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Toyota, pressed to innovate, cuts marketing outlays to fuel r&d

Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, Reuters reported, citing people familiar with the matter.


Daimler cuts 2018 profit outlook as tariffs strike U.S.-made SUVs

Daimler said profit would fall in 2018 as new import tariffs on light vehicles exported from the United States to China would hurt sales of high-margin Mercedes-Benz SUVs.

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UPDATED: 6/19/18 4:07 pm ET - adds stock close
Musk says Tesla hit with 'extensive' sabotage by employee

A disgruntled Tesla employee broke into the company's manufacturing operating system and sent highly sensitive data to unknown third parties, according to an email Elon Musk sent to staff.

Automakers push 9 states to follow Calif. commitment to ZEVs

The Alliance of Automobile Manufacturers has written nine governors whose states follow California's ZEV program asking for tangible steps to help increase sales, including more investments in EV charging infrastructure, expanded consumer incentives such as tax credits, and a commitment to buy more ZEVs for state and local government vehicle fleets.


COMMENTARY: Morry Markowitz
Fuel-cell revolution is already happening

Fuel cells are powering our commercial transportation space today in a range of applications, and all these burgeoning vehicle markets are leading to growth in the hydrogen infrastructure needed to support them.


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