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Tesla, Panasonic to collaborate on solar cells production

A man looks around Tesla Motors’ Model S P85 at its showroom in Beijing January 29, 2014. REUTERS/Kim Kyung-Hoon/File Photo Elon Musk’s Tesla Motors said it would collaborate with Japan’s Panasonic Corp to manufacture solar cells and modules in New York. More »

China sales accelerate for global automakers in September

Chinese cars wait for export at a port in Dalian, Liaoning province October 15, 2012. REUTERS/China Daily/File Photo Honda (7267.T) and Nissan (7201.T) reported on Tuesday their strongest monthly vehicles sales growth for China this year in September, thanks t... More »

Deutsche Bank races against time to reach U.S. settlement

The Deutsche Bank headquarters are seen in Frankfurt, Germany October 28, 2015. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank (DBKGn.DE) is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities dema... More »

With U.S. drone rules set, firms race for flight data

A drone, made by CyPhy Works, carries a UPS package on Children’s Island off the coast of Beverly, Massachusetts during UPS’s demonstration of a drone making a commercial delivery of a package to a remote or difficult-to-access location. REUTERS/Brian Snyder U... More »

GM and Canada union far apart on product as strike looms

Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. REUTERS/Mark Blinch/File Photo Canada’s autoworkers’ union Unifor and General Motors Co (GM.N) made little progress resolving the key issue of new investment in contr... More »

Obama enlists Republican Kasich to push for TPP trade deal

Ohio Governor John Kasich speaks as he withdraws as a U.S. Republican presidential candidate in Columbus, Ohio, U.S., May 4, 2016. REUTERS/Aaron Josefczyk Ohio’s Republican governor, John Kasich, took over the White House briefing lectern on Friday to praise t... More »

VW`s Audi steps up collaboration with Chinese tech groups

The logo of Audi is pictured at the Auto China 2016 auto show in Beijing, April 25, 2016. REUTERS/Kim Kyung-Hoon Volkswagen’s (VOWG_p.DE) luxury car unit Audi has agreed to deepen collaboration with Chinese internet technology groups to offer more digital serv... More »

Daimler plans at least six electric car models: source

The Mercedes B-Class Electric Drive is presented during the media day at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2015. REUTERS/Kai Pfaffenbach/File Photo German carmaker Daimler (DAIGn.DE) plans to roll out at least six, and possibly... More »

Union votes for strike mandate in Canadian auto talks

General Motors auto workers prepare rows of the new Chevrolet Camaro for delivery, at the company’s Oshawa Ontario facility April 8, 2009. REUTERS/Fred Thornhill/File Photo The union representing most Canadian autoworkers has voted for a strike mandate, it sai... More »

Hollywood stars pose for 2017 Pirelli Calendar

Penelope Cruz poses for a picture before the Spanish Film Academy’s Goya Awards ceremony in Madrid, Spain, February 6, 2016. REUTERS/Susana Vera Nicole Kidman, Penelope Cruz and Lupita Nyong’o have posed for the 2017 Pirelli Calendar, which features a host of ... More »

California lawmaker to float zero emissions vehicle bill

By Rory Carroll | SAN FRANCISCO SAN FRANCISCO A California lawmaker next week will introduce a bill requiring 15 percent of all vehicles sold in the state to be emissions-free by 2025, her spokeswoman said on Friday. Assemblywoman Autumn Burke says the legisla... More »

VW’s Audi posts 2.3 percent rise in July sales

BERLIN Audi (VOWG_p.DE) sold 2.3 percent more cars in July on growing demand for the redesigned top-selling A4 saloon, though kept trailing behind German luxury rivals BMW (BMWG.DE) and Mercedes-Benz (DAIGn.DE). Audi’s global sales increased to 149,400 cars an... More »

BMW revamps R&D for new era of self-driving cars

MUNICH BMW is overhauling its research and development activities to focus on self-driving cars, board member Klaus Froehlich told Reuters, a move which includes a revamp of its “i” sub-brand of carbon-fibre based electric vehicles. The company is updating its... More »

Hyundai raids Bentley to turbo-charge Genesis luxury drive

BEIJING After poaching Bentley’s design chief last year, Hyundai Motor Co (005380.KS) said on Monday that it has also secured the services of the luxury marquee’s exterior designer. Hyundai issued a statement saying Sangyup Lee will start work next month as it... More »

BMW expects China sales to rise by single digit percentage

BEIJING BMW (BMWG.DE) expects its car sales in China to rise by a mid-single-digit percentage this year, in line with the overall growth of the world’s biggest passenger car market, board member Ian Robertson said on Monday. Last year, BMW sold 460,000 cars in... More »

Look Mao, no hands! China’s roadmap to self-driving cars

BEIJING In the race to develop self-driving cars, the United States and Europe lead in technology, but China is coming up fast in the outside lane with a regulatory structure that could put it ahead in the popular adoption of autonomous cars on its highways an... More »

Tesla says Model 3 orders top $10 billion in first 36 hours

DETROIT Tesla Motors Inc said orders for its new Model 3 electric sedan topped 253,000 in the first 36 hours — a fast start for the company’s first mass-market vehicle, which may not begin to reach customers for another 18 months or more. Tesla Chief Executive... More »

No Cadillacs for old men in China

BEIJING Cadillac, a favorite among America’s older ‘supper club set’, is revving up sales to younger luxury buyers in China through smoother designs and localized production to keep prices accessible. The General Motors (GM.N) brand is softening some hard edge... More »

China’s electric cars sales to double in 2016: minister

BEIJING China’s production and sale of electric cars will more than double this year, the industry minister said on Sunday. More than 300,000 electric cars were sold in China last year, Miao Wei, the head of the Ministry of Industry and Information Technology ... More »

Trump’s outrage finds ready audience in struggling South

LUCEDALE, Miss Mississippi’s vast flatlands, laced with the remains of a fading industrial base, are fertile ground for the incendiary populism of Donald Trump. For the insurgent presidential candidate, there’s plenty of voter outrage to tap into here and in a... More »

Vivendi says buys stake in TV production company Banijay

PARIS French media group Vivendi said on Tuesday it had bought a 26.2 percent stake in TV production and distribution company Banijay for 290 million euros in cash ($319.15 million). It said Banijay Group has 900 million euros ($990.45 million) in revenues and... More »

Volkswagen says is open to listing trucks business

FRANKFURT Volkswagen AG’s (VOWG_p.DE) trucks business may pursue acquisitions or even a public listing, the company said on Monday, only days after the parent company was forced to delay publishing earnings in the wake of a diesel emissions scandal. “We’re kee... More »

German carmakers see steady U.S. sales in 2016: VDA

DETROIT Sales of German carmakers including Volkswagen <‎VOWG_p.DE>, Daimler and BMW in the United States may hold steady this year, the VDA auto industry association said on Monday. U.S. deliveries of German manufacturers may come in at about 1.4 million cars... More »

Israel brings tech expertise to protecting connected cars

TEL AVIV Building on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle. Most cars today are equipped with some level of connectivity and self-dr... More »

A rebranded Saab at the center of China’s green car push

BEIJING The Swedish automaker once known as Saab has emerged as part of China’s push to make electric vehicles a mass-market alternative to petrol cars, after getting a $12 billion order for EVs. Chinese-owned National Electric Vehicle Sweden (NEVS) – the comp... More »

Reid saw chance to tick off wish list in budget oil deal

WASHINGTON Locked in budget talks in the twilight of his Senate career, Harry Reid saw an unexpected opening to bargain for his legislative wish list. It had become apparent to Senate Democratic Majority Leader Reid that lifting the longstanding ban on U.S. oi... More »

SpaceX delays launch and landing test of Falcon 9 rocket

CAPE CANAVERAL, Fla., Elon Musk’s SpaceX on Sunday postponed launch of an upgraded Falcon 9 rocket and an attempt to land the booster at the launch site, saying the tricky touchdown would have a better chance of success if delayed for 24 hours. A smooth landin... More »

Red Bull and Infiniti end F1 partnership

LONDON Former world champions Red Bull and Nissan’s Infiniti premium car brand will end their Formula One partnership at the end of this year, the team said in a statement on Sunday. Infiniti, part of the Renault-Nissan alliance, have been with Red Bull since ... More »

Volkswagen denies Qatar talks sought to curb labor role

BERLIN Volkswagen has denied a report saying its chief executive and chairman were urged on Sunday by its third-largest shareholder to reduce the influence of VW’s powerful unions as it battles to overcome its emissions scandal. CEO Matthias Mueller and Chairm... More »

Green car technologies collide in Los Angeles

LOS ANGELES Asian automakers are opening up a new front in the contest to define the future of cars in California, fielding a flock of cars powered by hydrogen in a bid to woo green car buyers from Tesla Motors Inc, the battery electric vehicle leader. Toyota,... More »

U.S. union, GM reach tentative agreement on labor contract

DETROIT Negotiators for the United Auto Workers and General Motors Co reached a tentative agreement on undisclosed terms for a new four-year labor contract, averting a threatened strike, the union said late on Sunday night. The proposed deal will now go to a c... More »

Ford to invest $1.8 billion to expand R&D in China

SHANGHAI Ford Motor Co (F.N) said on Monday it will invest 11.4 billion yuan ($1.8 billion) over the next five years to expand research and development in China, the latest effort by the U.S. carmaker to secure a larger slice of the world’s biggest auto market... More »

SpaceX raps ULA bid to get U.S. waiver for Russian engines

WASHINGTON Space Exploration Technologies, or SpaceX, has slammed a bid by United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, to get a waiver from a U.S. ban on Russian rocket engines for military use. Elon Musk, the billionaire fou... More »

India’s Modi emotional at Facebook as recalls childhood

MENLO PARK, California Indian Prime Minister Narendra Modi received a warm welcome at Facebook headquarters on Sunday for a town hall hosted by CEO Mark Zuckerberg that focused as much on the two men’s backgrounds as the business potential of the world’s secon... More »