President Donald Trump left his top advisers scrambling on Monday to explain a trade deal he claimed he'd struck with China to reduce tariffs on U.S.
Ford's US$11bn restructuring could cost 25,000 employees their jobs, exceeding the cutbacks General Motors announced last week, according to Morgan Stanley, Bloomberg reported.
President Donald Trump's top economic adviser said the White House wants to end subsidies for electric vehicle purchases, without saying how it would eliminate the incentives that were created by Congress.
Visteon Corporation is launching its first digital instrument cluster developed for PSA Group in the automaker's new DS 3 Crossback SUV.
Bentley will target currently unreachable super-wealthy customers with a future electric vehicle but only when battery technology improves, CEO Adrian Hallmark said.
Toyota GB's fifth generation RAV4 SUV will be sold only as a "self-charging full hybrid" model, as the distributor now likes to call its non-PHEV hybrids.
Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill.
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5 Dec, 2018
Rivian have already revealed a pick-up and an SUV, but a rally car-esque hatchback will be the third model in the range
"This planning round bears a clear signature: We are taking a very systematic approach to electric mobility and will be much more focused in future," Audi's interim CEO, Bram Schot, said.
Fiat Chrysler will partially lay off more than half the workforce at its underused Mirafiori plant in Turin as it retools the factory to build EVs.
BMW expects headwinds from U.S. President Donald Trump's trade war with China as well as higher commodity prices and foreign exchange swings to weigh on earnings next year.
Audi said it plans to invest nearly $16 billion in e-mobility and self-driving cars through 2023.
Fiat Chrysler will partially lay off more than half the workforce at its under-used Mirafiori plant in Turin, as it retools the factory to build EVs.
Daimler has exercised a call option on 66m shares of its Malaysian distributor Mercedes-Benz Malaysia Sdn Bhd (MBM) held by Cycle & Carriage Bintang Bhd, according to local reports.
Tokyo prosecutors plan to arrest Carlos Ghosn on a fresh claim of understating his income, media reports said.
Dealers blamed the "negative" climate sorrounding cars for a 13 percent fall in Spanish registrations in November as consumers worriy about the threat of diesel bans and even a complete ban on internal combustion engine vehicles in the future.
On the whole, last month's US light vehicle sales turned out better than expected. While most prognosticators said November deliveries would be down about 2%, the deficit was much smaller.
Germany is pledging 1.5 billion euros ($1.
New details of Carlos Ghosn's alleged financial misconduct have come to light amid mounting speculation the ousted Nissan chairman could be re-arrested by Japanese prosecutors as investigators probe new allegations.
New details of Carlos Ghosn's alleged financial misconduct have come to light amid mounting speculation the ousted Nissan chairman could be re-arrested by Japanese prosecutors so he can be detained longer.