Tag: Auto industry

Senators call on Federal Trade Commission to investigate automakers' sale of driving data to brokers

DETROIT -- Two U.S. senators are calling on the Federal Trade Commission to investigate automakers selling customers' driving data to brokers who package...

Carmaker Stellantis pledges to tackle problems in North America as profits plunge

FILE - Stellantis CEO Carlos Tavares speaks during a news conference following a meeting with unions, in Turin, Italy, Thursday, March 31, 2022....

Ford 2Q net income falls as combustion engine unit posts loss due to

DETROIT -- Ford Motor Co.'s second-quarter net income fell 4.7% from a year ago as the company’s combustion engine unit posted a pretax...

With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%

DETROIT -- U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that...

Trump uses false claim about Chinese auto plants in Mexico to call for UAW president to be fired

DETROIT -- DETROIT (AP) — Donald Trump made a pitch for votes from key swing state autoworkers during his acceptance speech for the...

US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices

DETROIT -- U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.But brisker sales could be...