LOS ANGELES (Reuters) – The Mustang Mach E electric sport utility vehicle Ford Motor Co (F.N) unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that h... More »
FRANKFURT (Reuters) – Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a strong position in electric technologies forced on European carmakers by regulators seeking to curb pollution. Though the num... More »
FRANKFURT/BEIJING (Reuters) – China’s Great Wall Motor (601633.SS)(2333.HK) may consider building car manufacturing facilities in the European Union once its sales there hit 50,000 units a year, its chairman said, as part of a push to seek growth in overseas m... More »
FRANKFURT (Reuters) – Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahead of the Geneva motor show. “We will invest ... More »
(Corrects April 27 story in paragraph 10 to say production at a plant in Belgium is planned to start in 2019, and sales are planned to begin in 2020.) By Joseph White ZHANGJIAKOU, China (Reuters) – While auto workers in Germany and South Korea fight to save th... More »
NEW YORK (Reuters) – Luxury U.S. automaker brands Cadillac and Lincoln both unveiled SUV models this week at the New York auto show to meet rising American demand, but also are keeping one eye on a growing Chinese appetite for the same vehicles, executives sai... More »
NEW YORK (Reuters) – Demand for sport utility vehicles in the United States is booming, but the number of new models vying for a share of that market is growing even faster, threatening the fat profits automakers have enjoyed. At the New York Auto show this we... More »
Bill Ford, executive chairman of the Ford Motor Company and Jim Hackett (R), President and CEO, present the 2019 Ford Ranger during the Ford press preview at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2018. REUTERS/Rebec... 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 »
Auto portal Bitauto Holdings Ltd (BITA.N) has recently raised $1 billion from Tencent Holdings Ltd (0700.HK), Baidu Inc (BIDU.O) and JD.com Inc (JD.O) as it seeks to be China’s largest online car financing platform, its chief told Reuters on Thursday. 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 »
A worker rides a bicycle past a Honda auto parts manufacturing plant in Foshan, Guangdong province, China June 2, 2010. REUTERS/Stringer Japan’s Honda Motor Co will launch an all-electric battery car in China next year as demand for plug-in electric vehicles (... 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 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 »
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 »
BEIJING Sales of Mercedes-Benz vehicles in China will moderate over the remainder of 2016, compared with a 39 percent year-on-year growth in the first quarter, the brand’s China head said on Monday. Mercedes-Benz’s sales in China rose three times as fast as BM... 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 »
BEIJING/DETROIT Tomorrow’s cars will be all-electric, self-driving, connected to high-speed communications networks … and free. And probably Chinese. That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and one of a new breed of Chinese who... More »
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 »
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 »
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 »
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 »
