Author: Nick Bunkley

New U.S. light-vehicle sales are expected to be little changed in January from the start of 2018, though the record cold sweeping through the Midwest makes a decline more probable.

CEO Jim Hackett said much of his first 20 months was spent evaluating the business and forming a plan . It’s time to put it in action.

In 2018, Mexico accounted for more than a quarter of General Motors’ North American production for the first time. That proportion will rise further if the company goes through with plans to end production at three car-assembly plants in the U.S. and C…

Ford lost $116 million in the fourth quarter, its first loss in two years, and its profit for all of 2018 fell by more than half as lower margins in North America combined with losses everywhere else in the world.

Investors remain skeptical that automakers will remain disciplined and profitable during an inevitable downturn.