Despite the strong performance and growth prospects, Nelson maintains a Hold rating on Asbury (NYSE:ABG) Automotive's stock, citing valuation concerns. With the stock having recently outperformed, the ...

Adding to these international headwinds are three other obstacles within the EV industry: high costs, limited battery range and sparse battery charging infrastructure. These concerns continue to ...

Owners of affected vehicles should expect an official notice in the near future and are encouraged to have their vehicles ...

Detroit-based American Axle & Manufacturing Inc. CEO David Dauch spent much of Wednesday assuring analysts that the ...

U.S. President Donald Trump could be just days away from hitting Canada with punishing tariffs. Here's a look at the industries that would be hit the hardest. Statistics Canada says the value of ...

An annual showcase of the automotive industry in West Virginia has been canceled, event organizers said.The West Virginia ...

This week, some auto industry observers felt a creeping sense of déjà vu. Seemingly out of nowhere, a Chinese firm made ...

The auto industry’s not just a big part of Michigan’s economy, it’s also a significant driver of economic development across ...

LISI's aerospace segment shows strong growth, while automotive sales decline and medical sales remain flat, leading to a ...

American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.

U.S. President Donald Trump has pledged to place 25% tariffs on imports from Mexico and Canada from Feb. 1 if the two ...

The European Automobile Manufacturers' Association (ACEA), representing 16 car and truck makers, said this week that its ...