Tesla sales chief may collect $700,000 for meeting targets

Tesla plans to pay $700,000 to its global sales and service chief, Jon McNeill, if the company meets certain performance goals in the second half of 2017 -- when the new Model 3 is in launch mode.


Honda's name game in China

Just as Honda produces U.S.-focused vehicles such as the Ridgeline pickup, it makes a slew of nameplates for China that are rarely seen elsewhere.

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China eclipses U.S. in Honda's world view

Honda's rapidly expanding footprint in China spotlights how the world's biggest auto market is pulling focus and resources away from the United States. The Japanese automaker is setting priorities in everything from production to product development.

Year's end is facing glut of cars

In the closing weeks of the 2017 model year, the U.S. auto industry has a glut of slow-selling cars and GM unable to work its way out of some deliberate overstocking.

Hertz CEO touts turnaround plan after Q2 loss

Hertz says it is making advances slimming its bloated fleet of fast-depreciating cars, tempering concerns about the rental-car company's financial footing as tech giants challenge its business model.

Penske bullish on used-car ventures

When Penske Automotive agreed to buy CarSense in the U.S. and CarShop in the U.K., Chairman Roger Penske said he was "cautiously optimistic" about the used-car ventures. He has since dropped the "cautiously."

N.A. an anchor on Honda earnings

North America emerged as a weak link for Honda in the latest quarter as falling regional sales and profits weighed down a meager uptick in global operating profit.

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