EU to fine seat belt, airbag cartel, report says
The EU is set to fine a group of car seat belt and airbag makers in the coming weeks, Reuters reported, in the latest regulatory crackdown on price fixing in the sector.
Daimler launches Tel Aviv hub for auto technology
Daimler has opened a research and development center in Tel Aviv, one of a growing number of multinational firms seeking to tap into Israel's auto technology expertise as the industry moves towards self-driving cars.
Linamar exposed, Magna not so much, to U.S. NAFTA auto threat
A U.S. proposal that half of all parts and vehicles that cross borders under NAFTA be made in America could affect Canadian parts makers to varying degrees.
VW earmarks $11.8 billion to develop, build China EVs
VW plans to spend nearly $12 billion by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with stringent new rules in China.
GM aims to sell 1M EVs annually by 2026; next-gen vehicles start in 2021
GM expects its electrified vehicle business to be profitable with the launch of the next-generation EV platform in 2021 and with annual global EV sales of 1 million by 2026, CEO Mary Barra says.
BMW dumps coal for cow pies in pledge for 100% renewable power
BMW's plan to switch exclusively to green electricity finds it tapping some unusual power sources -- including a South African biomass plant that runs on cow dung and chicken droppings.
Tesla Model 3 depositors staying put as wait in line lengthens
Even as Tesla struggles with manufacturing bottlenecks for its new Model 3 and pushes back production targets by at least a quarter, many reservation holders aren't budging.
Visteon invests $5 million into American Center for Mobility
Visteon is sponsoring the American Center for Mobility in Michigan at a founder level with a $5 million investment, becoming the first tier-one supplier to do so.
In-demand tech puts suppliers on guard
That trust that automakers have worked so hard to rekindle among their parts suppliers? It's slipping away again.
Nissan softens its targets through '22
Nissan CEO Hiroto Saikawa is steering away from the aggressive numerical goals of his predecessor, Carlos Ghosn, and toward more fuzzy ones. In the key U.S. market, the softening of hard targets could spell some relief for dealers.
Private sector plays for overtime on NAFTA
Amid rising fears that President Donald Trump may fulfill his campaign threat to scrap the North American Free Trade Agreement, the business community is looking to stretch out the renegotiation process.
The auto interior's endangered-species list
Automakers have to walk a fine line between updating their interiors and keeping customers happy.
Range Rover Velar gets a new handle on luxury
The electronic door handles on the just-launched Range Rover Velar are more expensive and complex than regular mechanical door handles.
World Congress panel to discuss NAFTA's future
The future of the North American Free Trade Agreement will be the topic of a roundtable discussion of industry leaders at the Automotive News World Congress in January.
Sliding wholesale hurts at Subaru
Subaru is on pace for a ninth-straight year of record retail sales in the U.S., but sliding wholesale volume is denting the Japanese company's profitability.
Poland plant marks premium move for IAC
IAC Group's new plant in Poland is a strategy play to be at the doorstep of global luxury automakers as the industry shifts to higher-grade interiors.
Continental may invest in solid-state batteries
Continental is considering investing in battery production to compete with Asian and U.S. manufacturers.