Nissan workers will lose their jobs in Melbourne and three other cities across Australia as the car maker prepares to outsource its warehousing and logistics operations.
Carmagazine.com photo by: Nate Gugel
During the first half of 2015, U.S. auto sales are on track to hit record levels not seen in 15 years, say a majority industry analysts recently poled.
Toyota said on Wednesday that Julie Hamp, its first female managing officer, had resigned following her arrest last month on suspicion of illegally importing oxycodone into Japan.
Google announced its self-driving cars are now out on the streets around of Mountain View, California but are traveling only up to 25 mph and will have drivers behind the wheel the entire time.
Carmagazine.com photo by: E. Brown
Oddly, and within hours of each other, on Wednesday, Ford, GM and BMW announced Airbnb-style programs with each claiming to be the first to let car owners earn money by renting out their new vehicles to other drivers.
Canadian automakersí profits are expected to jump 73 per cent to $2.36 billion this year thanks to a lower dollar and record sales, the Conference Board of Canada says in its spring outlook.
Cox Automotive Inc, the owner of Autotrader platform and Kelley Blue Book car valuation service, said it would buy Dealertrack Technologies Inc in a deal valued at $4 billion.
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