July 23, 2018 In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International which aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese… Continue reading Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China
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Tata Motors renews talks to sell stake in engineering unit
July 23, 2018 Tata Motors Ltd., the owner of Jaguar Land Rover, has restarted talks on the sale of a stake in its engineering unit just months after a deal with Warburg Pincus was called off, people with knowledge of the matter said. The carmaker has started preliminary discussions with a private equity firm that… Continue reading Tata Motors renews talks to sell stake in engineering unit
Automakers push back on EU tariff plan, saying there’s no evidence imports affect national security
Auto executives pushed back Thursday on the Trump administration’s proposal to dramatically raise tariffs on auto imports from the EU.
New FCA CEO Manley a 'brilliant' exec
In this file photo taken on January 15, 2018 Mike Manley, the then-head of Ram brand, speaks at the 2018 North American International Auto Show. Fiat Chrysler appointed Manley as new CEO on Saturday. (Photo: Jewel Samad, AFP/Getty Images) As the man who guided Jeep and Ram to meteoric success, Mike Manley’s sense of humor… Continue reading New FCA CEO Manley a 'brilliant' exec
Here’s why Tesla’s Model 3 may face declining demand, despite Elon Musk’s claims
Recently, Elon Musk lashed out at a new analysis claiming that nearly a quarter of the more than 400,000 advance reservations for Tesla‘s Model 3 battery-sedan have been canceled.
Fiat Chrysler replaces CEO Marchionne amid health struggles, ending impressive near 10-year run
Sergio Marchionne, the maverick auto executive who created and oversaw nearly a decade of post-bailout growth at Fiat Chrysler, has been replaced as CEO amid ongoing health struggles.
Here's why Trump wants sensitive details from automakers' operations
Ford CEO James Hackett and President Donald Trump during a meeting with automotive executives in the White House, Friday, May 11, 2018, in Washington. (Photo: Evan Vucci, AP) WASHINGTON – Automakers are crying foul after the Trump administration demanded information about their operations — including what some say is sensitive, proprietary information — as part of an… Continue reading Here's why Trump wants sensitive details from automakers' operations
You’ll never guess what the new Ford Fusion looks like
2019 Ford Fusion sedan (Photo: Ford Motor Company) Ford plans to get rid of the traditional Fusion sedan in favor of a longer, taller and more brawny version. The new design, which has no scheduled release date, is intended to capture buyers who drive the Subaru Outback wagon and maybe even the BMW 5 Series… Continue reading You’ll never guess what the new Ford Fusion looks like
Waymo’s autonomous cars have driven 8 million miles on public roads
Waymo, the self-driving unit of Google parent company Alphabet, has hit another milestone: 8 million miles driven on public roads. That translates into roughly 25,000 miles driven every day, which is light-years ahead of the company’s competitors and is the result of Google’s very early investment in self-driving technology. The news was delivered by the… Continue reading Waymo’s autonomous cars have driven 8 million miles on public roads
SoftBank-backed Mapbox targets ride-hailing, self-driving cars
July 20, 2018 Mapbox Inc., backed by SoftBank Group Corp., says it has a role to play in Masayoshi Son’s vision for ride-hailing and autonomous cars. The provider of mapping data for Tinder, Evernote and Facebook Inc. in October raised $164 million in a funding round led by the SoftBank Vision Fund. The infusion was… Continue reading SoftBank-backed Mapbox targets ride-hailing, self-driving cars