VW to spend over $40B on EVs, autonomy push
Volkswagen approved an unprecedented five-year spending plan that aims to further the company's goal of transforming itself into a leading force in electric vehicles and...
U.S. chamber warns Trump of political pain over NAFTA's demise
The lead negotiators for the three NAFTA countries joined the latest round of talks as the Chamber of Commerce warned that an American pullout would hit hardest some key...
Musk reopens fundraising playbook to launch Semi, Roadster
Tesla CEO Elon Musk is turning to a tried-and-true source of financing for his unprofitable car company -- paying customers willing to wait years for delivery of shiny new...
Nissan will send U.S.-built Titans to China
Nissan will ship the U.S.-built Titan pickup to China as the company and its Renault-Nissan-Mitsubishi Alliance explore more commercial opportunities around the world.
U.S. rejects Ford, Mazda petitions to delay recall of Takata airbags
NHTSA turned down a petition by Ford and Mazda to delay -- for additional testing -- the recall of about 3 million vehicles with potentially defective airbag inflators made...
Wells Fargo dismisses head of consumer lending
Franklin Codel, the head of consumer lending at Wells Fargo, was fired over unsuitable communications he had with a former employee, the bank said, the latest upheaval at a...
Jay Amestoy, retired head of PR for Mazda, dies after lengthy illness
Jay Amestoy, who spent more than two decades at the public relations helm at Mazda North America and previously worked in public relations for Volkswagen Group of America,...
Toyota plots return to EVs, this time in Asia
Selling EVs in China and India will mark the return of Toyota into the battery-powered market after halting production of the electric RAV4 in 2014.
U.S. probes 415,000 VW vehicles for airbag problems
NHTSA opened an investigation into potential airbag failures in 415,000 Volkswagen vehicles after the company issued a recall for the same issue in 2015.
Nissan cites staff shortage for improper plant tests
Nissan blamed a lack of trained staff for improper inspections at Japan factories and will increase the number of inspectors to improve compliance.
Ford plans $885 million outlay to build key crossover in Spain
Ford will invest more than 750 million euros ($885 million) in its Spanish plant in the eastern region of Valencia to produce the next-generation Kuga crossover.
Kia prices Stinger sport sedan from $32,800
Kia is adopting competitive pricing on the rwd Stinger to help establish a foothold in the competitive compact luxury sport sedan market.
Facebook updates ad features to convert mobile shoppers
Facebook has updated two of the platform's ad tools to better serve the auto industry in its quest to reach mobile shoppers.
Lear CEO Simoncini resigns; seating boss Ray Scott is successor
Lear CEO Matt Simoncini is stepping down, effective Feb. 28, ending a six-year run in the company's top job.
Subaru sees $177 million in costs linked to Japan inspection scandal
Subaru said it was recalling 395,000 vehicles in Japan and that it expected to incur about $177 million in costs related to improper final inspection procedures at domestic...
Infiniti rolls out industry-first variable compression engine
The next-generation Infiniti QX50 crossover will be powered by a turbocharged four-cylinder engine introducing a technology never seen before in a regular production vehicle:...
EU to fine seat belt, airbag cartel, report says
The EU is set to fine a group of car seat belt and airbag makers in the coming weeks, Reuters reported, in the latest regulatory crackdown on price fixing in the sector.
Daimler launches Tel Aviv hub for auto technology
Daimler has opened a research and development center in Tel Aviv, one of a growing number of multinational firms seeking to tap into Israel's auto technology expertise as the...
Linamar exposed, Magna not so much, to U.S. NAFTA auto threat
A U.S. proposal that half of all parts and vehicles that cross borders under NAFTA be made in America could affect Canadian parts makers to varying degrees.
VW earmarks $11.8 billion to develop, build China EVs
VW plans to spend nearly $12 billion by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with stringent new rules in China.
Race car specialist Dallara's Stradale inspired by Lotus
Italian race car specialist Dallara says its first street legal car, a lightweight roadster called the Stradale, was inspired by affordable sports cars pioneered by Lotus.
FCA to offer split, dual-function tailgate on Ram 1500, spy photos reveal
Spy photographers have caught confirmation that at least some versions of the next-generation Ram 1500 pickup will have a new dual-function tailgate, capable of dropping down...
Ford's smart mobility team 14,000-15,000 strong
The head of Ford's smart mobility team says all the "Lego pieces" are in place to develop money-making initiatives.
U.S. House members oppose Trump administration auto trade rules proposal
A bipartisan group of more than 70 House members urged the Trump administration not to boost current production requirements on vehicle content for autos produced in the...
Ford seeks patent on system for autonomous off-road vehicles
Ford has applied for a patent on an autonomous system for off-road vehicles that would allow the vehicles to traverse dirt, gravel, mud, sand and other tricky terrain.
Cordray to resign from CFPB, may run for Ohio governor
Richard Cordray plans to step down as head of the Consumer Financial Protection Bureau, the controversial consumer watchdog created by President Obama following the 2008-09...
GM aims to sell 1M EVs annually by 2026; next-gen vehicles start in 2021
GM expects its electrified vehicle business to be profitable with the launch of the next-generation EV platform in 2021 and with annual global EV sales of 1 million by 2026,...
Dyson sues ex-CEO for sharing secrets on electric car
Dyson is suing former CEO Max Conze for allegedly revealing confidential information, including details of the British company's plan to expand into the EV market.
Pope gets $200,000 Lamborghini to auction for charity
Pope Francis was given a $200,000 Lamborghini Huracan, which will be auctioned to raise money for charity.
Hyundai plans several new crossovers, including diesel
Hyundai said its plan for an expanded crossover lineup for the U.S. will include a battery-electric vehicle, a fuel cell offering, a diesel utility and an A-segment vehicle.