GM expected to invest $150 million to boost truck output in Flint, Michigan: sources
FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22,…
Fiat Chrysler sales chief files whistleblower suit over SEC probe
WASHINGTON (Reuters) – Fiat Chrysler Automobiles’ U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to…
Fiat Chrysler withdraws merger offer for Renault: WSJ
FILE PHOTO: The logos of Renault and Fiat carmakers are seen in Nice, France, June 3, 2019. REUTERS/Eric Gaillard (Reuters)…
Auto sector scrambles after Trump threatens Mexican tariffs
WASHINGTON (Reuters) – Global auto and parts manufacturers scrambled on Friday to make contingency plans and look at ways of…
GM to invest $24 mln in Fort Wayne plant, boost pickup production
FILE PHOTO: A door steel and aluminum door is welded at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant…
France wants FCA-Renault job guarantees and Nissan on board
PARIS (Reuters) – France will seek protection of local jobs and other guarantees in exchange for supporting a merger between…
Fiat Chrysler seeks Renault merger to meet auto challenges
MILAN/PARIS (Reuters) – Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday in a move to…
Fiat Chrysler in tie-up talks with Renault: sources
MILAN/PARIS (Reuters) – Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of…
Trump declares some auto imports pose national security threat
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security…
Nissan retains Saikawa as CEO, in likely rebuff of Renault
TOKYO (Reuters) – Nissan Motor Co said on Friday that Hiroto Saikawa would stay on as chief executive, backing the…
Nissan’s Saikawa to stay on as president, Renault chief to join board: sources
FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, poses as he attends French carmaker Renault’s 2018 annual results presentation…
Alabama boycott builds as states retaliate against abortion law
(Reuters) – A movement to boycott Alabama over its near-ban on abortion gained momentum Thursday as officials in Maryland and…
Tokyo prosecutors detail Ghosn’s alleged cash transfer in revised indictment: Kyodo
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei…
Ferrari sticks to FY targets after first quarter core profit up 14 percent
FILE PHOTO: The logo of Ferrari is seen on a sheet covering a car before a presentation at the 88th…
Wall Street Weekahead: Record-breaking rally leaving energy stocks behind
NEW YORK (Reuters) – The stock market surge since the start of the year that has sent the benchmark S&P…
U.S. rejects Tesla bid for tariff exemption for Autopilot ‘brain’
WASHINGTON (Reuters) – U.S. trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the…
Renault to propose joint holding company with Nissan: source
TOKYO (Reuters) – Renault will propose a plan to create a joint holding company that would give the French carmaker…
Volkswagen plans electric vehicle plant with JAC in China: local government
BEIJING (Reuters) – German automaker Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06…
Tesla solar installations slide 36 percent in first quarter
(Reuters) – Tesla Inc on Wednesday reported a 36 percent slide in solar installations and said it had implemented a…
Tesla promises return to profit in third quarter after large loss, may raise more capital
(Reuters) – Tesla Inc lost $700 million in the first quarter but predicted it would return to profit in the…
Medicare offers to partially raise payment for cancer CAR-Ts
(Reuters) – The U.S. Centers for Medicare and Medicaid Services will slightly increase coverage for expensive CAR-T cell therapies administered…
Return of the bench seat: Concept EVs show space big enough for sofas
(This April 19 story was refiled to remove Breakingviews topic code) FILE PHOTO: A designer presents an Audi AI:me concept…
Tesla to shrink board to seven directors from 11
(Reuters) – Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next…
Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use
NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another…
No-frills no longer: GM’s China brand Baojun attempts a major makeover
LIUZHOU, China/BEIJING (Reuters) – By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at…
Daimler to launch electric compact SUV in 2021: CEO
Mercedes logos are seen ahead of the Shanghai Auto Show, in Shanghai, China April 15, 2019. REUTERS/Aly Song SHANGHAI (Reuters)…
EU says it is ready to launch U.S. trade talks, but without agriculture
BRUSSELS (Reuters) – The European Union is ready to start talks on a trade agreement with the United States and…
In South Korea’s struggling Kia Town, ‘bad jobs’ better than no jobs
GWANGJU, South Korea (Reuters) – Park Byung-kyu once led Kia Motor’s union in the city of Gwangju, fighting for labor…
Auto giants battle used car dealers for Africa’s huge market
JOHANNESBURG/NAIROBI (Reuters) – At the edge of Nairobi’s Ngong Forest, thousands of used cars glitter in the hot sun on…
Delays at U.S.-Mexico border crossing hits autos, trucks still lining up
Trucks wait in queue for border customs control to cross into the U.S. at the Cordova-Americas border crossing bridge in…
Uber, ahead of IPO, sees some time before self-driving cars dominate the road
NEW YORK (Reuters) – Uber Technologies Inc expects it will be a long time before one of its biggest investments,…
Tokyo prosecutors enter former Nissan chief Ghosn’s home: NHK
FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being…
Exclusive: Renault alerts prosecutors to Oman dealer payments in Ghosn era
PARIS (Reuters) – Renault has alerted French prosecutors to payments made to a Renault-Nissan business partner in Oman under former…
Lyft shares soar on Nasdaq debut, setting stage for Uber
LOS ANGELES/NEW YORK (Reuters) – Lyft Inc’s shares rose as much as 23 percent in their market debut on Friday,…
Nissan committee says facts point to legal violations by former chairman Ghosn
YOKOHAMA, Japan (Reuters) – An external committee reviewing governance at Nissan Motor Co said on Wednesday there were enough facts…
Tesla’s Elon Musk, SEC to face off in U.S. court on April 4
NEW YORK (Reuters) – Lawyers for Elon Musk and the U.S. Securities and Exchange Commission will square off in a…
Musk’s lawyers say U.S. SEC has not met heavy burden to show contempt
FILE PHOTO: SpaceX founder Elon Musk looks on at a post-launch news conference after the SpaceX Falcon 9 rocket, carrying…
GM to announce $300 million investment in Orion EV/AV plant
(Reuters) – General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that…
Federal charges for former UAW vice president in corruption probe
WASHINGTON (Reuters) – U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of…
BMW, Mercedes-Benz lower prices in China after VAT drop
FILE PHOTO: BMW cars are seen at the automobile terminal in the port of Dalian, Liaoning province, China January 9,…
Elon Musk’s defense of his Tesla tweet will get SEC response
(Reuters) – The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc…
Hyundai Motor in talks with investors to develop headquarters project
FILE PHOTO: The logo of Hyundai Motor is seen on wall at a event of Hyundai Motor Co’s new Accent…
Uber not criminally liable in fatal 2018 Arizona self-driving crash: prosecutors
(Reuters) – Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one…
U.S. agency probing two fatal Tesla crashes in Florida since last Sunday
WASHINGTON (Reuters) – U.S. authorities are investigating a fatal Tesla Inc Model S crash in Florida last Sunday that killed…
Tesla’s store-shuttering strategy may pull the rug out of solar
SAN FRANCISCO (Reuters) – Tesla Inc’s sudden decision to shutter the bulk of its stores around the world raises a…
Tesla debuts $35,000 Model 3, sees loss in first quarter
SAN FRANCISCO (Reuters) – Tesla Inc said on Thursday it would offer a $35,000 version of its Model 3 sedan…
Ford to close oldest Brazil plant, exit South America truck biz
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022…
U.S. agency submits auto tariff probe report to White House
WASHINGTON (Reuters) – The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash…
Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022…
Auto industry lines up against possible U.S. tariffs
WASHINGTON (Reuters) – The U.S. auto industry urged President Donald Trump’s administration on Monday not to saddle imported cars and…
U.S. fund managers brace for consumer slowdown
(Reuters) – With expectations for slowing growth escalating, U.S. fund managers are selectively avoiding stocks in consumer companies as lofty…
Exclusive: Tesla’s delivery team gutted in recent job cuts – sources
SAN FRANCISCO (Reuters) – When Tesla Inc announced last month a second round of job cuts to rein in costs,…
High-margin pickup trucks drive GM profit, shares rise
DETROIT (Reuters) – General Motors Co on Wednesday reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
General Motors says in talks to invest $2.73 billion in Brazil till 2024
The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt…