Toyota reported a nearly 4% increase in fiscal first quarter profit on improved sales, while rival Honda reported a 29% decline in fiscal first quarter profit. Both Japanese automakers on Friday lowered their profit forecasts for the fiscal year, blaming...

China's auto sales fell 7. 8% in June amid a trade fight with Washington and slower economic growth, extending an unexpectedly painful downturn for automakers that are spending heavily to develop electric cars. Drivers in the global industry's biggest market...

Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job losses amount to about...

Americans paid more for some General Motors vehicles in the first quarter, but overall sales declined and the automaker's results fell short of expectations. GM delivered more than 665,000 vehicles in the U. S. with the highest average prices for...

Automobile sales in the U. S. fell 2% in the first quarter, another sign the nation's economy is starting to slow. Automakers sold just over 4 million vehicles from January through March, according to Ward's Automotive Intelligence, and industry analysts...

The European carmakers' association says new passenger car sales in the region dropped by 4. 6 percent in January, weighed down by big declines in Spain and Italy. Despite the drop, the association said Friday that the 1. 2 million...

General Motors posted an $8. 1 billion net profit for 2018, fueled by better prices for vehicles sold in the U. S. , its most lucrative market. It's a strong rebound from the previous year when the company lost $3...

Ford Motor Co. , which has struggled overseas and saw U. S. sales fall last year, reported its first quarterly net loss in two years Wednesday. The Dearborn, Michigan, company said it lost $116 million, or 3 cents a share,...