German carmakers to invest 60 billion euros in electric cars and automation: VDA
FILE PHOTO – Electric car is charged at the charging station at the front of the German utility E.ON headquarters…
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…
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…
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…
U.S. factory orders fall; core capital goods unrevised
WASHINGTON (Reuters) – New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and…
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…
Overseas losses drag down Ford fourth-quarter results
DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday posted a lower operating fourth-quarter profit as losses in every global…
Tesla’s Model 3 gets green light in Europe
FILE PHOTO: A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show…
Industry must rein in spend on electric, self-driving cars: Magna CEO
DETROIT (Reuters) – Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to…
Volkswagen hires Apple executive for autonomous vehicle role
FILE PHOTO: Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao…
China has ‘good faith’ to fix trade issues as talks with U.S. resume
BEIJING (Reuters) – China has the “good faith” to work with the United States to resolve trade frictions, the Foreign…
France presses Renault over executive compensation paid via Dutch holding company
PARIS (Reuters) – The French government has told Renault (RENA.PA) to provide more details on compensation paid to senior executives…
Tesla urges tariff exemption for Chinese-made car computer ‘brain’
WASHINGTON (Reuters) – Tesla Inc has asked the Trump administration to exempt the Chinese-made car computer “brain” of its new…
GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source
FILE PHOTO – The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe, in Coahuila state,…
Tesla shares drop on price cut, disappointing Model 3 deliveries
(Reuters) – Shares in Tesla Inc (TSLA.O) dropped as much as 9 percent on Wednesday on worries of future profitability,…
BMW names Vukotich as new head of autonomous driving development
FILE PHOTO: A BMW logo is seen at a car dealership in Vienna, Austria, May 30, 2017. REUTERS/Heinz-Peter Bader FRANKFURT…
Uber makes confidential filing for long-awaited IPO
NEW YORK/SAN FRANCISCO, (Reuters) – Uber Technologies Inc has filed paperwork for an initial public offering, according to three people…
GM CEO to meet with U.S. lawmakers over job cuts
FILE PHOTO: General Motors CEO Mary Barra at a press conference at the North American International Auto Show in Detroit,…
GM to slash jobs and production, drawing Trump’s ire
DETROIT (Reuters) – General Motors Co said on Monday it will cut production of slow-selling models and slash its North…
Trump says he expects to raise China tariffs: Wall Street Journal
WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he expected to move ahead with raising tariffs on $200…
One trillion yuan: China state carmaker FAW gains huge credit line
BEIJING/SHANGHAI (Reuters) – China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line…
Ford picks BBDO as lead creative agency in blow to Britain’s WPP
(Reuters) – Ford (F.N) has chosen Omnicom’s (OMC.N) BBDO as its lead creative advertising agency in a symbolic blow to…
Cadillac edges Tesla in semi-automated driving test
(Reuters) – General Motors Co’s (GM.N) Cadillac outscored Tesla Inc (TSLA.O) in a new ranking of partially automated driving systems…
Honda to invest $2.75 billion in GM’s Cruise self-driving unit
WARREN, Mich (Reuters) – Honda Motor Co Ltd (7267.T) will invest $2.75 billion in General Motors Co’s (GM.N) Cruise Automation,…
GM will recall more than 3.3 million vehicles in China: market regulator
BEIJING (Reuters) – General Motors’ joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and…
Trump rejects Canada leader’s request to meet, unhappy with NAFTA talks
WASHINGTON (Reuters) – U.S. President Donald Trump said he rejected Canadian Prime Minister Justin Trudeau’s request for a meeting during…
Tesla executive exits, CEO smokes pot on webcast, shares reel
(Reuters) – Tesla Inc Chief Executive Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours…
Elliott demands fresh revamp at Hyundai Motor Group
SEOUL (Reuters) – U.S. activist hedge fund Elliott Management has renewed its pressure on Hyundai Motor Group with a fresh…
EU, U.S. trade chiefs to mend ties after Trump tariff detente
BRUSSELS (Reuters) – U.S. and EU trade chiefs will hold a first meeting in Brussels on Monday to pursue closer…
Toyota plans to recall 1 million hybrid models over wiring issue
TOKYO (Reuters) – Toyota Motor Corp (7203.T) said on Wednesday it planned to recall around 1.03 million vehicles, including its…
India’s Mahindra says Fiat Chrysler files patent complaint in U.S.
(Reuters) – India’s Mahindra and Mahindra Ltd (MAHM.NS) said on Wednesday Fiat Chrysler Automobiles U.S. LLC filed a patent violation…
Mexico, U.S. likely ‘hours’ away from NAFTA agreement -minister
WASHINGTON (Reuters) – U.S. and Mexican trade negotiators are “hours” away from squaring away bilateral differences on the North American…
Chinese authorities say Didi bears ‘unshirkable responsibility’ for passenger’s death
BEIJING (Reuters) – China’s police and transport ministry said on Sunday the country’s largest ride-hailing firm Didi Chuxing had “unshirkable…
China’s Didi suspends Hitch ride-sharing service after female passenger killed
BEIJING (Reuters) – China’s largest ride-hailing firm Didi Chuxing is suspending its Hitch services nationwide, the company said in a…
Trump says Mexico trade deal near; NAFTA hurdles seen easing
WASHINGTON (Reuters) – President Donald Trump said on Saturday that the United States could reach a “big Trade Agreement” with…
Didi woman passenger killed amid China ride-hailing safety concerns
BEIJING (Reuters) – A ride-sharing passenger in the eastern Chinese city of Wenzhou was raped and killed by a driver…
No-deal Brexit will bring tangle of red tape, Britain warns companies
LONDON (Reuters) – Britain on Thursday told companies trading with the European Union they would face a tangle of red…
Foreign automakers oppose Trump NAFTA plan as U.S-Mexico talks resume
WASHINGTON (Reuters) – Foreign-brand automakers with U.S. plants do not support Trump administration rules to raise the amount of local…
U.S. tariffs to stay on Turkey, Qatar offers Ankara aid
ISTANBUL/WASHINGTON (Reuters) – The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis…
Musk says talking to Saudi fund, others on Tesla buyout
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia’s sovereign…
U.S. built Mercedes-Benz SUV’s held up by Chinese customs
FRANKFURT (Reuters) – Mercedes-Benz sports utility vehicles built in Tuscaloosa, Alabama, are being checked for potential problems by Shanghai customs…
Canada ‘very keen’ on wrapping up year-old NAFTA talks
OTTAWA (Reuters) – Canada is “very keen” on concluding negotiations to renew the North American Free Trade Agreement as soon…
GM seeks to exclude China-made Buick SUV from tariff
(Reuters) – General Motors Co (GM.N) is seeking an exemption to a 25 percent U.S. tariff on its Chinese-made Buick…
Tesla explores building Gigafactory in Europe: Wall Street Journal
(Reuters) – Tesla Inc is in talks with authorities in Germany and the Netherlands to build its first major European…
Global auto powers plotting response to Trump auto tariff threats
MEXICO CITY/OTTAWA (Reuters) – Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to…
Factbox: Tributes paid to former Fiat Chrysler CEO Marchionne
(Reuters) – Former Fiat Chrysler Chief Executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs,…
Trump eases car tariff threat as U.S., EU launch talks to quell trade tensions
WASHINGTON (Reuters) – In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to…
China says threats, intimidation on trade will never work
BEIJING (Reuters) – Threats and intimidation on trade will never work on China, its foreign ministry said on Monday, after…
Fiat Chrysler picks Jeep boss as CEO as Marchionne’s health worsens
MILAN/PARIS (Reuters) – Sergio Marchionne was replaced as chief executive of Fiat Chrysler (FCA) on Saturday by the head of…
China says ‘bully’ United States started a trade war
GENEVA (Reuters) – The United States has started a trade war and China will defend itself, Chinese Vice Minister of…
Ex-Apple worker charged with stealing self-driving car trade secrets
SAN FRANCISCO (Reuters) – U.S. authorities on Monday charged a former Apple Inc employee with theft of trade secrets, alleging…
France says Europe united against U.S. tariffs as Germany eyes negotiation
AIX-EN-PROVENCE, France (Reuters) – The French government insisted on Sunday that Washington should expect united retaliation from Europe to further…
China to keep on path of reform, opening markets: Li
SOFIA (Reuters) – China will stick to the path of opening its markets and other reforms that has lifted its…