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Toyota Sees Quarterly Profit, Sales Rise, Lowers Forecast

Toyota Sees Quarterly Profit, Sales Rise, Lowers Forecast

By Yuri Kageyama | Aug 2
Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, but Japan's top automaker slightly lowered its full year forecasts because of unfavorable currency exchange rates.

BMW Profits Drop on Higher Costs, Spending for New Tech

BMW Profits Drop on Higher Costs, Spending for New Tech

By David McHugh | Aug 1
The company said Thursday vehicle sales and revenue increased in the April-June period and that it was sticking with its profit forecast for the year.

How To Care For Your Car When The Weather Gets Hot

How To Care For Your Car When The Weather Gets Hot

Jul 31
Hot weather can wreak havoc on public transport and can leave you feeling irritated and tired; however, regulating the heat in your car as well as looking after it as the weather warms can help to lessen this stress and keep you comfortable.

Edmunds: Best All-in-One Vehicles for Summer Camping

Edmunds: Best All-in-One Vehicles for Summer Camping

By Travis Langness, Edmunds | Jul 27
The vehicle you drive every day can be a platform for the exploration of the nation's campsites if you consider factors such as space, appropriate on- and off-road capability, and general comfort. Edmunds has picked five of its favorite models.

Volkswagen Increases Profits, Sales in Shrinking Markets

Volkswagen Increases Profits, Sales in Shrinking Markets

By David McHugh | Jul 26
Volkswagen said Thursday that its after-tax profit rose 24% in the second quarter as the company managed to increase its share in contracting markets, and as more-profitable vehicles took a bigger role in the sales mix.

Nissan to Slash 12,500 Jobs to Cut Costs, Achieve Turnaround

Nissan to Slash 12,500 Jobs to Cut Costs, Achieve Turnaround

By Yuri Kageyama | Jul 25
Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday.

Automaker Daimler Loses $1.3 Billion on Diesel, Air Bag Woes

Automaker Daimler Loses $1.3 Billion on Diesel, Air Bag Woes

Jul 25
Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with diesel vehicles and air bag recalls.

Ford Adding 450 Jobs in Chicago to Meet Rising SUV Demand

Ford Adding 450 Jobs in Chicago to Meet Rising SUV Demand

Jul 24
Ford is spending $50 million and creating 450 full-time jobs in Chicago to handle increased demand for new versions of the Ford Explorer and Lincoln Aviator.

Police Investigate if Crashed Car Was Partially Self-Driving

Police Investigate if Crashed Car Was Partially Self-Driving

Jul 23
A woman was arrested after running a red light in a rented Tesla in San Francisco and causing a crash that killed a tourist and left his wife critically injured, authorities said Monday. Investigators are looking into whether the car was on "Autopilot."

Volvo Recalls 500,000 Vehicles Due to Faulty Engine Part

Volvo Recalls 500,000 Vehicles Due to Faulty Engine Part

Jul 22
Volvo Cars is recalling about half a million cars worldwide because of a faulty engine component that may in extreme cases cause a vehicle to catch a fire.

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