Automakers will continue Mexico investments despite Trump threats, study says
Tesla to build motors, gearboxes in Gigafactory
Apple sued for not preventing texting and driving
GM settles ignition-switch disclosure case with SEC
General Motors today said it will pay a $1 million fine to settle an investigation by the U.S. Securities and Exchange Commission related to its 2014 ignition-switch recalls. The agreement does not require GM to admit any wrongdoing, nor does it call into question any of GM’s financial statements or disclosures, the company said.
GM's $1 billion investment plan to take toll on American Axle
General Motors' plan to invest $1 billion into U.S. factories and add thousands of jobs comes at the expense of one Detroit supplier. American Axle & Manufacturing is losing part of its business to supply GM's next-generation full-size pickup trucks and SUVs.
Ross tells Canada that U.S. will open NAFTA negotiations, report says
Canadian officials say Wilbur Ross, the nominee for US commerce secretary, has indicated that a formal-notification letter to open negotiations on NAFTA will be sent to Canada and Mexico within days of the inauguration of President-elect Donald Trump, according to the Globe and Mail newspaper.
5 automakers form hydrogen alliance with energy, transport giants
Toyota, BMW, Daimler, Honda and Hyundai are joining oil and gas giants including Royal Dutch Shell and Total with plans to invest a combined $10.7 billion in hydrogen-related products within five years.
VW delays bid to boost Audi's China sales with SAIC deal
VW Group says it will not produce or sell any Audi cars with SAIC in China until at least 2018, seeking first to strengthen ties with existing Audi partner FAW. A partnership with SAIC, China's largest automaker, could boost Audi's slowing sales as rival Mercedes makes ground in the market.
VW ordered to buy back emissions-cheating Skoda by German court
Withdrawal from NAFTA would cost U.S. jobs, CAR study finds
Italy rejects Germany's emissions allegations against Fiat Chrysler
Tests conducted on Fiat Chrysler vehicles show they are compliant with regulations and contain no emissions defeat devices as alleged by Germany, Italy's transport ministry said. Germany last year claimed certain FCA diesel models contained hidden software that allowed excessive engine emissions.