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The Federal Open Market Committee (FOMC) voted 9-1 on March 15 to raise the target range for the federal funds rate by a quarter percentage point to 0.75% to 1% — a move that was widely expected.
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Heading toward 2020, Audi will introduce two compact SUVs, three electrified vehicles, and ramp up autonomous driving technology as it moves away from a 2016 that was marred by the diesel scandal and Takata recall.
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Acura's gasoline-electric hybrid 2017 MDX compact SUV will retail for at least $52,935 when it arrives in April, Acura has announced.
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Mazda Motor Corporation will expand production of its CX-5 compact SUV for the second-generation 2017 model that has become the automaker's leading seller.
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Vowing to end the "assault on the American auto industry," President Donald Trump promised to reopen a federal review of fuel economy standards that was concluded in the waning days of the Obama administration at an event outside of Detroit.
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The recall includes more than 54,000 2012-model year vehicles.
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UPS said it will invest more than $90 million in natural gas facilities and vehicles, including fueling stations, compressed natural gas trucks and liquefied natural gas vehicles.
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Ram Commercial introduced its Augmented Reality Upfit Configurator and Q Pro certification program to help dealers and auxiliary equipment providers set up its trucks and vans for commercial users at the Work Truck Show in Indianapolis.
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Landi Renzo USA will begin offering a ship-through channel for customers to take delivery of converted compressed natural gas (CNG) trucks and vans utilizing Ford's existing distribution network from Ford's Ohio Assembly Plant, the company announced at the Work Truck Show in Indianapolis.
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Mitsubishi Fuso Truck of America premiered a new prototype V8 gasoline powertrain for the company’s FE Series medium-duty cabovers at the NTEA Work Truck Show in Indianapolis.
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