Tesla has opened a tender process to build its Shanghai Gigafactory and at least one contractor has started buying materials, according to sources and documents reviewed by the Reuters news agency which said this was the clearest indication that construction was imminent.
BYD, the electric vehicle and batteries specialist based in China and backed by billionaire investor Warren Buffett, is reportedly planning a share listing for its battery business by the end of 2022.
Fiat Chrysler Automobiles plans to convert an idled engine plant in Detroit into an assembly plant as part of plans to add a new three-row Jeep SUV to its lineup, the Detroit News reported.
Tesla notified holders of bonds due in March that if they elect to convert the debt, they'll be paid with a 50-50 mix of cash and stock, according to a copy of a document seen by Bloomberg.
President Donald Trump will finally have his own permanent nominee running the Bureau of Consumer Financial Protection, a controversial agency that Republicans say has stifled economic growth.
Analysis of the Jaguar E-Pace interior was a popular read this week while newshounds were drawn to the awful possibility the latest round of Ford restructuring could cost 25,000 jobs.
The trade dispute between the United States and China is affecting Germany's automotive sector with the number of new vehicles in the Chinese market expected to fall this year, the VDA industry association said.
Tesla General Counsel Todd Maron is leaving the company, adding to a long list of senior management departures this year. Tesla said it hired Washington lawyer Dane Butswinkas as his successor.
Bosch expects global car production in 2019 to languish at this year's level, the head of its core components unit has said, citing a slowdown in China and lower demand for diesel cars in Europe.
Tokyo prosecutors are expected to indict Carlos Ghosn, the former chairman of Nissan Motor and Mitsubishi Motors, along with former Nissan representative director Greg Kelly and Nissan Motor itself on Monday, the Nikkei business daily reported.
Ford of Europe has announced leadership changes which it says are designed to accelerate the company's "transformation efforts" and create a more agile organisation.
Renault is aiming to reach in about a week the first conclusions of an internal probe into whether the pay packages of Carlos Ghosn and other top managers of the automaker were properly disclosed.
Braking systems specialist Knorr-Bremse is to acquire the commercial vehicle steering business (IPS) from Hitachi Automotive Systems in Japan and Thailand.
Nissan discovered more final inspection problems and said it will recall 150,000 vehicles in Japan as an executive blamed ousted boss Carlos Ghosn for partially fanning the lapses.
A consortium called BioLNG EuroNet announced a commitment to the further expansion of LNG (liquefied natural gas) as a road transport fuel across Europe with new infrastructure that should ensure the long-term success and mass scale adoption, it says.
Over the next four years, EUR800m will be spent at Saarbruecken, the lead location of ZF's transmission technology, the Tier 1 supplier announced.
Ford has announced the retirements of three long-serving global executives - Kenneth Kent, vice president and treasurer; Joe Bakaj, vice president, Product Development, Ford of Europe; and Bill Russo, vice president, Manufacturing, Ford of Asia Pacific - effective at the end of the year.
Denso says it has invested nearly US$100m over a four-year period in start-up companies around the world as part of its 'long-term vision to provide software-based solutions focused on electrification, automated driving, connectivity and shared economy [we say CASE; other acronyms are available - ed].
BYD France has delivered its first pure electric buses assembled in its Beauvais factory.
Audi AG and the longstanding Audi importer Sovac have opened the assembly of three models in Algeria.
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