Author: Automotive News Feed

VW said its core brand aims to raise its profit margin faster than previously planned despite rising investments for electric vehicles.

Reports: FCA to turn idled engine site into vehicle assembly plant; FCA hires Amazon, Shell execs; Lebanon rallies behind Ghosn; Daimler-BMW delay; Lexus teases track-ready RC F.

Has Ghosn arrest exposed fundamental flaw at Nissan?; M-B victory in sight; JLR woes spark ratings cut; Forbes names Barra world’s 4th most powerful woman; Volvo’s Nobel gesture.

Waymo, anteriormente el proyecto de autoconducción de Google, ha comenzado a cobrar pasajeros por usar sus vehículos sin conductor en una zona de aproximadamente 160 kilómetros en cuatro suburbios de Phoenix.

Con una inversión de 20 millones de dólares, la compañía alemana Siemens realizará proyectos de investigación y desarrollo con técnicos e ingenieros mexicanos en sus tres centros ubicados en el país.

The resurgence of 0 percent financing for Black Friday deals pulled down the average interest rate on new-vehicle loans from the month earlier, but rates still grew year over year and will likely continue to rise.

Charlie Robinson will step down as president of Resource Automotive this year after four decades in auto retail.

As vehicle costs and interest rates rise, it’s worth a dealer’s while to keep relations with local credit unions friendly, particularly in areas with high loyalty to credit unions.

Volvo, Dacia, Seat and Toyota had a good month in a UK market whose overall sales fell 3 percent. Audi, Nissan, Hyundai and Ford suffered steep sales declines.