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.
Commerce secretary faces heat from GOP senators over auto, steel tariffs
U.S. senators criticized Commerce Secretary Wilbur Ross for investigating possible trade action on auto imports along with the Trump administration's metals tariffs.
Study questions massive investments in AVs
Billions of dollars will be lost by many automakers that continue to invest in autonomous and electric vehicles while consumer buy-in remains low, a study from consulting firm AlixPartners says.
Tesla's alleged saboteur sued by carmaker over data theft
Tesla sued a former employee for hacking its confidential and trade secret information, transferring several gigabytes to outsiders along with illicit photos of the production line.
Volvo's S60 signals 'dynamic' powertrain changes
The redesigned Volvo S60 compact sport sedan will be Volvo's first U.S.-manufactured vehicle and its first new-generation model to be sold without a diesel variant.
GM steps up 3D printing efforts to find new plant efficiencies
General Motors is increasing the use of 3D printing at its plants to streamline operations, which has the potential to save millions of dollars in annual production costs.
Toyota captures data gold mine in $1 billion Grab bet
By pumping $1 billion into ride-hailing company Grab, Toyota stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia.
Audi's detained CEO, Stadler, questioned by prosecutors, report says
Munich prosecutors questioned Audi's arrested CEO, Rupert Stadler, about the automaker's diesel-cheating scandal on Wednesday, Reuters reported.
Porsche buys stake in Croatian electric supercar startup
Porsche has bought a 10 percent stake in Rimac Automobili, a Croatian startup that specializes in superfast electric supercars.
Audi, Hyundai to cooperate on fuel cell vehicles
Audi and Hyundai said they will cooperate on developing fuel cell vehicles. The agreement will give Audi and other brands in the Volkswagen Group access to parts that are based on Hyundai's development of the ix35 Fuel Cell and its successor, the Nexo.
Continental board plans powertrain IPO, report says
Continental's supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the supplier's biggest overhaul in decades is taking shape, according to people familiar with the matter.
Volvo extends global footprint with U.S. factory opening
Volvo is expanding its global manufacturing footprint with the inauguration of its first U.S. assembly plant, where it is investing about $1.1 billion to launch output this autumn of the redesigned S60 sedan for domestic and global markets.
Market Scan powers fintech revolution
Market Scan's database powers many of the companies that are enabling online transactions, whether on dealership sites or independent apps.
Fintech startups can find success by mixing skill sets
For a fintech startup breaking into automotive retail, should the top leadership have dealership experience, finance expertise or software skills?
Hackett sought to 'push the edges' of automaker's office design
Ford CEO Jim Hackett stopped a planned 10-year Dearborn campus renovation to give it a 'much healthier' design. The project eventually included the establishment of an autonomous vehicle development campus in Detroit, anchored by a long-blighted train station.
Colorado moves to adopt Calif. emissions standards
Colorado plans to join 12 other states and the District of Columbia in adopting California's low vehicle-emission standards, escalating the political and economic stakes for the auto industry.
'We're making a big bet on our future,' Ford says of train station, Corktown investment
Ford leaders portrayed the automaker's planned rehabilitation of Michigan Central Station as a pioneering facility akin to the Highland Park and Rouge plants Henry Ford built that revolutionized automobile production and American industry.
Trump says 'getting there' in NAFTA talks with Canada, Mexico
President Trump said progress was being made in talks to update the NAFTA trade accord between the United States, Canada and Mexico, but he held out the prospect of striking bilateral pacts.
VW, Ford eye alliance to develop 'potential products across a number of areas'
Volkswagen and Ford are exploring an alliance to develop and produce commercial vehicles, including vans, and possibly other projects that could strengthen the companies' competitiveness.
Young at heart? Mercedes cultivates its aging work force
Too slow, inflexible, forgetful, always off sick -- those are some attitudes about older workers that Mercedes-Benz is trying to dispel.
Audi suspends Stadler, installs Schot as interim CEO
Audi suspended CEO Rupert Stadler and appointed Bram Schot as an interim replacement effective immediately, a day after Stadler's arrest in connection with a diesel emissions probe in Germany.