Author: Automotive News Breaking News Feed

Chevrolet has launched a national employee pricing sales campaign on all 2018 and some 2019 models through the end of the year.

The fuel economy on some redesigned Chevrolet Silverado and GMC Sierra models will be worse than the outgoing pickups they’re replacing.

The fuel economy on some redesigned Chevrolet Silverado and GMC Sierra models will be worse than the outgoing pickups they’re replacing.

Nissan said it will build 50 versions of the GT-R50 by Italdesign, which was unveiled earlier this year at the Goodwood Festival of Speed in the U.K. The car starts at $1.1 million.

Metal components supplier Tower said it agreed to sell off its European division to a privately owned French automotive supplier in a deal valued at about $291 million.

Monday marks the end of Carlos Ghosn’s 22-day detention, having been held without charge since his arrest on suspicion of under-reporting compensation following a whistleblower tip.

Ford has taken the first step in restructuring its money-losing European business that is expected to involve axing models, cutting jobs, and possibly factory closures.

Tesla notified holders of bonds due in March that if they elect to convert the debt, they’ll be paid with a 50-50 mix of cash and stock, according to a copy of a document seen by Bloomberg.

President Donald Trump will finally have his own permanent nominee running the Bureau of Consumer Financial Protection, a controversial agency that Republicans say has stifled economic growth.

Tokyo prosecutors are expected charge Nissan as a corporate entity, alongside ousted chairman Carlos Ghosn for allegedly violating financial laws, a report said.