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Dec
4th

Trump’s advisers attempt to explain deal on auto tariffs he says he cut with China

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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.
Dec
4th

Is Ford planning 25,000 job cuts?

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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.
Dec
4th

White House wants to end EV subsidies, Trump aide says

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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.
Dec
4th

Visteon launches first all-digital cluster for Peugeot-Citroen

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Visteon Corporation is launching its first digital instrument cluster developed for PSA Group in the automaker's new DS 3 Crossback SUV.
Dec
4th

Bentley will wait for stronger batteries before launching an EV

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Bentley will target currently unreachable super-wealthy customers with a future electric vehicle but only when battery technology improves, CEO Adrian Hallmark said.
Dec
4th

Toyota GB plans hybrid-only RAV4 5G

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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.
Dec
4th

U.S. lawmakers make final push to win approval of self-driving car bill

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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.
Dec
4th

New all-electric Rivian hatchback on the way

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Rivian R1S - charging
News 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

Dec
4th

Audi will invest nearly $16 billion in e-mobility, self-driving cars

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"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.
Dec
4th

Fiat Chrysler lays off Italian workers building Maserati SUV

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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.
Dec
4th

BMW faces trade, cost headwinds of at least $1.1 billion in 2019

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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.
Dec
4th

Audi will invest nearly $16 billion in e-mobility, self-driving cars

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Audi said it plans to invest nearly $16 billion in e-mobility and self-driving cars through 2023.
Dec
4th

Fiat Chrysler lays off Italian workers building Maserati SUV

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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.
Dec
4th

Daimler acquires Cycle & Carriage’s stake in Malaysia distributor

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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.
Dec
4th

Japanese prosecutors to arrest Ghosn on fresh claim – reports

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Tokyo prosecutors plan to arrest Carlos Ghosn on a fresh claim of understating his income, media reports said.
Dec
4th

Spanish sales fall 13% as diesel woes continue

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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.
Dec
4th

November US light vehicle sales beat expectations

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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.
Dec
4th

Germany almost doubles funding to improve air quality, avert driving bans

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Germany is pledging 1.5 billion euros ($1.
Dec
4th

Ghosn may face longer detention as new allegations are made

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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.
Dec
4th

Ghosn may face longer detention as new allegations are made

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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.
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