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Steel supplier plans to give employees $1,000 bonus

In the wake of President Donald Trump's plans to impose stiff tariffs on imported steel and aluminum, U.S. steel supplier Zekelman Industries has vowed to grant an annual bonus to its employees.

Posted on March 7, 2018 by admin by admin

Daimler, Volvo executives skeptical over Geely alliance plan

Executives at Daimler and Volvo question the viability and industrial logic of a plan by their major shareholder, China's Geely, to form an auto industry alliance to counter "tech invaders."

Posted on March 7, 2018 by admin by admin

Nissan in talks to buy France’s Renault stake in merger prelude, report says

Renault and alliance partner Nissan are discussing plans for a closer tie-up in which the Japanese carmaker would acquire the bulk of the French state's 15 percent Renault holding, Reuters reported.

Posted on March 7, 2018 by admin by admin

Average rate on new-car loans at 8-year high

Last month, the average interest rate on a new-vehicle loan reached its highest level since the third quarter of 2009, as federal rate increases made last year trickled down to vehicle finance, Edmunds said.

Posted on March 7, 2018 by admin by admin

Balance of auto loans linked to synthetic fraud soars

The outstanding balance on auto loans linked to suspected synthetic identity fraud more than tripled from 2012 to 2017, according to TransUnion.

Posted on March 7, 2018 by admin by admin

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As Cohn leaves White House, a win for hard-line tariff supporters

Gary Cohn's departure from the White House is a victory for the protectionists who have sought to push President Donald Trump to fully embrace their views.

Posted on March 7, 2018 by admin by admin

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GM unveils expanded Chevy Silverado medium-duty truck lineup

General Motors' new Chevrolet Silverado medium-duty truck will compete in more segments than initially expected, a strategy coinciding with the automaker's plan to expand and improve its commercial dealership network.

Posted on March 7, 2018 by admin by admin

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GKN said to be near deal with Dana over auto unit tie-up

GKN is in advanced talks over a merger of its automotive unit with Dana, a deal that would complicate turnaround specialist Melrose's hostile bid for GKN, five sources familiar with the matter said.

Posted on March 7, 2018 by admin by admin

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Trump’s tariff threat could impact PSA’s U.S. return

President Donald Trump's threat to impose tariffs on European cars exported to the United States has worried PSA Group, which doesn't (yet) sell vehicles in North America.

Posted on March 7, 2018 by admin by admin

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BMW’s 7-series stars on the big screen

In the latest viral video to top our charts, BMW's flagship takes the big screen.

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Category: Auto

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Steel supplier plans to give employees $1,000 bonus

Posted on March 7, 2018 by admin by admin

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Daimler, Volvo executives skeptical over Geely alliance plan

Posted on March 7, 2018 by admin by admin

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Nissan in talks to buy France’s Renault stake in merger prelude, report says

Posted on March 7, 2018 by admin by admin

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Average rate on new-car loans at 8-year high

Posted on March 7, 2018 by admin by admin

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Balance of auto loans linked to synthetic fraud soars

Posted on March 7, 2018 by admin by admin

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As Cohn leaves White House, a win for hard-line tariff supporters

Posted on March 7, 2018 by admin by admin

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GM unveils expanded Chevy Silverado medium-duty truck lineup

Posted on March 7, 2018 by admin by admin

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GKN said to be near deal with Dana over auto unit tie-up

Posted on March 7, 2018 by admin by admin

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Trump’s tariff threat could impact PSA’s U.S. return

Posted on March 7, 2018 by admin by admin

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BMW’s 7-series stars on the big screen

Posted on March 7, 2018 by admin by admin