BMW reported a quarterly return on automaking of 5.3 percent as EU and U.S. levies reduced margins by about 1.8 percent.
Nissan said it is implementing "small-scale production adjustments" as the crisis over supplies of Nexperia chips continues.
Toyota raised its full-year profit outlook as record sales and production, led by strong U.S. hybrid demand, helped the automaker to absorb a $9.75 billion tariff impact.
The Trump administration’s quiet expansion of the list of parts subject to auto tariffs could reduce costs for automakers and ...
European automakers have been pushing for regulatory change to support small EVs built in Europe, at a time when Chinese brands are gaining market share.
Mazda taps China as an export hub for locally developed and manufactured electrified vehicles, with plans to start shipping the Mazda 6e electric compact sedan to Australia in mid-2026.
The group, which produces radiator grills, mirror caps and steering wheel covers, has faced declining sales due to falling car output in Europe, according to a statement.
DesRosiers Managing Partner Andrew King says the auto sector continues to waver as the trade situation shows no signs of being resolved.
The Sept. 30 expiration of federal tax credits toward the purchase of a new electric vehicle put a major dent in demand ...
Auto loan and credit card delinquencies tick up, but other consumer finance statistics show a resilient auto customer backdrop, according to Kayvan Darouian, director of consumer asset-backed securiti ...
Automotive lender and online bank Ally is laying off 2 percent of its workforce of 10,000, the company said Nov. 4.
There is still uncertainty over when and how supplies of Nexperia's chips will resume, even though China has said it would consider exemptions to ensure that some deliveries can continue.
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