Industry

  • 2017 BMW 5-Series production in Dingolfing, Germany

    Just as China prepares to ratchet down tariffs on car imports, President Donald Trump on Wednesday ordered an investigation into whether car imports into the United States are hurting national security. Commerce Secretary Wilbur Ross has since initiated an investigation under Section 232 of the Trade Expansion Act of 1962, which grants the president the ability to restrict imports considered a threat to national security. The type of investigation is the same the Trump administration took before implementing tariffs on aluminum and steel imports back in March. “There is evidence...

  • VW MOIA ride-sharing concept car
    Report: Apple to use VW vans for first self-driving service

    Apple and the Volkswagen Group have reportedly forged a deal that will see VW's Transporter van, the modern version of the iconic Microbus, used by Apple for its first self-driving service. The news was reported on Wednesday by The New York Times which cited people familiar with the project. The...

  • Kenny Bräck
    McLaren names Indy 500 winner as new chief test driver

    McLaren's next-generation of sports cars and supercars will first be handed to Kenny Bräck. The British automaker announced Wednesday that the Swedish racing driver is now chief test driver. He replaces long-time tester Chris Goodwin who last year joined Aston Martin. The title comes with...

  • Hamburg (Image: Flickr user LuxTonnerre, used under CC license)
    Germany's second-biggest city to introduce diesel bans on May 31

    Hamburg will become Germany's first city to impose a ban on diesel cars. The ban will be introduced on May 31 but only along two major roads in the city center. A number of signs have been erected to warn drivers of the ban and suggest alternative routes. It's not a blanket ban on diesel, as it is...

  • 2017 Ford F-150 Raptor SuperCrews being shipped to China
    China to cut tariffs for cars, auto parts

    In what could prove to be a major turning point in China's tough stance on trade in the auto sector, China's Finance Ministry on Tuesday confirmed cuts for import tariffs on cars and car parts. Due to roll in from July 1, the cuts will see tariffs on most vehicles reduced to 15 percent, and on...

  • 2018 Tesla Model 3 Long Range electric car, road test in greater Atlanta area, Feb 2018
    Elon Musk reveals when $35K Tesla Model 3 could start production, admits brake issue

    Tesla's rollout of the Model 3 has been anything but smooth sailing, and thousands of customers are still waiting for one very important Model 3 variant: the base model. It's the car Tesla CEO Elon Musk has consistently promised would come with a $35,000 price tag and 220 miles of range. Now, Musk...

  • McLaren at the 2018 Formula 1 Spanish Grand Prix

    The McLaren Group, parent of the McLaren Formula 1 team and road car business, on Monday welcomed new major shareholder Michael Latifi. Latifi's Nidala investment group purchased 10 percent of McLaren on May 14 for an estimated $270 million. It means Latifa is now the biggest shareholder in McLaren behind Saudi businessman Mansour Ojjeh and the Bahraini government. Ron Dennis famously sold his stake in the company in 2017 following a spat with the other shareholders over future ownership plans. Latifi is a Canadian businessman most famous for running Canadian food giant Sofina Foods. He's...

  • Fiat Punto production at Miafiori plant
    FCA looks to retool Italian plans for upscale models

    Fiat Chrysler Automobiles CEO Sergio Marchionne is set to unveil a company wide-strategy on June 1, his last such strategy announcement before his retirement next year. According to a report the strategy will outline a major restructuring of FCA's Italian plants to focus on upscale cars. Citing...

  • Mercedes-Benz EQA concept, 2017 Frankfurt auto show
    Compact EV will be first Mercedes sourced from France

    Mercedes-Benz on Friday announced plans to add production of a compact electric car at its plant in Hambach, France. The plant is the home of the Smart brand and has more than a decade of experience building electric cars, specifically Smart's EQ ForTwo and EQ ForFour (previously Electric Drive)...

  • Tesla Supercharger for city centers
    Thousands of more Tesla Supercharger stations coming

    In the coming days, we should have an updated map showing exactly where "thousands" of new Tesla Supercharger stations will pop up in the near future, per Tesla CEO Elon Musk. Musk responded to a vehicle owner via Twitter on Wednesday and said the "thousands" of new stations are currently under...

  • 2018 Ford GT via Ford GT Forum
    Fired from Ford, father of GT supercar now president of company building it

    The main person behind the modern Ford GT is now one of the people in charge at the company that builds the supercar. Raj Nair, former president of Ford North America, is now president of Canada's Multimatic Motorsports, Road & Track reported Friday. Nair was pushed out of his role at Ford...

  • BMW self-driving car prototype
    BMW is first foreign automaker approved for China's self-driving car license

    The BMW Group has become the first foreign automaker to obtain a license in China for testing of self-driving cars on public roads. Known as the Shanghai Intelligent Connected Autonomous Driving Test License, and issued by a number of government departments grouped under the Intelligent Connected...

  • 2018 Tesla Model S

    Following news China will scrap limited ownership rules for foreign automakers by 2022, Tesla has taken the first steps to form its independent Chinese operation. The Wall Street Journal (subscription required) reported Monday that Tesla has filed to set up a Shanghai division as the sole owner called Tesla Shanghai Co. Ltd. Under China's newly announced ownership regulations, the rules will begin to change this year with the cap lifted on any foreign-invested shares in electric and hybrid cars. Tesla, obviously, falls under said distinction. By 2020, China will remove the cap on any...

  • 2018 Volvo S90, V90, XC60 and XC90 T8 Twin Engine
    Volvo ditches diesel

    Volvo announced Wednesday that from 2019 it will no longer launch cars fitted with diesel engines. It follows the automaker's announcement last July that every car it launches from 2019 will feature some form of electrification, whether it be mild hybrid, plug-in hybrid or pure electric power. The...

  • Tobias Sühlmann
    Bugatti designer Tobias Sühlmann to style future Aston Martins

    Aston Martin is strengthening its design team as it prepares to more than double its lineup in the coming years. The automaker confirmed Friday the appointment of Volkswagen Group veteran designer Tobias Sühlmann as its new head of exterior design. He replaces Miles Nurnberger who has been...

  • Audi Q8 concept, 2017 Detroit auto show
    Show-off blow off: Audi joins other luxury makes to skip 2019 Detroit auto show

    Following similar announcements from Mercedes-Benz and BMW, Audi announced on Thursday that it will join the rival makes and no longer attend the Detroit auto show. It's the most recent in a series of blows to what many believe is North America's premier auto show. In a statement to Automotive News...

  • Volvo logo
    Report: Geely selects banks to advise on Volvo IPO

    Volvo could be the next major automaker to go public. The Swedish automaker's parent company Zhejiang Geely has selected investment banks Citigroup, Goldman Sachs and Morgan Stanley to advise on an initial public offering, Bloomberg reported on Thursday citing people familiar with the matter. Geely...

  • Nissan Leaf battery
    Japanese automakers partner on solid-state batteries in EV race

    Japan's major automakers and battery manufacturers have teamed up with their government to fast-track the development of solid-state batteries. The automakers include Toyota, Nissan and Honda, who have joined forces with Japanese battery manufacturers Panasonic and GS Yuasa in the program, the...

  • 'Revenge of the Electric Car' premiere: Tesla Motors CEO Elon Musk on red carpet

    Perhaps we'll soon see yet another ambitious project from Tesla and SpaceX CEO, Elon Musk. The outspoken executive recently took to Twitter to announce he's "super serious" about starting...a candy company. Where did the idea for a candy company originate? It appears Musk and Warren Buffet, CEO of Berkshire Hathaway, sparred over social media, according to a CNBC report on Monday. Musk criticized Buffett's use of "moats." A company with an economic moat has a widely recognized brand value that makes it almost impossible for rivals to compete on an even playing field. Think Apple in the...

  • 2018 Ford Focus Electric
    Ford might turn Detroit eyesore into self-driving, EV hub

    Ford has its eye on a landmark building nestled in Detroit's Corktown neighborhood. The automaker revealed it has plans to purchase the rotting Michigan Central Station and renovate the space to house an electric- and self-driving car hub. The potential purchase follows Ford's decision to relocate...

  • Volvo Cars and Volvo Trucks  Connected Safety hazard-alert service
    Volvo cars and trucks can now inform each other of hazards

    A new cloud-based service called Connected Safety will allow Volvo cars and trucks to automatically alert each other to hazardous traffic situations. Volvo Cars and Volvo Trucks are actually separate entities but with the Connected Safety service the two are able to share real-time data to help...

  • GM 3D-printed seat bracket concept part
    GM banks on 3D printed parts for lower costs, vehicle weights

    Future automotive components could look less like rigid pieces and more like organic shapes. General Motors announced on Thursday that the automaker has worked with Bay-area software company Autodesk to create a 3D-printed component to preview future manufacturing processes. The part is a seat...

  • Herbert Diess
    VW Group boosts battery purchases to $48B, or the same market cap as Tesla

    New Volkswagen Group CEO Herbert Diess revealed Thursday that the automaker has awarded $48 billion in contracts to battery suppliers. The goal is to reach $50 billion to cover the automaker's battery needs through to 2025. The $48 billion figure is roughly equal to the entire market capitalization...

  • Site of Toyota's self-driving test facility at Michigan Technical Resource Park
    Toyota plans self-driving test site for emergency maneuvers

    Toyota on Thursday revealed plans to build a dedicated test site for self-driving cars. The site will be located within the 1.75-mile oval test track of the Michigan Technical Resource Park at Ottawa Lake, Michigan and span approximately 60 acres. It will include congested urban environments, slick...

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