Automakers call for tariff-free trade between UK and EU after Brexit winFri, 24, Jun 2016
Automakers called for tariff-free trade to be maintained between Britain and the EU after the U.K. voted for a Brexit, amid warnings that sales and production will be hit in Europe's second-biggest auto market after Germany.
Jaguar Land Rover said to face $1.47 billion Brexit hitTue, 21, Jun 2016
Jaguar Land Rover estimates its annual profit could be cut by $1.47 billion if the UK leaves the EU, Reuters reported. The automaker has also looked into opening a continental European office if Britain quits the trading bloc and has delayed starting major work on a plant in Slovakia, sources said.
Toyota says Brexit may lead to 10% duties on U.K.-built carsMon, 20, Jun 2016
Toyota warned that a withdrawal by the UK from the EU may lead to levies of as much as 10 percent on the cars it builds in Britain. Jaguar Land Rover CEO Ralf Speth also warned about a so-called Brexit, saying leaving the EU would be "highly damaging."
Dealer lobby to study Caddy's planMon, 20, Jun 2016
Dealer attorneys say the outline presented to retailers so far indicates that Cadillac's dealer-incentive plan may test the bounds of state franchise laws meant to protect dealers from unequal treatment by the factory.
Marchionne says Trump win could impact North America productionFri, 17, Jun 2016
Fiat Chrysler CEO Sergio Marchionne says if Donald Trump is elected U.S. president, the way he manages the North American Free Trade Agreement may affect the carmaker's production options in the region.
Michigan governor vetoes aftermarket parts billThu, 16, Jun 2016
Michigan Gov. Rick Snyder vetoed a bill Thursday that would limit access to aftermarket-repair parts, saying the law would increase costs to consumers and hurt the state's aftermarket industry.
Fiat Chrysler to receive $62 million from Ontario for upgrades, report saysTue, 14, Jun 2016
Ontario plans to contribute about C$80 million ($62 million) to Fiat Chrysler to cover some of the costs of upgrading its assembly plant in Windsor, the Globe and Mail reported.
GM criticized by Trump for Mexico investmentsTue, 07, Jun 2016
U.S. Republican presidential candidate Donald Trump rebuked General Motors on Tuesday, widening his criticism of American companies that have invested in Mexico. Or did he?