GM pressed by 2 Senators to build all EVs for U.S. stateside
Two U.S. senators from Ohio on Tuesday asked General Motors CEO Mary Barra to commit to building all future electric vehicles for U.S. buyers at home and to provide more details of plans to cut back on car output in North America.
China to cut tariffs on U.S. autos to 15 percent, Trump official says
China has agreed to cut tariffs on U.S.
Nissan to correct earnings to account for Ghosn's unreported income
Nissan will file corrected earnings for past years in which Carlos Ghosn, the company's ousted chairman, allegedly under-reported his compensation by tens of millions of dollars.
Ford Ranger pickup rated at 23 mpg combined, best among gasoline-powered rivals
The Ford Ranger is returning next month as the most fuel-efficient gasoline-powered pickup on the U.S. market.
Musk slams '60 Minutes' for editing comments about chairman
Tesla CEO Elon Musk criticized “60 Minutes” for editing out parts of his responses to questions about losing the role of chairman last month.
Hyundai Motor's 2 r&d vice chairmen offer to resign, report says
Hyundai Motor Group's two vice chairmen in charge of r&d have offered to resign, three people familiar with the matter told Reuters.
Ex-Ford Argentina execs convicted in torture case
An Argentine court convicted two former executives of a local Ford plant of involvement in the torture of workers during the country's dictatorship in the 1970s, victims' lawyers said, adding they may sue Ford in U.S. federal court.
Cars.com pressured to perform, shake up management or sell
Starboard Value is calling on Cars.com to improve its performance or consider selling itself or making management changes, about nine months after the activist hedge fund reached a settlement agreement with the online auto-dealing platform.
Vroom collects $146 million in latest funding, eyes expansion with new hires
Upstart online used-car retailer Vroom said it raised $146 million in its latest round of funding, including a previously reported $50 million from AutoNation Inc.
Hertz and Clear promise new solution to car rental counter hell
Hertz and Clear announced the debut of Hertz Fast Lane Powered by Clear, a service that uses biometrics to speed members through the rental car process.
Audi's Santa has midlife crisis, sheds pounds to fit into an RS 5
Santa Claus takes on a modern look in a new Audi ad that shows him shedding pounds when he endures a bit of a mid-life crisis after realizing that he can't fit into an RS 5 at his current weight.
720S Spider joins McLaren lineup
McLaren Automotive has added another flavor to its 720S lineup by adding a convertible.
Hyundai, suppliers plan $6.7 billion investment to boost fuel cell output
Hyundai and its suppliers plan to spend $6.7 billion through 2030 to raise production of fuel cells by more than 200-fold as the automaker targets to become a key player in the new-energy vehicle technology.
China car sales drop at steepest pace in nearly 7 years
China's automobile sales fell about 14 percent in November from a year earlier. It was the steepest decline since January 2012, when the timing of the Lunar New Year holiday hurt auto sales.
BMW names new head of autonomous driving development
Alejandro Vukotich will replace Elmar Frickenstein, who has been in charge of the department since it was created in May 2016 and who will retire after a three-month handover phase in March.
Daimler to buy $23 billion of battery cells in EV push
"We set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said.
Worthington named Ford's VP of global product development operations
The Ford executive is now responsible for leading the automaker's global vehicle programs under product development, with Graham Pearson leading product development for Asia Pacific and China.
UAW says U.S. should go beyond USMCA gains in any free-trade deal with Japan
The UAW is urging the White House to go beyond gains in the tentative United States-Mexico-Canada Agreement in any free-trade agreement negotiated with Japan.
Ford goes back to the future in Detroit's Corktown
Ford has taken a giant leap into an enormous project to remake where employees think, design and create the vehicles of the future in a Detroit campus that is four years away from becoming reality.
Ford in talks with German workers about Saarlouis job cuts
Ford said it started negotiations with German worker representatives about potential job cuts at its Saarlouis plant following a decision to discontinue production of its Ford C-Max model.
Bosch rejected stock listing to raise money for industry shift to EVs, report says
Robert Bosch, the world's largest automotive supplier, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter...
Continental will turn to software takeovers after powertrain IPO, report says
German supplier Continental is considering acquiring software makers after the flotation of its powertrain unit expected in the second half of 2019, CFO Wolfgang Schaefer told Boersen-Zeitung.
Tesla readies Model 3 for Europe launch
Tesla will start the European rollout of its Model 3 in February, putting pressure on German premium brands that have seen the Model S outsell flagship sedans such as the Mercedes-Benz S class.
Uber said to file confidentially for IPO on Lyft's heels
Like Lyft, Uber last week submitted its IPO filing to the Securities and Exchange Commission, a person familiar with the matter told Bloomberg.
Ghosn, Kelly, Nissan indicted for under-reporting compensation
Nissan promised to improve corporate compliance after Tokyo prosecutors indicted former Chairman Carlos Ghosn, close aide Greg Kelly and the automaker itself for allegedly understating Ghosn's compensation.
GM's fast-rising CFO takes on high-speed strategy
Dhivya Suryadevara has quickly risen through the ranks of GM since starting as a senior financial analyst in 2005.
VW-Ford talks are gaining steam
As Ford has tried to downplay its ongoing talks with Volkswagen Group, VW CEO Herbert Diess, who last week said VW is eyeing access to Ford's U.S. manufacturing footprint, keeps upping the ante.
GM cutbacks complicate USMCA's path to passage
General Motors' decision to idle four U.S. assembly and parts plants could provide ammunition for critics of President Donald Trump's new North American trade agreement.
Affordability worries put dealers in a gloomy mood
Price pressure, rising interest rates and a shrinking supply of affordable vehicles have auto dealers worrying more about business as they look toward 2019, according to the Cox Automotive Dealer Sentiment Index survey for the fourth...
November numbers reflect surprisingly good sales year
Heading into 2018, U.S. auto sales appeared headed for a second-straight annual decline. But it hasn't played out as expected: Sales have remained steady even as incentives were disciplined and prices rose further.