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Sep
26th

BMW’s German dealers oppose new contracts, report says

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Most of BMW's 550 independent dealerships in Germany are unwilling to accept new terms set by the automaker and are threatening to ignore an end-September deadline, a report said.
Sep
26th

Independent BMW car dealers loath to agree new terms, report says

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Most of BMW's 550 independent dealerships in Germany are unwilling to accept new terms set by the automaker and are threatening to ignore an end-September deadline, a report said.
Sep
26th

Uber agrees to $148 million settlement for hack, cleans up another mess from the recent past

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Uber will pay $148 million to settle claims related to a large-scale data breach that exposed the personal information of more than 25 million of its U.S. users, Iowa's attorney general said.
Sep
26th

How Panasonic is helping Elon Musk with his ‘production hell’

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Panasonic, the sole battery supplier for Tesla's best-selling Model 3, is taking steps to help Elon Musk solve the 'production hell' problem that has plagued the car that's key to making profits.
Sep
26th

Auto loan balance with suspected fraud activity surpasses $600 million

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Total outstanding loan balances with suspected fraud activity surpassed $1 billion in the second quarter, with auto loans accounting for more than half that amount, according to TransUnion.
Sep
26th

Carmakers have Brexit contingency plans – report

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Carmakers in Britain have triggered some Brexit contingency plans, such as certifying models in the EU, and are working on revised production schedules and stockpiling more parts should Brexit result in less than the free trade they seek.
Sep
26th

The highs, lows of Zetsche’s 12 years as Daimler chief

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Dieter Zetsche is stepping down as Daimler CEO, leaving the automaker a more focused company after the tumultuous efforts by his predecessor Juergen Schrempp to create a global auto giant. But Zetsche's tenure wasn't always smooth.
Sep
26th

The highs and lows of Zetsche’s 12 years as Daimler chief

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Dieter Zetsche is stepping down as Daimler CEO, leaving the automaker a more focused company after the tumultuous efforts by his predecessor Juergen Schrempp to create a global auto giant. But Zetsche's tenure wasn't always smooth.
Sep
26th

Cox forecasts US SAAR up, September down

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New vehicle sales pace (SAAR) in September is forecast by Cox Automotive to rise to 17.1m units, an improvement over August's 16.6m sales rate. This gain, however, may be slightly misleading. Total sales volume in September is forecast to decline nearly 60,000 units from last month (to 1.41m) and nearly 100,000 units compared to September 2017.
Sep
26th

The highs and lows of Zetsche’s 12-year tenure as Daimler chief

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Dieter Zetsche is stepping down as Daimler CEO, leaving the automaker a more focused company after the tumultuous efforts by his predecessor Juergen Schrempp to create a global auto giant.
Sep
26th

Volkswagen Arteon’s U.S. intro delayed until 2019 over emissions certification

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Volkswagen has delayed the U.S. introduction of its Arteon sedan by several months because of a backlog in gaining certification under a new worldwide emissions testing regimen.
Sep
26th

Ford says metals tariffs cost it $1bn

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Ford CEO Jim Hackett encouraged the Trump administration to resolve trade disputes quickly or it could do "more damage" to his company, which is already suffering losses from tariffs imposed by president Donald Trump.
Sep
26th

Daimler gets a quiet racecar-loving Swede as new CEO

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The spotlight on Ola Kaellenius is growing bigger with the 49-year-old's appointed to step into Dieter Zetsche's shoes as Daimler CEO.
Sep
26th

Daimler gets a quiet race car-loving Swede as new CEO

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The spotlight on Ola Kaellenius is growing bigger with the 49-year-old appointed to step into Dieter Zetsche's shoes as Daimler CEO.
Sep
26th

Canadian PM says he won’t be rushed on NAFTA, new deal not guaranteed

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Canadian Prime Minister Justin Trudeau indicated it was possible the three member nations might fail to conclude a new pact.
Sep
26th

Trump said to plan trade talks with Japan that will include cars

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President Donald Trump on Wednesday plans to announce a framework for bilateral trade talks with Japanese Prime Minister Shinzo Abe, three people familiar with the matter told Bloomberg.
Sep
26th

BMW appoints new purchasing chief amid reports of boardroom tension

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BMW's appointment of company veteran Andreas Wendt to head of the automaker's purchasing and supplier unit comes as reports say boardroom bickering has intensified amid slowing sales momentum and a lack of fresh EVs to challenge Tesla, Mercedes and...
Sep
26th

Skoda signs agreement for ‘urban mobility services’

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VW Group-owned Skoda, the city of Prague and the Faculty of Transportation Sciences at the Czech Technical University in Prague, say they will implement initiatives for sustainable urban mobility.
Sep
26th

Ford expands partnership talks with VW, Mahindra to cut costs

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A key part of Ford's plan to save money calls for deepening partnerships with other automakers around the world to share factory floor capacity and develop vehicles together, Ford executives told Reuters.
Sep
26th

Ford expands partnership talks with VW, Mahindra to cut costs

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A key part of Ford's plan to save money calls for deepening partnerships with other automakers around the world to share factory floor capacity and develop vehicles together, Ford executives told Reuters.
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