Geely earnings double on cars co-developed with VolvoAug. 16
Three-wheeler producer Elio Motors seeks to raise $100MAug. 15
Magna Q2 profits hit record on 3% revenue gainAug. 11
Carvana posts $39 million Q2 loss as business expandsAug. 14
AutoCanada posts Q2 profit gains, plans expansionAug. 11
IAA, ADESA power KAR's Q2 resultsAug. 9
Martinrea's adjusted Q2 profits rise 26% on efficiency gainsAug. 8
Penske bullish on used-car venturesAug. 7
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."
Adient to close Recaro plant in suburban DetroitAug. 8
Toyota's operating profit drops 11% on incentives, currency lossesAug. 4
Operating profit dropped 11 per cent at Toyota in the latest quarter with rising incentives and foreign exchange losses broadsiding earnings as Japan's biggest automaker struggled to shift its car-heavy mix to hot-selling light trucks in the important U.S. market.