The engineer was a general manager at Chevrolet, led VW during its first run at U.S. manufacturing, and helped steer the spinoff of some former GM plants into American Axle.
Continue Reading the above article 'James McLernon, former VW U.S. president and Ameri...
Fewer accidents generally lead to a lower claim frequency and insurance companies with large auto portfolios are expected to post good first quarter results.
Continue Reading the above article 'Allstate to return $600 million in auto premiums t...
It's unclear when the prototype would be ready or if the design would meet rigorous medical quality standards.
Continue Reading the above article 'Tesla working on new ventilator design using Model...
The latest syndicated loans come on top of an existing $3.3 billion worth of undrawn credit lines as the automaker deals with the hit from the coronavirus crisis.
Continue Reading the above article 'PSA secures further $3 billion worth of loans...
Deliveries of BMW vehicles fell to 477,111 in the first three months as sales in China fell by almost a third.
Continue Reading the above article 'BMW Q1 global sales drop 21% as coronavirus takes ...
The Japanese automaker is halting domestic production two days earlier than planned because of a worsening supply chain during the pandemic.
Continue Reading the above article 'Subaru moves up suspension of Japanese plants over...
The next-generation crossover is a critical vehicle introduction for Nissan as it battles a dearth of fresh product and falling sales.
Continue Reading the above article 'Nissan commits to fall launch of redesigned Rogue ...
The supplier is bracing for another level of escalation in the COVID-19 pandemic amid expectations that Japan will be the next to go under lockdown.
Continue Reading the above article 'In Japan, Continental opens crisis playbook...
March pickup sales continued without a hitch in the Southeast and South Central regions but fell well below forecasts everywhere else as many governors ordered residents to stay home and nonessential business activity to cease.
Continue Reading the above article 'Big pickup sales rise 3% despite overall plunge in...
An estimated 1.8 million lease customers in the U.S. are scheduled to turn in their cars from March to July. Putting them into new vehicles will be tough where states have bans on auto sales.
Continue Reading the above article 'Off-lease tide faces uncertainty...