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China’s Annual NEV Sales Trending for Decline in 2019

China’s Annual NEV Sales Trending for Decline in 2019

Sales of new energy vehicles, or NEVs, in China continue to shrink with sales falling 45.6% in October, according to the China Association of Automobile Manufacturers. The fall, which is blamed on the end of major subsidies paid to buyers, last month follows a 33%...
Toyota Exceeds Analysts Estimates with Q2 Profits

Toyota Exceeds Analysts Estimates with Q2 Profits

Toyota Motor Co. celebrated beating analysts’ estimates for its second quarter by announcing a $1.8 billion share buyback. Operating profit rose 14% to 662.3 billion yen, or $6.1 billion, for the quarter ended Sept. 30, marking Toyota’s best second quarter since...
FCA Makes Splash at SEMA as Jeep Takes 4×4 Award

FCA Makes Splash at SEMA as Jeep Takes 4×4 Award

The annual SEMA meet up must be like nirvana for Fiat Chrysler’s Mopar brand, and the automaker’s specialty parts division isn’t disappointing this year bringing 14 vehicles to the show, including featuring two pickup truck concepts as well as Jeep Wrangler Rubicon...