BMW races to get suppliers ready for Brexit
July 9, 2018 11:57 CET
BMW Group makes cars that can accelerate to 100 kph in 3.4 seconds, but as Brexit approaches the German automaker is working on something far more mundane: teaching suppliers to fill out customs forms.
JLR warns UK of $106 billion 'bad Brexit' toll
July 5, 2018 09:29 CET
JLR CEO Ralf Speth has warned Theresa May's government that a "bad Brexit" deal would jeopardize as much as 80 billion pounds ($106 billion) in investments over the next five years and could force the automaker to leave the UK.
Lawsuit challenges Trump's authority on steel, auto tariffs
2:19 pm U.S. ET | July 3, 2018
A trade association argues that Section 232 of the 1962 Trade Expansion Act is unconstitutional because it allows the president unlimited ability to restrict trade on national security grounds and Congress can't delegate away all its powers without some guidance on how to act.
Mexico should hit back on any U.S. auto tariffs, president-elect's adviser says
4:04 pm U.S. ET | July 2, 2018
If the U.S. slapped duties on Mexico's auto exports, the government should retaliate against U.S. businesses, a top economic adviser to president-elect Andres Manuel Lopez Obrador said.
Ford lobbyist leaving for GM investor
12:01 am U.S. ET | July 2, 2018
Ford is losing its longtime top Washington lobbyist to an investment firm that's investing heavily in Ford's crosstown rival General Motors.
Industry lobbying fails to budge Trump
12:01 am U.S. ET | July 1, 2018
It's becoming increasingly clear to automotive interests that traditional lobbying efforts against tariffs on autos and auto parts are ineffective with President Donald Trump.
GM warns auto tariffs could force downsizing, jeopardize investments
2:57 pm U.S. ET | June 29, 2018
GM said it could shrink at home, jeopardizing its ability to invest in technologies such as autonomous and electric vehicles, if tariffs on imported autos and components are imposed.
Fiat Chrysler making trade contingency plans on a 'massive scale'
11:41 am U.S. ET | June 29, 2018
FCA is developing contingency plans to adjust its manufacturing footprint should President Trump's hardball trade tactics result in higher auto tariffs or the collapse of existing trade agreements.
Mazda joins Toyota in condemning Trump's car-tariff plans
7:05 am U.S. ET | June 29, 2018
Mazda became the latest auto company to condemn the Trump administration’s plans for potential car import tariffs, saying such duties would hit both the industry as well as U.S. consumers.
China sets rollback of foreign ownership caps on auto JVs for July 28
12:12 pm U.S. ET | June 28, 2018
China unveiled late Thursday a long-anticipated easing of foreign investment curbs in the auto industry and other key sectors as Beijing moves to open its markets further.
Automakers face Brexit headache: 150 trucks a day
June 27, 2018 09:39 CET
Any sort of customs border between Britain and the EU would cause delays to the trucks which carry parts for just-in-time manufacturing of cars, said Stephan Freismuth, BMW's customs manager.
BMW's Dutch Mini production provides Brexit hedge
June 27, 2018 10:12 CET
BMW is cutting its dependence on its factory in Oxford, England, for Mini production by expanding a Dutch assembly site.
NHTSA nominee King passes Senate panel's review
12:52 pm U.S. ET | June 27, 2018
The Senate Commerce Committee on Wednesday recommended the nomination of Heidi King to be NHTSA administrator.
Businesses press Congress to check Trump tariff powers
11:20 am U.S. ET | June 27, 2018
A coalition of business groups, including those representing automakers and suppliers, sent a letter to lawmakers urging support for legislation that would require congressional approval of tariffs designated for national security reasons.
VIDEO: AutoNews Now: Trump raps EU, German carmakers and Harley
12:01 am U.S. ET | June 26, 2018
Trump raps EU, German carmakers and Harley; BMW sounds Brexit warning; Uber averts London ban; Ram offers 1500 'Classic'; Porsche Panamera recall.
Brexit halves new investment in UK car industry, auto lobby group says
June 26, 2018 09:21 CET
Uncertainty over Brexit has halved new investment in the UK car industry because the government's current plans for trade after Britain leaves the EU are unrealistic, the SMMT industry association said.
BMW would close UK plants if Brexit hurts supply chain, exec says
June 25, 2018 18:04 CET
BMW would have to close its British factories that make Mini and Rolls-Royce cars if Brexit leads to serious supply chain disruption, a company executive told the
U.S. set to limit China investments
1:53 pm U.S. ET | June 25, 2018
President Donald Trump plans to spur more trade tensions with China by barring many Chinese companies from investing in American technology firms, and by blocking additional tech exports to Beijing.
Trump threatens 20% tariff on European Union cars
10:23 am U.S. ET | June 22, 2018
President Trump threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars, a month after the administration launched an investigation into whether auto imports pose a national security threat.
How Trump's trade crusade could hit automakers in America
7:18 am U.S. ET | June 22, 2018
Over the past three decades, the global auto industry has gotten, well, more global. Manufacturers built scores of factories outside their home countries to reduce exposure to currency swings.
GM risks Trump's ire with plan to build Blazer in Mexico
6:11 am U.S. ET | June 22, 2018
Just as President Trump is threatening tariffs on imported autos, GM plans to resurrect the Chevrolet Blazer -- this time as a sleeker crossover -- made in Mexico.
China to act 'forcefully' on Trump's $200 billion tariff threat
10:41 am U.S. ET | June 19, 2018
Trade tensions between the world's two biggest economies intensified, with China vowing to retaliate "forcefully" against President Donald Trump's threatened tariffs on another $200 billion in Chinese imports.
Trump says 'getting there' in NAFTA talks with Canada, Mexico
2:16 pm U.S. ET | June 19, 2018
President Trump said progress was being made in talks to update the NAFTA trade accord between the United States, Canada and Mexico, but he held out the prospect of striking bilateral pacts.
Canada mulls auto firms aid in response to U.S. tariffs threat
4:16 pm U.S. ET | June 18, 2018
Canada is considering all options, including providing financial aid to the auto industry, to cope with possible tariffs from the United States.