News - Auto News

Factory explosion, fire idle supplier Meridian in Canada

For the second time in six months, an explosion and fire have stopped production at a North American magnesium parts plant owned by supplier Meridian. The latest incident took place at a Meridian Lightweight Technologies plant in Strathroy, Ontario.

Ford announces new CEO for China, several restructuring moves

Ford appointed a new head of its China operations to help turn around flagging sales in the world's largest auto market. It also announced several other China initiatives.

Asbury net income surges on gains in FandI, parts and service

Asbury Automotive's net income surged in the third quarter, driven by increases in the company's finance and insurance and parts and service business lines. The company also lifted its revenue.

Why these three vehicles will get my votes for North American Car and Truck of the Year

Last week I was one of 57 jurors who drove 70 vehicles that are semifinalists for the North American car, truck and utility of the year awards. Here's my early picks for winners and losers.

Why GM is expanding Maven's peer-to-peer car-sharing program

General Motors plans to expand its Maven peer-to-peer car sharing initiative to 10 cities by the end of the year.