FCA to drop shift at Ontario minivan plant

Reflecting lower showroom traffic because of the Lunar New Year holiday and the emergence of the coronavirus, auto sales in China fell 19 percent in January, more than expected and marking the industry's 19th consecutive monthly decline, the country's biggest auto industry association reported.

Ford, which acquired Spin in 2018 for an undisclosed sum, wants to help the scooter company engage with city governments and understand the environment in markets it wants to enter.

CATL, China's top electric-vehicle battery maker, is seeking to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund expanded battery output in Fujian, Jiangsu and Sichuan, undertake an energy storage research project, and increase working capital.

The automaker predicted a decline in first-half revenue and said the market launch of its crucial DBX SUV was subject to any impact on the supply chain from the coronavirus outbreak.

The California permit will allow Cruise to test under specific guidelines. The AV will be able to carry passengers as long as a safety driver is present.

Excluding one-time items such as a $461 million strategic review charge, Cars.com said its adjusted net income for 2019 tumbled 23 percent to $104.2 million

The automotive trade fair is slated to begin next week and organizers have asked exhibitors from coronavirus-infected areas to check staff for symptoms before arriving in Switzerland.

The letter of intent from Ohio's FirstEnergy is not the first Lordstown Motors has received, but it is the first the company has disclosed publicly, a spokesman said.

Subaru Corp.'s latest investment, which is expected to generate 350 new jobs, will mark the first time the automaker will assemble transmissions at the factory.

The calls for additional safeguards and federal oversight for advanced driver-assistance systems followed a public hearing held by the National Transportation Safety Board to determine the probable cause of the fatal crash of a Tesla Model X in California.