VW closes in on $1 billion JV with Chinese chipmaking startup
Volkswagen AG is close to reaching a joint venture deal with Chinese autonomous driving startup Horizon Robotics Inc. that could...
Europe’s car output to plummet by millions, S&P predicts
European carmakers could see output drop by more than 1 million vehicles per quarter starting late this year and continuing...
Ford, GM and other carmakers face 50% profit slump next year, UBS analysts say
Shares of automakers Ford Motor Co. and General Motors Co. took a beating Monday as outlook for the industry darkened...
US jobs rise while unemployment drops, keeping pressure on Fed
US employers continued to hire at a solid pace last month and the jobless rate unexpectedly returned to a historic...
GM tops rival automakers in car sales as supply crunch eases
General Motors Co. made big sales gains in the second quarter in a sign the semiconductor shortage is easing, but...
CarMax’s huge earnings miss points to trouble ahead for new-car market
New-car sales are expected to rise in the just-ending third quarter, but a deteriorating market for used vehicles -- which...
US jobless claims fall unexpectedly to lowest since late April
Applications for US unemployment insurance dropped unexpectedly to a five-month low, led by a sizable decline in Michigan, suggesting robust...
GM scales back return-to-office plan after staff backlash
General Motors Co. walked back plans to require employees to return to a company office several days a week, delaying...
