Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the White House said on Sunday, even as Trump signaled he…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted…
Ferrari will expand its lineup of road cars, but not too much
FILE PHOTO: FCA Chairman John Elkann is seen before an event at the Bocconi University in Milan, Italy May 27, 2019. REUTERS/Alessandro Garofalo PEBBLE BEACH, Calif. (Reuters) – Italian premium…
Rental firm walks away from Tesla order after quality dispute
FRANKFURT (Reuters) – Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85 Tesla (TSLA.O) Model 3 electric vehicles following a dispute over…
U.S. judge urges VW, SEC to resolve civil Dieselgate suit
WASHINGTON (Reuters) – A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG (VOWG_p.DE) to resolve a civil suit stemming from its Dieselgate…
Ford extends warranty on 560,000 Focus, Fiesta models
FILE PHOTO: The logo of Ford is seen on a 2020 Ford Explorer car at Ford’s Chicago Assembly Plant in Chicago, Illinois, U.S. June 24, 2019. REUTERS/Kamil Krzaczynski (Reuters) –…
Exclusive: PSA, Dongfeng to drop two China auto plants, halve workforce – document
BEIJING/PARIS (Reuters) – Peugeot maker PSA Group (PEUP.PA) and partner Dongfeng Group (0489.HK) have agreed to cut thousands of jobs in China and drop two of their four shared assembly…
White House’s Navarro says still expecting next round of China trade talks
FILE PHOTO: White House trade adviser Peter Navarro listens to a news conference about a presidential executive order relating to military veterans outside of the West Wing of the White…
California, four automakers defy Trump, agree to tighten emissions rules
WASHINGTON/DETROIT (Reuters) – Four major automakers said on Thursday they have reached an agreement with California on fuel efficiency rules, bypassing a Trump administration effort to strip the state of…
Ford to lay off around 200 workers at Canadian plant
TORONTO (Reuters) – Ford Motor Co (F.N) will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs…