Top fund investors pumped brakes on fast-rising Tesla stock

Top Tesla investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock.


BMW remaps the roadster with Concept Z4

BMW is returning to the roadster market and previews the styling with the Concept Z4 -- the automaker's vision of a modern, small and sporty car. The next Z4, due in 2019, features a new lightweight platform and is expected to grow in size.

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Robots won't be taking over the road anytime soon, Ford CEO says

Ford's newly minted CEO doesn't foresee a robot takeover when it comes to the advent of autonomous vehicles. Jim Hackett says technology will gradually augment current challenges, easing pain points such as limited parking and vehicle access that commuters deal with daily.

Barra's role on Trump forum ends as group disbands

A group of business leaders and President Trump announced the disbandment of the president's Strategic and Policy Forum, which originally included GM CEO Mary Barra and more than a dozen other CEOs from several industries.

U.S. takes hard line as NAFTA talks kick off

The federal government isn't interested in incremental changes to the North American Free Trade Agreement and instead will pursue a major overhaul of the treaty that includes tighter rules of origin,

UPDATED: 8/1617 9:31 am ET -- adds details, background
Geely says it has no plan to buy FCA

Chinese carmaker Geely Automobile Holdings denied that it planned to make a takeover bid for Fiat Chrysler, following an Automotive News report this week that it was a potential suitor for the Italian company.

Fiat Chrysler joins BMW, Intel self-driving alliance

Fiat Chrysler is joining the self-driving alliance led by BMW, Intel and Mobileye, becoming the second automaker in the year-old group to opt to partner in developing an autonomous driving platform. The alliance plans to put both Level 3 and Level 4/5 automated driving technology into production by 2021.

NAFTA negotiators aim for 'ambitious' start to talks

Negotiators from Canada, Mexico and the United States are aiming for an "ambitious" first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to fast-track a deal to modernize the 23-year-old pact by early next year.

Center for Auto Safety names Ditlow's successor

The Center for Auto Safety has appointed an official with a track record in federal government consumer protection agencies as its new executive director, the advocacy group said Tuesday

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