SHANGHAI (Reuters) – Tesla Inc on Tuesday signed agreements with Shanghai authorities that will allow it to open a plant in the Chinese city with an annual capacity of 500,000 cars, local media reported. The U.S. carmaker signed agreements with the Shanghai mu... More »
BEIJING (Reuters) – China is considering a further reduction in electric-vehicle subsidies next year, Bloomberg reported on Friday, citing unnamed sources. Beijing is scaling back subsidies to push automakers to focus more on technological improvements instead... More »
German carmaker Audi is taking a lead in bringing more automated driving to roads, but rivals seem in no rush to follow while legal and regulatory uncertainties still cloud the technology. More »
India's aggressive push to electrify all new vehicles by 2030 is compelling auto part manufacturers and carmakers to draw up early plans for electrification, company executives said. More »
The French investigation into alleged emissions cheating by PSA Group (PEUP.PA) and other automakers found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday. More »
General Motors Co’s (GM.N) vehicle sales in China rose 12 percent in August from a year earlier to 328,425 units, following a 6.3 percent increase in July, the Detroit-based automaker said on Tuesday. More »
Delphi Automotive Plc said on Friday it has partnered with laser-based sensor maker Innoviz Technologies to improve vehicle safety for self-driving cars, after making a minority investment in the Israel-based company. More »
The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute for steel - wood. More »
The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. More »
What's made of sugar, can carry four people and travel at 50 miles (80 km) per hour? A biodegradable car, whose inventors say could be the next step in environmentally friendly motoring. More »
A VW logo is seen in front of the main building of the Volkswagen brand at the Volkswagen headquarters, in Wolfsburg, Germany May 19, 2017. Volkswagen (VOWG_p.DE) is considering options for majority-owned transmissions maker Renk (ZARG.F), as the German carmak... More »
FILE PHOTO – The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the wor... More »
A water tank with the GM logo is seen at the General Motors Assembly Plant in Valencia, April 21, 2017. REUTERS/Marco Bello Canadian auto sales set another record in June, making for a solid performance in the first half of the year as customer demand for ligh... More »
Takata Corp. Chairman and CEO Shigehisa Takada bows as he attends a news conference after its decision to file for bankruptcy protection in Tokyo, Japan, June 26, 2017. REUTERS/Toru Hanai Japan’s Takata Corp (7312.T), the firm at the centre of the auto industr... More »
Japan’s Trade Minister Hiroshige Seko attends the 3rd Inter-sessional Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting in Hanoi, Vietnam May 22, 2017. REUTERS/Kham Japanese Trade Minister Hiroshige Seko said on Monday that Takata Corp’s (... More »
The Waymo logo is displayed during the company’s unveil of a self-driving Chrysler Pacifica minivan during the North American International Auto Show in Detroit, Michigan, U.S., January 8, 2017. REUTERS/Brendan McDermid Alphabet Inc’s self-driving car unit Way... More »
FILE PHOTO: The logo of Takata Corp is seen on its display at a showroom for vehicles in Tokyo, Japan, February 9, 2017. REUTERS/Toru Hanai/File Photo Japan’s Takata Corp (7312.T), the airbag maker at the center of world’s largest automotive recall, has recomm... More »
A Blackberry sign is seen in front of their offices on the day of their annual general meeting for shareholders in Waterloo, Canada in this June 23, 2015 file photo. REUTERS/Mark Blinch/Files BlackBerry Ltd on Monday downplayed news that Toyota Motor Corp woul... More »
FILE PHOTO: The logo of Takata Corp is seen on its display at a showroom for vehicles in Tokyo, Japan, February 9, 2017. REUTERS/Toru Hanai/File Photo A federal judge may tap attorney and longtime compensation adviser Kenneth Feinberg to oversee claims for nea... More »
FILE PHOTO: Jan Woerner the European Space Agency (ESA) Director General speaks at ESA headqauters in Darmstadt, Germany, October 19, 2016 as the Schiaparelli lander touch down on Mars. REUTERS/Uwe Anspach/POOL British companies may need to set up subsidiaries... More »
China’s Foreign Minister Wang Yi (R) meets German Foreign Minister Sigmar Gabriel at the Ministry of Foreign Affairs in Beijing, China May 24, 2017. REUTERS/Jason Lee Germany has made good progress with China on how to introduce quotas aimed at producing more ... More »
The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo Nissan Motor Co (7201.T) has fallen behind its top North American competitors in the health of its working relationships with suppliers while General Motors Co (... More »
Chinese auto sales fell in April by the steepest in almost two years, the automakers’ association said on Thursday, as a tax increase on small-engine cars from the beginning of the year discouraged buyers. More »
FILE PHOTO – A logo of Takata Corp is seen with its display as people are reflected in a window at a showroom for vehicles in Tokyo, November 6, 2015. REUTERS/Toru Hanai/File Photo Ran Kim More »
Takata Corp is in talks with automotive firms including Key Safety Systems (KSS) on its restructuring but has not reached an agreement, the embattled Japanese air bag maker said in a statement on Thursday. More »
A robotic arm changes the tyre of a Tesla car at the world’s biggest industrial fair, ‘Hannover Fair’, in Hanover, Germany April 24, 2017. REUTERS/Fabian Bimmer Luxury electric carmaker Tesla (TSLA.O) offered pay rises and job guarantees to defuse labor tensio... More »
People gather at the booth of Chinese electric vehicle start-up Nio as it unveils its ES8 SUV at the Shanghai autoshow, in Shanghai, China April 19, 2017. REUTERS/Aly Song Of dozens of startup electric car makers in China, only two or three will be around in f... More »
The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo General Motors (GM.N) said on Wednesday that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia and vowed to “take all legal... More »
The 2018 Hyundai Sonata is unveiled at the 2017 New York International Auto Show in New York City, U.S. April 12, 2017. REUTERS/Brendan Mcdermid Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) expect it will be difficult to sell 1 million vehicles... More »
People walk past a planned store of Tesla in Hanam, South Korea, December 22, 2016. REUTERS/Kim Hong-Ji Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly rec... More »
FILE PHOTO: A Volkswagen logo is pictured at Volkswagen’s headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo German prosecutors expect the first rulings this year in legal cases resulting from the Volkswagen (VOWG_p.DE) em... More »
A Caterpillar corporate logo is pictured on a building in Peoria, Illinois, U.S. March 19, 2017. REUTERS/Carlo Allegri Caterpillar Inc (CAT.N) said on Friday it will shut its Aurora, Illinois, plant, costing about 800 employees their jobs as the world’s larges... More »
File photo: David Einhorn, founder and president of Greenlight Capital, speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Bayliss More »
The logo of Toyota is pictured at the 38th Bangkok International Motor Show in Bangkok, Thailand March 28, 2017. REUTERS/Athit Perawongmetha Toyota Motor Corp (7203.T) on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Eur... More »
FILE PHOTO – An American flag flies next to a Volkswagen car dealership in San Diego, California, U.S. on September 23, 2015. REUTERS/Mike Blake/File Photo Volkswagen AG (VOWG_p.DE) said the U.S. Environmental Protection Agency has approved its request to sell... More »
A Mercedes-Benz Concept EQ car is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann Chinese automaker Chery Automobile Co Ltd [CHERY.UL] has filed a complaint with the country’s trademark regul... More »
A smog testing station for vehicles to stay in compliance with California air quality laws is shown in Oceanside, California, U.S., March 22, 2017. REUTERS/Mike Blake When U.S. President Donald Trump announced a review last week of tough Obama-era vehicle emis... More »
FILE PHOTO: Employees work along a Geely Automobile Corporation assembly line in Cixi, Zhejiang province June 21, 2012. REUTERS/Carlos Barria/File Photo China’s Geely Automobile Holdings Ltd (0175.HK) posted its biggest profit growth in eight years on Wednesda... More »
CEO of Unified Inbox Toby Ruckert demonstrates how he uses his smartphone to control electrical appliances in a simulation software in Singapore March 3, 2017. REUTERS/Edgar Su In today’s so-called smart home, you can dim the lights, order more toothpaste or t... More »
FILE PHOTO: A Volkswagen logo is pictured at Volkswagen’s headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo German carmaker Volkswagen (VOWG_p.DE) said on Friday it had signed a memorandum of understanding to explore a pa... More »
FILE PHOTO: People are silhouetted as they pose with laptops in front of a screen projected with binary code and a Central Inteligence Agency (CIA) emblem, in this picture illustration taken in Zenica, Bosnia and Herzegovina October 29, 2014. REUTERS/Dado Ruvi... More »
Harald Krueger, Chief Executive of German luxury carmaker BMW, gives a speech during the Handelsblatt Automotive Summit 2016 in Munich, southern Germany, November 9, 2016. REUTERS/Michael Dalder BMW (BMWG.DE) CEO Harald Krueger said the big investments needed ... More »
FILE PHOTO: A combination picture shows the logos of Opel and Peugeot car manufacturers at dealerships of the brands in Strasbourg, France, February 14, 2017. REUTERS/Vincent Kessler/File Photo PSA Group (PEUP.PA) has agreed to buy European rival Opel from Gen... More »
A driver displays Uber and Lyft ride sharing signs in his car windscreen in Santa Monica, California, U.S., May 23, 2016. REUTERS/Lucy Nicholson/Files (This March 1 story has been refiled to correct paragraph four to say Qatalyst Partners was retained to assis... More »
FILE PHOTO: Traffic backs-up going south into Mexico in the border town of San Ysidro, California. September 3, 2015. REUTERS/Mike Blake Investors are starting to focus on lead due to the large amounts of the metal in batteries used in increasingly popular sto... More »
The new Samsung Galaxy Book is displayed during its presentation at Mobile World Congress in Barcelona, Spain February 26, 2017. REUTERS/Albert Gea Samsung Electronics launched two new tablets on Sunday, marking its first major announcement since being forced ... More »
A wheel of a prototype of the Tesla Model 3 on display in front of the factory during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker in Sparks, Nevada, U.S. July 26, 2016. REUTERS/James Glover II/File Photo Tesla ... More »
Employees work on a turbine at the General Electric plant in Belfort, France, February 22, 2017. REUTERS/Vincent Kessler President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from... More »
FILE PHOTO – Choi Gee-sung, chief executive of South Korea’s Samsung Electronics, speaks during an annual shareholders’ meeting at the company headquarters in Seoul March 18, 2011. REUTERS/Truth Leem/File Photo The arrest of Samsung Group scion Jay Y. Lee on b... More »
Lee Jae-yong (C), vice chairman of Samsung Electronics, arrives to be questioned as a suspect in a corruption scandal that led to the impeachment of President Park Geun-Hye, at the office of the independent counsel in Seoul. REUTERS/Jung Yeon-Je/Pool min Park More »
Daimler AG sign is pictured at the IAA truck show in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photo Daimler (DAIGn.DE) said on Tuesday it was investing a double-digit million euro amount into AutoGravity, a smartphone-based vehicle leas... More »
Ford Taurus cars are seen during a presentation at the 16th Shanghai International Automobile Industry Exhibition in Shanghai, April 21, 2015. REUTERS/Aly Song/File Photo China vehicle sales in January fell by the largest margin since 2015 for several global a... More »
FILE PHOTO – A logo of Takata Corp is seen with its display as people are reflected in a window at a showroom for vehicles in Tokyo, November 6, 2015. REUTERS/Toru Hanai/File Photo Japan’s Takata Corp (7312.T) said on Thursday it will set aside 96.93 billion y... More »
A new Fiat Chrysler Automobiles sign is pictured after being unveiled at Chrysler Group World Headquarters in Auburn Hills, Michigan May 6, 2014. REUTERS/Rebecca Cook Fiat Chrysler reiterated its diesel vehicles were fully compliant with applicable emissions r... More »
A woman walks past a logo of Fiat Chrysler Automobiles (FCA) in Turin March 31, 2014. REUTERS/Giorgio Perottino Shares in Fiat Chrysler (FCHA.MI) were volatile in early trade on Tuesday after French investigators referred the carmaker for possible prosecution ... More »
Honda Chief Executive Officer Takahiro Hachigo (R) and his Hitachi Automotive counterpart Hideaki Seki shake hands at a photo session after their news conference in Tokyo, Japan, February 7, 2017. REUTERS/Kim Kyung-Hoon Honda Motor Co Ltd and Hitachi Ltd’s aut... More »
Toyota Motor Corp President Akio Toyoda (L) and Suzuki Motor Chairman and CEO Osamu Suzuki attend their joint news conference in Tokyo, Japan, October 12, 2016. REUTERS/Toru Hanai/File Photo Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) said on Mon... More »
The logo of Dow Jones Industrial Average stock market index listed company Cisco is seen in San Diego, California April 25, 2016. REUTERS/Mike Blake/File Photo Cisco Systems Inc (CSCO.O), Bosch Ltd (BOSH.NS) and several other companies, have set up a consortiu... More »
FILE PHOTO — A 2018 Chevrolet Bolt EV is displayed during the North American International Auto Show in Detroit, Michigan, U.S., January 9, 2017. REUTERS/Rebecca Cook/File Photo Electric cars will pick up critical momentum in 2017, many in the auto industry be... More »
A sign of Tencent is seen during the third annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China November 16, 2016. REUTERS/Aly Song Two Chinese companies and Singapore’s sovereign wealth fund GIC have agreed to buy a 10 percent ... More »
A Blackberry logo hangs behind a Canadian flag at their offices on the day of their annual general meeting for shareholders in Waterloo, Canada June 23, 2015. REUTERS/Mark Blinch/File Photo Canada’s BlackBerry Ltd (BB.TO) will open an autonomous driving resear... More »
People pass a television installation at the Panasonic pavilion before the start of the IFA consumer electronics fair in Berlin, August 29, 2012. REUTERS/Tobias Schwarz/File Photo Japan’s Panasonic Corp (6752.T) is in talks to buy European automotive light mak... More »
The logo of Audi is seen during the opening of a new plant in San Jose Chiapa, in Puebla state, Mexico, September 30, 2016. REUTERS/Imelda Medina Volkswagen’s (VOWG_p.DE) Audi AG said on Monday that it was in talks with China’s SAIC Motor Corp Ltd for a long-t... More »
The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, July 4, 2016. Picture taken on July 4, 2016. REUTERS/Kim Hong-Ji/File Photo Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, mar... More »
A recalled Takata airbag inflator removed it from a Honda Pilot is shown at the AutoNation Honda dealership service department in Miami, Florida, United States on June 25, 2015. REUTERS/Joe Skipper/File Photo Automakers have “ultimate responsibility” for the c... More »
Fiat Chrysler assembly workers work on a partially assembled minivan at the Windsor Assembly Plant in Windsor, Ontario, February 9, 2015. REUTERS/Rebecca Cook Canadian manufacturing workers at Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) voted on Sunday to app... More »
The logo of semiconductor manufacturer Infineon is seen at its Austrian headquarters in Villach, Austria, August 1, 2016. REUTERS/Heinz-Peter Bader Infineon Technologies AG (IFXGn.DE) has acquired Dutch electronics company Innoluce BV, a designer of miniature ... More »
The logo of Takata Corp is seen on its display at a showroom for vehicles in Tokyo, Japan, May 11, 2016. REUTERS/Toru Hanai The plan to sell beleaguered Takata Corp (7312.T) to a rescuer, slated by year-end, is likely to extend into next year as some bidders w... More »
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 »
New autopilot features are demonstrated in a Tesla Model S during a Tesla event in Palo Alto, California. REUTERS/Beck Diefenbach Mobileye NV said in a U.S. securities filing on Friday that its top executives were assured by Tesla Motors Inc Chief Executive El... More »
The Mercedes S500e is presented during the media day at the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 16, 2015. REUTERS/Kai Pfaffenbach/File Photo Daimler should avert possible job losses resulting from the expected substitution of conventiona... More »
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 »
FRANKFURT Mercedes-Benz gave a sneak preview of a new ultra luxury coupe on Thursday in a sign that Daimler is continuing its push upmarket to turn up the heat on BMW, which owns the Rolls-Royce car brand. A tweet from the @MercedesBenz account teased a photog... More »
BEIJING Mobileye NV expects its China sales to increase “exponentially” after the country moves to require advanced driver assistance systems (ADAS) in all buses and trucks, an executive said on Monday. A government announcement on regulations requiring basic ... More »
BEIJING Fiat Chrysler Automobiles (FCHA.MI) (FCA) is targeting “significant double-digit growth” for jeep sales in China this year, said Mike Manley, Chief Operating Officer for the Asia-Pacific region, speaking at the Beijing auto show. Manley told reporters ... More »
WASHINGTON Major carmakers want U.S. auto insurance companies to help persuade millions of American car owners to get recalled vehicles fixed. The new push comes as a U.S. House panel will hold a hearing Thursday on efforts by the National Highway Traffic Safe... More »
TOKYO Japan’s government and auto giants Toyota Motor Corp Nissan Motor Co will join in an effort to develop intelligent maps by 2018, the Nikkei daily said, as competition heats up to improve the technology key for autonomous driving. Japanese automakers, map... More »
CANBERRA France has sent it largest business delegation in nearly two decades to Australia, spruiking the economic benefits of its bid for the A$50 billion ($38 billion) contract to build a fleet of 12 stealth submarines for Australia. Executives from French c... More »
WASHINGTON/DETROIT U.S. lawmakers on Tuesday stepped up pressure on federal regulators and Takata Corp (7312.T) to accelerate the recall of millions of airbag inflators, citing evidence that the Japanese company manipulated data to cover up problems with its p... More »
TOKYO Toyota Motor Corp (7203.T) said on Monday it would halt production at all car assembly plants in Japan from Feb. 8 to Feb. 13 due to a steel shortage following an explosion at a steel plant of one of its affiliates. The world’s biggest automaker said on ... More »
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 »
TOKYO/FRANKFURT At the recent Frankfurt Auto Show, Ford Motor Co unveiled a new feature that lets drivers pre-set their car to go at or just above the speed limit. In-car cameras and software read and react to road signs, speeding the car up or slowing it down... More »
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 »
The U.S. regulator overseeing the replacement of Takata Corp (7312.T) air bags is considering an order that would expand the recalls and has contacted seven manufacturers who could be affected, including Volkswagen AG (VOWG_p.DE) and Tesla Motors Inc (TSLA.O),... More »
FRANKFURT The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters. Rising ... More »
Google Inc said it named auto industry veteran John Krafcik as chief executive of its self-driving car project from late September. With the hiring of Krafcik, currently the president of automotive pricing terminal Truecar Inc and a former CEO of Hyundai Motor... More »
Fiat Chrysler Automobiles NV’s (FCAU.N) U.S. arm said on Friday it would recall 7,810 sport utility vehicles in the United States to update software for radios to prevent hacking. The announcement by FCA US LLC, formerly Chrysler Group LLC, comes more than a m... More »
DETROIT Toyota Motor Corp is collaborating with two top U.S. universities on artificial intelligence and robotics research aimed at ramping up the Japanese automaker’s efforts to develop self-driving cars. Toyota said on Friday that it would spend $50 million ... More »
LONDON The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts. Double digit growth rates during the first decade of th... More »
WASHINGTON The cybersecurity issues that led Fiat Chrysler Automobiles NV to recall 1.4 million vehicles this month could pose a problem for cars and trucks from other automakers, the top U.S. auto safety regulator said on Friday. Mark Rosekind, who heads the ... More »
NEW DELHI General Motors Co (GM.N) will recall 155,000 vehicles in India, its largest such exercise to date in the country, in order to fix wiring problems linked to a remote keyless entry accessory. The recall, also one of India’s biggest, follows a move in 2... More »
