Author: auto matic

The automaker said it would spend between $767 million and $997 million on retooling its plant in Oshawa, Ontario, if the tentative

The automaker said sales in the U.S. and China are recovering faster than expected, and its earnings rose significantly even

Herbert Diess said the Democrat’s program would be more aligned with the automaker’s electric vehicle plans. source https://www.autonews.com/executives/vw-ceo-says-biden-victory-would-better-suit-automakers-strategy

A new strategy to boost sharply falling sales for both automakers will likely involve fewer models, brands, platforms and factories.

The automaker’s vehicle sales, including in its key Indian market, shrank amid the coronavirus pandemic. source https://www.autonews.com/automakers-suppliers/suzuki-profit-slumps-virus-hit

Ed Laukes will cap a 31-year career with Toyota when he retires, effective Jan. 4, including nearly four years as

The ride-hailing giants heavily backed an effort to pass a ballot measure that largely exempts gig-economy companies from a state

Pekar will replace Mats Backman, who will leave the position in March “to seek new opportunities,” the supplier said. source

While the outcome of the presidential election remained unclear as of Wednesday afternoon, the auto industry at least knows the

KAR Global reported improved net income despite a 15 percent drop in revenue amid a volatile wholesale market. source https://www.autonews.com/used-cars/digital-efficiencies-boost-kar-bottom-line-q3