News - Auto News

Trump's CFPB pick grilled at confirmation hearing

Meet Kathy Kraninger, President Donald Trump's pick to run a financial regulator that has drawn frequent attacks from members of his administration and Republican lawmakers.

Faurecia raises outlook after first-half profit rises 10%

Faurecia raised its 2018 outlook after reporting that first half profit rose 10.2 percent to to 342 million euros, while sales climbed 5.2 percent.

VW boss Diess wants fatter profit margins -- and faster

VW Group CEO Herbert Diess is pushing for faster margin improvements at the company's Porsche, Audi and VW brands, a German media report said.

BMW, VW win Beijing's OK to gain control of China JVs

Chinese Premier Li Keqiang's government allowed BMW and VW to gain control over local ventures ahead of their foreign rivals, giving the German automakers a boost in the world's largest vehicle market.

EU, Canada, automakers blast Trump auto tariff plan

The Trump administration came under criticism from the EU, Canada and automakers as officials consider imposing tariffs of up to 25 percent on imported cars and parts.