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May
13th

German regulator says Geely’s Daimler stake needed earlier disclosure

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German markets regulator BaFin is reviewing whether to impose fines after it found that transactions to buy a 9.69 percent stake in Daimler on behalf of Li Shufu, chairman of Chinese carmaker Geely, should have been disclosed earlier.
May
13th

Ferrari dealership in Michigan completes $5 million expansion

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The only Ferrari dealership in Michigan is set to show off a $5 million expansion when it opens for business Monday inside a 53,000-square-foot store in the Detroit suburbs.
May
13th

Wolfgang Porsche: The legend must be maintained

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In a rare interview, Wolfgang Porsche, spokesman for the influential Porsche-Piech family that controls VW Group, talked about VW's leadership and the future of the Porsche brand.
May
13th

Toyoda warns Toyota faces ‘life-or-death’ battle

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Akio Toyoda, warning that his company is locked in a 'life-or-death battle,' says Toyota must redouble cost-cutting efforts even as it books a record profit.
May
13th

Wolfgang Porsche interview: The legend must be maintained

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In a rare interview, Wolfgang Porsche, spokesman for the influential Porsche-Piech family that controls Volkswagen Group, talked about VW's past and future leadership and the future of the Porsche brand.
May
13th

Auto lending guidance could end, but not scrutiny

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The repeal of the Bureau of Consumer Financial Protection's auto loan guidance would be a victory for dealers and lenders, but other regulators will keep an eye on auto lending. The celebration should be short-lived.
May
13th

Ready for battle

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Akio Toyoda, warning that his company is locked in a 'life-or-death battle,' says Toyota Motor Corp. must redouble cost-cutting its efforts even as it books a record profit.
May
13th

Porsche sees Rennsport audience as primed for EV pitch

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Thousands of Porsche enthusiasts gathering in California this fall give the automaker the perfect chance to sell the brand's most loyal consumers on its new EV offerings.
May
12th

Porsche accused of altering Cayman R emission test for UK market

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Porsche Cayman R rear cornering
News 12 May, 2018

Pulling away in second gear said to have produced reduced CO2 readings for Porsche Cayman R, leading to lower tax bills for owners

May
12th

Tesla engineering chief takes break after Musk brushed him aside

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Tesla's engineering chief is taking a break from the company, weeks after Elon Musk took over production responsibilities during the rocky ramping up of the Model 3 sedan.
May
12th

GM preparing defense unit for deployment

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The new GM Defense marks a major growth area and return to military work for the automaker after it sold a previous defense unit to General Dynamics Corp. for $1.1 billion in 2003.
May
12th

How Waymo plans to develop and deploy its brand

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Instead of spending billions on brick and mortar manufacturing and the development of its own products, Waymo is partnering with automakers.
May
12th

No launch in sight for Elio

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Three-wheeled car startup Elio Motors promised to bring 1,500 jobs to General Motors' closed assembly plant in Shreveport, La. Five years later, the venture is still seeking funding.
May
11th

Ford was offered consulting services by Trump’s attorney, report says

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Donald Trump's personal attorney Michael Cohen, touting his close relationship with the president, offered to provide consulting services to Ford but his overture was rejected, a person briefed on the matter told Reuters.
May
11th

Ford could resume F-150 truck output Friday, report says

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Ford could resume production of F-150 pickups on May 18 at factories in Michigan and Kansas City, after a fire at a supplier plant disrupted the availability of key parts, Reuters reported, citing a source familiar with the automaker's plans.
May
11th

Ford could resume F-150 truck output next Friday, report says

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Ford could resume production of F-150 pickups on May 18 at factories in Michigan and Kansas City, after a fire at a supplier plant disrupted the availability of key parts, Reuters reported, citing a source familiar with the automaker's plans.
May
11th

Takata’s defective airbags now linked to 278 injuries in U.S.

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Takata's defective airbags have been linked to 278 injuries across the United States, according to updated figures released by Senator Bill Nelson of Florida, in advance of a hearing next week on the nomination of Heidi King to head NHTSA.
May
11th

Cadillac’s virtual reality project has ‘no limits,’ innovation head says

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Dealers can get a head start marketing Cadillac's XT4 compact premium crossover not with traditional on-site inventory, but instead with virtual reality.
May
11th

VW, Seat cars recalled over rear seatbelt problem

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VW Group will recall VW Polo, Seat Ibiza and Seat Arona models due to a problem with the rear seatbelt lock.
May
11th

Opel halts staff buyouts as engineers quit for BMW, JLR

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Opel has suspended voluntary buyouts after staff representatives warned that a wave of departures following PSA's takeover could leave it short of skilled workers.
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