More in Industry

  • Newswire

    European Car Sales Tumble 5.2% in March  

    Data from the ACEA automakers' group says last month's 1.84 million sales across the European Union and European Free Trade Area trimmed first-quarter growth to 0.6%....More
  • Newswire

    Tesla production pause adds to Model 3 concerns  

    April 17 (Reuters) - Tesla Inc shares fell as much as 2 percent in premarket trading on Tuesday, a temporary halt in production of its Model 3 sedan adding to nerves about the electric car maker's consistent failure to keep its promises on vehicle output. Model 3, the most affordable sedan from Tesla, is seen as crucial to the company's future profitability, but has so far missed several production goals....More
  • Newswire

    UPDATE 5-China to open auto market as trade tensions simmer  

    * China to remove cap on electric vehicle ventures this year * Could benefit the likes of U.S. carmaker Tesla * Symbolic shift from policy in place since 1994 * International carmakers say unlikely to scrap JVs * China trade tensions growing with United States (Adds comments from Ford, GM and Tesla) By Norihiko Shirouzu and Adam Jourdan...More
  • Newswire

    UPDATE 2-TomTom wants to steer its own course as remodels business  

    * TomTom holds door open to partnerships * Focus on winning business from car industry * First quarter earnings beat expectations (Updates after annual meeting) By Toby Sterling AMSTERDAM, April 17 (Reuters) - TomTom, the navigation and mapping company, intends to remain independent but could work with other groups as it focuses more on winning business from major carmakers, its chairman said on Tuesday....More
  • Newswire

    Ghosn Considering Revamping Renault-Nissan Alliance  

    Japan's Nikkei business daily says Ghosn, who heads the Renault-Nissan-Mitsubishi Alliance and is CEO of Renault, is considering a review of Renault's and Nissan's cross-shareholding structure as a prelude to a possible merger....More
  • Newswire

    UPDATE 1-Jaguar Land Rover to cut output and jobs due to Brexit, diesel slump -source  

    (Adds source, details, background) LONDON, April 13 (Reuters) - Britain's biggest carmaker Jaguar Land Rover will cut around 1,000 jobs and production at two of its English factories due to uncertainty around Brexit and confusion over diesel policy leading to a fall in sales, a source told Reuters. Output will be cut at its central English Solihull and Castle Bromwich plants, affecting some 1,000 agency workers, the source said. JLR did not offer an immediate comment when contacted by Reuters....More
  • Newswire

    GM Korea Posts Net 2017 Loss of $1.1 Billion  

    The automaker, which parent General Motors says will enter bankruptcy if it misses an April 20 deadline for resubmitting a restructuring plan, says fixed costs for unused facilities and "continuously rising labor costs" left it in the red a fourth straight year....More
  • Newswire

    Charging-Station Provider to Build Dedicated Network for GM's Maven  

    EVgo says its new network will add hundreds of charging stations in U.S. cities where General Motors operates its Maven car-sharing and -rental business....More
  • Newswire

    Labor Reportedly Troubled by Volkswagen Shakeup  

    Sources say labor officials are concerned by the Volkswagen board's plans to revamp top management, starting with Matthias Mueller's replacement as CEO by Herbert Diess, head of the automaker's core car brand....More
  • Newswire

    Sources Say Ford to Hasten Lincoln Rollout in China  

    Sources say Lincoln plans to build up to five new vehicles in the world's biggest auto market by 2022, starting with the new Lincoln Aviator in late 2019 or early 2020....More
  • Newswire

    UPDATE 2-Key Safety Systems completes deal to acquire air-bag maker Takata  

    * Group led by KSS parent Ningbo Joyson Electronic provided funds * Combined company to be renamed Joyson Safety Systems * Deal excludes Takata operations related to faulty inflators (Updates with Takata president's resignation) By Naomi Tajitsu...More

Mar 8, 2018
Video
WardsAuto

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More

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