Tesla hires Snapchat exec to head engineering

Stuart Bowers has a passion for robotics and will be working on Tesla's semi-autonomous driving program, Autopilot.

Germany's Grammer buying Toledo Molding & Die in $271 million deal

German auto supplier Grammer AG is more than doubling its presence in North America with the $271 million acquisition of Toledo Molding & Die Inc.

UPDATED: 5/22/18 3:59 pm ET - adds statement
Bracken retiring from Lexus, to be succeeded by deputy David Christ

David Christ, who switched from the Toyota Division to Lexus at the start of this year, will succeed his boss, Jeff Bracken, who is retiring as head of Lexus' United States operations after 40 years with Toyota.


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