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Overall US new vehicle sales could fall for the second year in a row in 2018, but Detroit's automakers are betting they can sell more high-margin pickup trucks and sport utilities to prop up profits. At this week's Detroit auto show, auto industry executives and economists predicted that overall car…

Japan's Mazda Motor Corp on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp, the small automaker would remain a company independent from its much bigger rival. Mazda and Toyota last week said they will build a $1.6-billion joint assembly plant in Alabama,…

Britain’s Rolls-Royce said on Wednesday it was considering the sale of its commercial marine business, which has been hit by weak demand in offshore oil and gas markets, as part of a restructuring of the company into three core units. The aero-engine maker said it would simplify the business into…

Inside General Motors Co’s vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company. The DHL employees work side-by-side with GM workers handling the flow of parts within the plant, which builds about 400,000 Baojun brand vehicles a year and is…

South Korea’s Hyundai Motor Group pledged to hire about 45,000 people over the next five years amid an emphasis on jobs by the government, but analysts doubted if the conglomerate would meet the goal as it was eyeing cost cuts to counter sluggish sales. South Korea’s finance ministry announced on…

Australian sales of new vehicles surged by the most since 2012 in December to hit record highs for the month and the year, adding to signs of a pick up in consumer spending after a prolonged soft spell. Tuesday’s data from the Australian Bureau of Statistics showed sales jumped 4.5…

Japanese carmkaker Nissan Motor Co. plans to transform its upscale Infiniti brand into a primarily electrified vehicle offering, Chief Executive Hiroto Saikawa said on Tuesday. All new Infiniti models launched in or after 2021 will be either electric or so-called “e-Power” hybrids, Saikawa told the Automotive News World Congress in…

General Motors Co shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. The 2018 earnings outlook was above market expectations, sending GM shares up…

A French start-up has become the first company to start factory production of hydrogen-powered bicycles for use in corporate or municipal fleets. Pragma Industries, which is based in Biarritz, France and makes fuel cells for military use, has sold some 60 hydrogen-powered bikes to French municipalities including Saint Lo, Cherbourg,…

State-controlled Saudi Electricity Co (SEC) has signed a deal with Japanese Tokyo Electric Power Co (TEPCO), Nissan Motor Co and Takaoka Toko for the first electric vehicle (EV) pilot project in the world’s largest oil exporter, it said on Sunday. Saudi Arabia is keen to develop its auto industry as…

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