More in Auto Makers

  • Newswire

    Report Says VW Preparing to Slash China Spending  

    A German magazine says the automaker, whose profits at its Chinese joint ventures are running 25% below year-ago, is preparing a cost-saving program in response to slumping demand....More
  • Newswire

    CORRECTED-UPDATE 1-GM earnings more than doubles on U.S. truck demand; shares jump  

    (In paragraph nine, removes full dollar amount for net income before one-time charges. The per-share amount is correct, at $1.29.) By Joseph White and Bernie Woodall DETROIT, July 23 (Reuters) - General Motors Co shares surged in premarket trading Thursday after the automaker reported adjusted net income that more than doubled in the second quarter, driven by North American truck sales and continued strength in China....More
  • Newswire

    UPDATE 2-Luxury sportscar maker Ferrari files for New York listing  

    * To sell 10 pct of Ferrari to fund FCA's ambitious growth plan * Marchionne says Ferrari should be worth "at least" $11 bln * To be floated in New York, may seek secondary listing in Milan * To include loyalty scheme that will benefit Agnelli family (Recasts, adds details) By Agnieszka Flak...More
  • Newswire

    China Auto Exec Says Green-Car Push in Works  

    Beijing Automotive Group Chairman Xu Heyi says the government will give credits to automakers manufacturing and selling electric and hybrid vehicles, and to consumers who buy them....More
  • Newswire

    Audi's China Head Ousted as Sales Drop Continues  

    The Volkswagen-owned luxury automaker will replace Dietmar Voggenreiter as head of its Chinese operations at year-end, but says his dismissal and Audi's recent sales slowdown aren't related....More
  • Newswire

    Toyota Forming Investment Fund to Pursue Innovation  

    The automaker will team with a Japanese bank and asset-management company to invest in advanced-technology projects including autonomous driving, robotics and artificial intelligence....More
  • Newswire

    Security experts hack into moving car and seize control  

    By Joseph Menn SAN FRANCISCO, July 21 (Reuters) - A pair of veteran cybersecurity researchers have shown they can use the Internet to turn off a car's engine as it drives, sharply escalating the stakes in the debate about the safety of increasingly connected cars and trucks. Former National Security Agency hacker Charlie Miller, now at Twitter, and IOActive researcher Chris Valasek used a feature in the Fiat Chrysler telematics system Uconnect to break into a car being driven on the highway by a reporter for technology news site Wired.com....More
  • Newswire

    Hyundai's Creta Raises SUV Stakes in India, Export Markets  

    The Creta is Hyundai's first SUV to launch in India, where the South Korean automaker ranks No.2 in sales and is the country's largest exporter....More
  • Newswire

    Ford Targets Deep Pockets With Upmarket F-150  

    The '16 Ford F-150 Limited could cost more than $60,000, a figure currently fetched by F-150 Platinum models with multiple options....More
  • Newswire

    UPDATE 1-NHTSA Chief: Agency Reviewing Safety Rules for Automated Cars  

    The agency is looking at a list of rules that could affect the rollout of features such as Tesla Motors' "autopilot" hands-free driving system or General Motors' proposed "super cruise" system, NHTSA administrator Mark Rosekind told reporters....More

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