News
21 Jun, 2018
Jumping out of high SUV boots is shown to place more stress on dogs’ front legs, potentially doing long-term harm
Volkswagen Group will rename its truck and bus division Traton Group as it prepares to raise funds for global expansion in commercial vehicles.
If the Trump administration imposes tariffs on foreign cars, and trading partners retaliate, that could chill Volvo'splans to add jobs at its South Carolina plant, CEO Hakan Samuelsson said.
If the U.S. imposes tariffs on foreign cars, and trading partners retaliate, that could chill Volvo Cars' plans to add jobs at its new U.S. plant, CEO Hakan Samuelsson said.
Seventeen young and talented automotive executives have been named as Rising Stars in the automotive industry by Automotive News Europe.
Toyota wants to follow the example of Tesla and Google, which rely heavily on cheaper, non-traditional marketing. Savings will be invested in emerging technologies such as autonomous vehicles.
Daimler became the first prominent company to cut its profit outlook due to escalating trade tensions between the U.S. and China. Analysts said other automakers may also reduce guidance on earnings.
Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, Reuters reported, citing people familiar with the matter.
Canadian Prime Minister Justin Trudeau said Wednesday he doubted whether U.S. President Donald Trump would carry out a threat to impose tariffs on light vehicles, given the economic damage such a move would cause.
Daimler said profit would fall in 2018 as new import tariffs on light vehicles exported from the United States to China would hurt sales of high-margin Mercedes-Benz SUVs.
Daimler said profit would fall in 2018 as new import tariffs on light vehicles exported from the United States to China would hurt sales of high-margin Mercedes-Benz SUVs.
The Trump administration risks spoiling the experience American auto shoppers have in showrooms by limiting options and making vehicles more expensive, Volvo Car Group's chief executive officer said.
The Trump administration risks spoiling the experience American auto shoppers have in showrooms by limiting options and making vehicles more expensive, Volvo Cars CEO Hakan Samuelsson said.
GM is expanding its ACDelco and Genuine GM Parts operations with a $65 million processing center. The project represents GM's largest outlay for a U.S. warehousing and logistics operation in nearly 40 years.
The subscription service is part of the growth strategy of parent company Prime Automotive Group, which joins a budding trend of retailers and automakers experimenting with such plans.
U.S. senators criticized Commerce Secretary Wilbur Ross for investigating possible trade action on auto imports along with the Trump administration's metals tariffs.
Billions of dollars will be lost by many automakers that continue to invest in autonomous and electric vehicles while consumer buy-in remains low, a study from consulting firm AlixPartners says.
Tesla sued a former employee for hacking its confidential and trade secret information, transferring several gigabytes to outsiders along with illicit photos of the production line.
German automakers would abandon car tariffs between the EU and the United States in exchange for President Trump dropping a 25 percent tax threat on European auto imports, according to a report.