BMW gets right for potential stake in Chinese battery giant

BMW is the first overseas automaker to get a potential toehold in Chinese electric-car battery maker Contemporary Amperex Technology, with rights to invest as much as $427 million.


Tesla eyes China as U.S. output struggles

Tesla took a big step toward expanding its manufacturing footprint overseas, signing a preliminary agreement to build a plant in China, but it also gave more indications that demand for its most affordable electric vehicle has faded considerably amid its struggles to produce in high volumes.

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MORE MANUFACTURING NEWS OEM/SUPPLIERS EXECUTIVES
BMW, Mercedes boxed in by tariff battles

Mercedes-Benz and BMW stand to lose most from tit-for-tat import tariffs imposed first by the U.S. on China and then reciprocated. Unfortunately for both, there isn't much they can do to shield themselves from the fallout.

Tesla eyes China as U.S. output struggles

Tesla took a big step toward expanding its manufacturing footprint overseas, signing a preliminary agreement to build a plant in China, but it also gave more indications that demand for its most affordable electric vehicle has faded considerably amid its struggles to produce in high volumes.

Magna isn't 'de-merging,' says Walker

Magna International is bucking a trend. It's CEO, Don Walker says the company isn't separating autonomous vehicles from its mainstream operations.

Number to watch: $41 billion

A forecast for two aftermarket trade groups predicts aftermarket parts sales will hit $327 billion in 2021, a $41 billion dollar increase over 2017 levels.


LETTER TO THE EDITOR
Bring back U.S. steel, parts manufacturing

I'm concerned about the messages portrayed in Automotive News of late. Journalism should look at both sides of an issue and present it so the reader may form their own opinion.

UPDATED: 7/16/18 7:38 am ET
CDK to acquire ELEAD1ONE

Dealership software giant CDK Global struck a deal to acquire ELEAD1ONE, a provider of customer relationship management, service and marketing solutions.

Trump puts BMW at center of political battle

How did BMW, whose Spartanburg, S.C., plant has been acclaimed as a symbol of America's resurgence as an auto manufacturer and exporter, become a symbol of the threat to America's manufacturing base instead? BMW is wondering the same thing.

Pininfarina shows some PDA for PF0

Automobili Pininfarina is stoking the fires of its first vehicle, the PF0. The brand revealed new teaser photos of its full-electric hypercar's exterior last week.

Adding scents to prevent carsickness

International Automotive Components Group is researching adding scents that would serve a purpose to the vehicle occupants: preventing motion sickness.

Panasonic plans to halve cobalt in car batteries

Panasonic plans to halve the cobalt content of its mass-produced automotive batteries "in two to three years" as the supplier looks to reduce costs. The mineral has leapt in price in recent years as demand for electric vehicles gains traction.


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