SEOUL/DETROIT/CHONGQING, China At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world's largest auto market.
FRANKFURT/DETROIT Volkswagen AG and Ford Motor Co are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter.
DETROIT General Motors Co on Wednesday stepped up efforts to cut costs in response to tariff and market pressures, even as it reported third-quarter profit that blew past Wall Street expectations. | Video
MILAN/DETROIT Fiat Chrysler (FCA) reported better-than-expected third-quarter earnings and promised to pay 2 billion euros ($2.3 billion) in special dividends, but a lower net cash forecast and its over-reliance on the North American market weighed on its shares.
DEARBORN, Mich. Ford Motor Co on Wednesday reported slightly higher than expected third-quarter profit and stuck to its targets for the year, raising investor hopes for a strong fourth quarter and sending its shares up as much as 7 percent after-hours.
DETROIT Tesla Inc's high-end Model S sedan lost its "recommended" rating and the electric carmaker slid overall by six spots to almost the bottom in Consumer Reports magazine's annual reliability survey.