Auto industry officials expect President Donald Trump to urge Canada and Mexico to agree to new tougher "rules of origin" that would require a higher percentage of North American content to be considered tariff free. Under NAFTA, at least 62.
President Donald Trump put neighboring Canada and Mexico on notice: He's determined to wring out more favorable terms from NAFTA. Now comes the hard part of reworking a trade deal that's framed relations for more than two decades.
News
18 Apr, 2017
The most serious speeders will see fines rise by 50 per cent under new laws later this April
Paris launched a new color-coded sticker scheme to restrict diesel car use in its latest attempt to reduce air pollution many citizens blame for coughing fits, eye irritation and runny noses.
Audi workers at a plant in Hungary that builds the A3 and TT have set up a strike committee to push for higher salaries. It is the latest sign of how labor shortages in the country are driving up wage expectations.
Volvo named Yuan Xiaolin to succeed Lars Danielson as senior vice president of the company's Asia-Pacific operations, effective March 1.
Ford is expanding its customer service division with a new Omnicraft brand of aftermarket parts to cover non-Ford and non-Lincoln vehicles.
The global auto industry looks healthy this year, but PwC says mergers and acquisition experts want to assess President Trump's influence on environmental rules, international trade and the overall economy before pursuing new deals.
BMW has made its 5 series lighter, more economical and fully connected with advanced technology first introduced in its 7-series flagship as the automaker aims to advance sales of its second most popular model after the 3 series.
U.S. District Judge Charles Breyer granted final approval to VW's settlement worth up to $1.21 billion with 652 U.S. dealers over diesel emissions violations. VW's dealers will receive an average of $1.
Mahle and Robert Bosch plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth.
President Donald Trump will have breakfast Tuesday with the CEOs of General Motors, Ford and Fiat Chrysler Automobiles as he pressures automakers to boost U.S. employment.
Lil' Buck -- who challenges gravity in a new ad for Apple's AirPod headphones -- will dance onto advertising's biggest stage in a Super Bowl ad for Lexus.
President Donald Trump formally withdrew the United States from the Trans-Pacific Partnership trade deal on Monday, distancing America from its Asian allies as China's influence in the region rises.
BMW will buy more autoparts with Daimler, new purchasing head Markus Duesmann told the Frankfurter Allgemeine Zeitung.
General Motors has halted spending on new models for India while it reviews its future product line, a media report said.
PSA Group will announce a return to India this week through a manufacturing venture with New Delhi-based CK Birla Group, a French press report said. The joint venture deal will include a Chennai assembly plant, Les Echos said.
President Trump met with a dozen prominent American manufacturers, such as Ford and Tesla, and promised them he would slash regulations and cut corporate taxes, but warned them again of penalties if they move production outside the country.
The rumors continue to circulate: Will Lear CEO Matt Simoncini run for governor of Michigan? He says there are no such plans.
BMW says it is in talks with German and British government bodies, as well as the VDA, with the Munich-based automaker urging London to maintain tariff-free access to the European Union (EU) post Brexit.
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