The earnings were hurt by warranty costs of 320 billion won ($231 million) for its Santa Fe crossover engines in the United States.
Newer automatic emergency braking systems prevent about twice the number of crashes that older models do but still fail to ...
Penske Automotive Group's artificial intelligence platform to improve customer service and increase service and parts revenue ...
Sonic Automotive Inc.’s third-quarter net income rose 8.5 percent from a year earlier, largely aided by a $31 million income ...
The automotive industry's power players in acquiring, reconditioning and selling used vehicles aren't about to be left behind ...
A study says 88 percent of political ads involving EVs are negative. The electric vehicle industry is worried about ...
GM is working to restructure its struggling business in China, where its market share has fallen amid heightened competition, ...
Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, a report by Oliver Wyman ...
U.S. sales of the Bronco SUV are down 16 percent this year, but dealers and analysts say it's a function of supply and demand ...
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14% to a record $41.2 ...
Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for ...
British automated driving startup Wayve has opened an office in Sunnyvale, Calif., where it will locate a test fleet that's ...