Trump’s tariffs trip up the all-American RV industry
ELKHART, Ind. (Reuters) – Carrie Gray points to a stack of unwelcome mail on a conference table at the offices…
BMW promotes Oliver Zipse to CEO
FILE PHOTO: Oliver Zipse, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany,…
BMW picks Oliver Zipse as new CEO
FRANKFURT (Reuters) – BMW (BMWG.DE) said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert…
UAW president to GM: We invested in you, now invest in us
DETROIT (Reuters) – The UAW and General Motors Co (GM.N) on Tuesday formally kicked off contract talks, with the union’s…
Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup
BEIJING (Reuters) – Tesla Inc (TSLA.O) has dropped the standard-range variants of its Model X and Model S from its…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars…
Trump administration freezing fuel efficiency penalties
WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama…
European startups navigate long, winding road to self-driving future
OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a…
Ford, Volkswagen promise details on electric, autonomous vehicle alliance
HAMBURG/DETROIT (Reuters) – Ford Motor Co and Volkswagen AG (VOWG_p.DE) said on Thursday they are expanding their global alliance announced…
GM, Ford quarterly China sales slide again amid economy woes
BEIJING (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) announced their quarterly sales in China fell, albeit…
Warning light flashing for Slovakia’s auto industry
BRATISLAVA/PRAGUE (Reuters) – When David landed an assembly line job at Volkswagen’s (VOWG_p.DE) Bratislava factory, his colleagues congratulated him on…
Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S.…
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still…
Tesla delivers record number of electric cars in quarter, shares up 7%
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) set a record for quarterly vehicle deliveries in a triumphant response to months…
Trump says any China trade deal would need to be somewhat tilted in U.S. favor
WASHINGTON (Reuters) – President Donald Trump said on Monday that trade talks with China were under way and any deal…
U.S. dominates second quarter global M&A as mega deals roll on
NEW YORK/LONDON (Reuters) – Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of…
Japan watchdog to recommend $24 million fine for Nissan over Ghosn pay: source
FILE PHOTO: The Nissan logo is seen at the North American International Auto Show in Detroit, Michigan, U.S., January 14,…
Velodyne Lidar hires bankers for an IPO: Business Insider
A Velodyne LiDAR sensor is seen mounted on a self-driving vehicle during a self-racing cars event at Thunderhill Raceway in…
VW’s Tennessee workers vote against union representation
CHATTANOOGA, Tenn. (Reuters) – Workers at Volkswagen AG’s assembly plant in the state of Tennessee narrowly voted against union representation,…
VW to float 10% of truck unit, seeks to raise 1.9 billion euros
FRANKFURT (Reuters) – Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it…
Cheaper sensors could speed more self-driving cars to market by 2022
(Reuters) – The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one…
Trump leaves China tariff deadline open, calls relationship ‘testy’
WASHINGTON (Reuters) – U.S. President Donald Trump declined to set a deadline on Wednesday for levying tariffs on another $325…
Trump presses China to reverse stance on structural reform if it wants trade deal
WASHINGTON (Reuters) – President Donald Trump said on Tuesday that he was holding up a trade deal with China and…
End of the road for Volkswagen’s self-driving Aurora deal
FILE PHOTO: The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in Puebla near…
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,…
Trump ready to slap more tariffs on China after G20 meeting
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs…
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…
China rebuffs Trump claim U.S. tariffs are making firms leave
BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s…
China’s tough rhetoric leaves trade talks with U.S. in limbo
WASHINGTON/BEIJING (Reuters) – China struck a more aggressive tone in its trade war with the United States on Friday, suggesting…
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…
Trump and Xi to meet after defiant China hits U.S. with new tariffs
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as…
China Vice Premier says hopes to engage in rational, candid talks with U.S.: Xinhua
Chinese Vice Premier Liu He leaves the office of the U.S. Trade Representative in Washington, U.S., May 9, 2019. REUTERS/James…
U.S.: China reneged on trade commitments, sparking Trump tariff hike
WASHINGTON (Reuters) – China backtracked on substantial commitments it made during trade talks with the United States, prompting President Donald…
Ride-hailing drivers in New York to strike ahead of Uber IPO
NEW YORK (Reuters) – Uber Technologies Inc’s drivers in New York will go on strike next week shortly before the…
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…
Trump: Japan will invest $40 billion in U.S. car factories
U.S. President Donald Trump delivers remarks at a Make America Great Again rally at the Resch Center Complex in Green…
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’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…
New North American trade deal modestly boosts U.S. economy, trade panel finds
WASHINGTON (Reuters) – The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production,…
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…
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…
U.S., China agree to establish trade deal enforcement offices: Mnuchin
WASHINGTON (Reuters) – The United States and China have largely agreed on a mechanism to police any trade agreement they…
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,…
Trump says U.S.-China trade deal may be reached in four weeks
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday the United States and China were getting very close to…
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…
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,…
Lyft valued at $24.3 billion in first ride-hailing IPO
(Reuters) – Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup…
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…
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…
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…