesis luxury brand outscored Porsche to top this year’s U.S. Automotive Performance Execution and Layout (APEAL) study by J.D. Power.
U.S., EU Agree to Suspend Threat of New Tariffs
7/25/2018President Donald Trump and Jean-Claude Juncker, president of the European Commission, called a truce in the trade war between the U.S. and European Union late today and pledged to seek ways to lower tariffs on both sides.
Ford’s Net Profits Plunge 48%
7/25/2018Ford Motor Co. blames supplier problems in North America and competition in China for a “very tough” second quarter.
FCA Posts Sales Gains as Adjusted Profits Slip
7/25/2018Fiat Chrysler Automobiles NV’s second-quarter unit sales rose 6% to 1.30 million vehicles, and net revenue grew 4% to €30 billion ($35.1 billion).
Porsche Updates Macan Crossover
7/25/2018Volkswagen AG’s Porsche unit is giving the hot-selling Macan crossover vehicle its first significant update since the model was launched in 2014.
Waymo Expands Robo-Shuttle Test Partnerships
7/25/2018Alphabet Inc.’s Waymo autonomous vehicle unit is expanding its testing of fully autonomous vehicles in Arizona with several new partnerships.
GM’s Second-Quarter Earnings Slip 4%
7/25/2018General Motors Co. reports its income from continuing operations dipped to $2.4 billion from $2.5 billion in the second quarter.
Audi Q3 Gets New Look, More Content
7/25/2018Audi AG’s second-generation Q3 compact crossover vehicle is slightly larger than its predecessor and sports more aggressive styling and a host of new features.