The North African country has been using its newfound financial muscle to project power across the continent, increasing investment in regions that European banks now tend to avoid.

Nissan's board has voted to remove Chairman Carlos Ghosn, who was arrested earlier this week for financial irregularities, after the Japanese company's French partner, Renault, abandoned a demand to postpone the vote, Reuters reported Nov. 22.

Its vehicle manufacturers rely on exports, and the United States is by far their most important market. But satisfying White House trade demands won't be easy for Seoul.

From its carmakers to its parts suppliers and service providers, the European Union's auto industry would feel the sting of the Trump administration's tariffs.

The government has used the country's lower production costs to lure Brazilian and Argentinian manufacturers. But its economic strategy could have a limited lifespan.

The transition from fossil fuels to alternative energy sources has only just begun, but in countries such as France, the United Kingdom and China, leaders are drawing a roadmap for the long journey ahead.

Auto racing has a long and storied history of breaking new ground in its rearview mirror. Given its plan to debut a race of self-driving cars later this year, it seems that more innovation lies on the road ahead.

The Kremlin's effort to prevent layoffs at the country's biggest carmaker ignores a much larger source of financial strain on Russian voters.

Massive strikes in Turkey’s auto sector have allegedly spread to include Ford Motor Co. workers, AFP reported May 20.

Some 1,500 Turkish employees of a factory run by French carmaker Renault went on strike over wages May 14 completely halting production, AFP reported May 15.