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SF Motors prepares to pounce on U.S. EV market

Chinese startup SF Motors says it's learned a lesson from watching the flashy, short life cycles of competitors.

BMW is selling its stake in SGL carbon fiber joint venture

BMW is selling its 49 percent stake in its joint venture with carbon fiber specialist SGL. BMW is limiting its use of the material and turning to cheaper alternatives such as aluminum.


EU fines 5 airbag, seat belt suppliers over cartel

EU antitrust regulators fined five suppliers a combined $40 million for taking part in cartels to fix prices for seat belts, airbags and steering wheels sold to Japanese automakers.

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