Industry

General Motors' self-driving car business (GM Cruise) has been given a huge vote of confidence by SoftBank Vision Fund. The fund, which controls more than $100 billion in assets and is considered the world's biggest tech investor, on Thursday announced it will inject $2.25 billion in GM Cruise in...

A lot of companies are working on self-driving cars but the day when we all hurry around in pods without steering wheels is a long way off. In the meantime, self-driving technology will slowly filter across to cars in piecemeal form, with the Society of Automotive Engineers in 2014 presenting a...

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...

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...

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...

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...

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...

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...

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 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)...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...