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Automotive News

Average US vehicle age hits record 11.5 years

Average US vehicle age hits record 11.5 years

In the age of Apple's CarPlay, a lot of cars on the road still have tape decks. The average vehicle in the U.

7:29 a.m.  

China auto sales slump hits industry fortunes

China auto sales slump hits industry fortunes

General Motors Co.'s $5 billion initiative to create cars for China and other emerging markets comes just as automakers face a collapse in the booming Chinese demand they were counting on to power their growth.

Volkswagen Q2 earns slip on restructuring, troubled markets

Volkswagen Q2 earns slip on restructuring, troubled markets

Automaker Volkswagen AG saw profits slip in the second quarter despite taking the global lead in sales over Toyota and GM.

Global markets stabilize; US indexes open higher on earnings

Asian stocks post cautious gains ahead of Fed statement

Asian stock markets mostly made modest gains Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of a U.

US agency denies request for Fiat Chrysler investigation

U.S. auto safety regulators have rejected a request from an advocacy group to investigate power system failures in almost 5 million Fiat Chrysler vehicles that potentially could cause stalling and other problems.

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