China cuts import duty to 15% in boost for BMW, Tesla, Mercedes, Porsche

China will cut the import duty on passenger cars to 15 percent from the current 25 percent, in a boost to foreign automakers, just as the immediate threat of a trade war with the United States recedes.


Crosstrek becomes new workhorse for Subaru

The Crosstrek, which began life as a lifted Impreza hatchback in 2012, has turned into a sales workhorse for Subaru of America.

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MORE SALES NEWS MARKETING USED CARS
Downsized engines a test for GM pickups

Ford's success with its V-6 EcoBoost engines has proved that V-8 engines aren't necessarily the default choice for pickup buyers. The question now is: How low can you go?

Take the money and run

National Auto Auction Association member auctions sold 10 million vehicles in 2017, up 2.5% from 2016, the association's annual survey found.

COMMENTARY: Keith Crain
Everyone finds the hidden jewels

My guess is that it has been going on for years — new-car dealers have been making more money on used cars than new. It has been the industry's great secret.

PSA pins hopes on EU after Trump quits Iran deal

European leaders sought to salvage the nuclear pact with Iran after President Donald Trump pulled the United States out of the accord, threatening investments in Iran by companies including PSA and Renault.

UPDATED: May 9 6:16 am ET - adds detail
Toyota quarterly profit jumps 43% on cost cutting, lower expenses

Toyota's operating profit surged 43 percent in the latest quarter as cost cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.


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