United States

Ben Klayman

GM, Ford planning for possible economic downturn: executives

Aug 13 2019

The top two U.S. automakers are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and Beijing fuels fears of a global recession.

GM faces declining sales and price wars in largest markets

Aug 01 2019

(This July 31 story corrects name of GM unit to GM Financial in paragraph 8)

'Truck, truck and away': Pickups drive GM's profit beat

Aug 01 2019

DETROIT General Motors Co posted a better-than-expected net profit on Thursday as high-margin pickup trucks, SUVs and crossovers helped overcome slowing sales in the United States and China, and reiterated its full-year earnings forecast. | Video

Auto suppliers take more pessimistic view of China vehicle production

Jul 31 2019

DETROIT Many global auto suppliers are striking an even more pessimistic tone about Chinese vehicle output this year than some research firms, with the suppliers bracing for the pain to be far greater than the single-digit percentage declines predicted by some in the industry.

Getting under the hood of Amazon’s auto ambitions

Jul 31 2019

DETROIT Amazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car. | Video

UPDATE 3-Fiat Chrysler defies slowdown thanks to North America performance

Jul 31 2019

MILAN/DETROIT, July 31 Automaker Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown.

California, four automakers defy Trump, agree to tighten emissions rules

Jul 25 2019

WASHINGTON/DETROIT Four major automakers said on Thursday they have reached an agreement with California on fuel efficiency rules, bypassing a Trump administration effort to strip the state of the right to fight climate change by setting its own standards. | Video

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