Politics

U.S. 'very close' to proceeding with Mexico-only trade deal

11:34 am U.S. ET | Sept. 21, 2018
The United States is getting "very, very close" to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said.

Aston Martin plans October IPO worth up to $6.7 billion

Sept. 20, 2018 10:55 CET
Aston Martin says it is seeking a valuation of up to 5.07 billion pounds ($6.7 billion) from a stock market flotation in October. The automaker will publish a prospectus on Thursday and hopes to announce its final pricing at the beginning of next month, ahead of an IPO on or around Oct. 8.

JLR faces fresh Brexit dilemma over UK-built parts

Sept. 20, 2018 10:15 CET
Jaguar Land Rover is facing a fresh Brexit dilemma as it aims to boost the proportion of parts made in the UK to simplify its supply chains and save costs. But the prospect of an EU exit is making it tougher to persuade suppliers to expand in the country.

Jackson: Auto industry is 'freaking out' over the prospect of tariffs

12:00 pm U.S. ET | Sept. 19, 2018
The auto industry fears that President Donald Trump's threats to place tariffs on vehicles coming into the U.S. could drive the economy into a recession, the head of the largest auto retailer in America said.

NAFTA deal unlikely this week, raising tariff fears

11:35 am U.S. ET | Sept. 19, 2018
NAFTA talks are picking up again but a deal is unlikely to be reached this week -- increasing the odds the latest deadline will be missed amid Donald Trump's threat to freeze Canada out.

Rule out 'no deal' Brexit, UK car industry warns in Brussels

Sept. 19, 2018 12:20 CET
London and the EU should rule out a 'no deal' Brexit, which could add at least 5.7 billion euros ($6.65 billion) in car tariffs and snarl up production, the UK's SMMT industry body warned.

Mini moves plant shutdown as hedge on no-deal Brexit

Sept. 18, 2018 15:35 CET
Mini's plant in Oxford, England, will move its annual maintenance shutdown to April next year when Britain is due to leave the EU.

China slaps tariffs on $60 billion of U.S. goods as trade war escalates

10:50 am U.S. ET | Sept. 18, 2018
China announced retaliatory tariffs against $60 billion of U.S. goods, sharply escalating their trade conflict as the Trump administration considers imposing duties on almost all Chinese imports.

ERIC KULISCH

Will automakers bear outsize burden for tackling climate change?

9:30 am U.S. ET | Sept. 18, 2018
It's unclear how much automakers will benefit from relaxing standards for tailpipe emissions. To some observers, the biggest winners are petroleum companies.

JLR cuts production at UK plant on slow demand

Sept. 17, 2018 16:04 CET
Jaguar Land Rover is cutting production to three days at one of its UK plants as it deals with the fallout from the Brexit vote and the drop in diesel demand.

Aston Martin joins Jaguar in calling out Brexit risk to industry

Sept. 16, 2018 06:01 CET
Aston Martin CEO Andy Palmer said that Brexit is "a disaster for the industry on both sides of the Channel if there is no negotiated exit."

Brexit without a deal would complicate driving in Europe, UK says

Sept. 14, 2018 11:20 CET
Leaving the EU without a divorce deal could make life for UK citizens and businesses more difficult, including forcing motorists to get an international license to drive in Europe, the government said.

UK government wants to uphold CO2 rules in no-deal Brexit

Sept. 14, 2018 10:34 CET
The UK government will try not to impose extra burdens on the auto industry for reporting CO2 emissions if it leaves the EU without a deal, but will seek to maintain rules that correspond to current bloc arrangements.

NEWS ANALYSIS

Who has the real leverage at the NAFTA table?

9:03 am U.S. ET | Sept. 13, 2018
From day one, President Trump has imposed his will on talks to overhaul NAFTA. But as his administration tries to seal the deal, it’s not clear he holds all the cards.

Wrong Brexit deal will cost thousands of jobs, Jaguar Land Rover CEO says

Sept. 11, 2018 17:01 CET
Jaguar Land Rover CEO Ralf Speth said he had no idea whether his plants would be able to operate after Britain leaves the EU next year.

Mexican auto exports jump in August, output up slightly

12:20 pm U.S. ET | Sept. 10, 2018
Mexico produced 369,543 light vehicles in August, an increase of 0.4 percent compared with the same month last year, according to new industry statistics.

Jaguar Land Rover recovery clouded by Brexit uncertainty, Tata chairman says

Sept. 10, 2018 15:19 CET
Protracted Brexit talks are weighing on the recovery prospects of Jaguar Land Rover, according to its Indian owner.

China vows to respond if U.S. takes new steps on trade

9:39 am U.S. ET | Sept. 10, 2018
China will respond if the U.S. takes any new steps on trade, the foreign ministry said, after President Trump warned he was ready to slap tariffs on virtually all Chinese imports into the U.S.

DARON GIFFORD

Avoid knee-jerk reactions to tax and tariff changes

3:56 pm U.S. ET | Sept. 7, 2018
Overseas and domestic automotive companies should think long and hard about buying or building plants to take advantage of recent tax cuts, tariff threats or the depressed euro.

U.S.-Canada trade talks grind on, but 'final' issues unresolved

11:42 am U.S. ET | Sept. 6, 2018
U.S. and Canadian negotiators pushed ahead in grinding talks to rescue NAFTA, but a few stubborn issues stood in the way of a deal, including dairy and how to solve future trade disputes.

NAFTA talks restart as Trump, congressional clock boost pressure

6:59 am U.S. ET | Sept. 5, 2018
Canada insisted there was still room to salvage NAFTA after talks with the United States and said both sides would meet again later in the day after separate discussions on this morning's proposals.

Canada-U.S. NAFTA talks to resume next week, optimism remains

1:17 pm U.S. ET | Aug. 31, 2018
Canada and the U.S. ended talks on Friday to update NAFTA in a mood soured by President Trump's comments that a pact would be on U.S. terms while Ottawa stood firm against signing "just any deal."

Nonprofit launches website to smooth access to UAW spending

2:18 pm U.S. ET | Aug. 31, 2018
In a step toward greater transparency as the union remains mired a federal corruption scandal, the Center for Union Facts launched a new website on Thursday to give members a user-friendly way to view how the UAW spends its money.

As clock ticks, Canada, U.S race toward NAFTA deal

10:39 am U.S. ET | Aug. 30, 2018
Top NAFTA negotiators from Canada and the United States wrapped up a third day of two-way talks on Thursday, agreeing to meet Friday to resolve final differences before a deadline, with Mexican counterparts on standby to rejoin negotiations.

UK production falls 11% in July on model changes

Aug. 30, 2018 10:15 CET
UK production fell 11 percent in July, hit by model changes, seasonal adjustments and preparations for tougher new emissions standards.

 
Why Aston Martin's CEO expects automaker to be more profitable than Ferrari

Nick Gibbs
4:40 am U.S. ET | Sept. 10 2018

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As Aston Martin plans its London IPO, CEO Andy Palmer believes the company will be more profitable t ...
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Volvo has autonomous vehicle safety covered like a blanket

Douglas A. Bolduc
3:51 am U.S. ET | Sept. 7 2018

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Leave it to Volvo to already be working on a patent for a solution that will keep passengers safe even as they sleep in their self-driving cars. ...
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Tesla readies a surprise in Europe

Jay Ramey
12:01 am U.S. ET | Sept. 4 2018

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Tesla is expected to reveal a new vehicle at the Grand Basel auto show, according to an invitation s ...
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Moving out of Sergio's shadow

Andrea Malan
12:01 am U.S. ET | Sept. 4 2018

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Mike Manley took the helm at Fiat Chrysler just four days before the death of former CEO Sergio Marc ...
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ZF invests in future engineers with a U.S. robot competition

Richard Truett
1:08 pm U.S. ET | Aug. 28 2018

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Facing a shortage of engineers, ZF Group and other auto companies are taking a long view and are ram ...
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Why domestic automakers will not dominate China's luxury EV market

Yang Jian
7:26 am U.S. ET | Aug. 24 2018

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Beijing realizes that young domestic automakers can never beat global giants with traditional combus ...
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W. European sales rise 27% ahead of WLTP changeover
Western European car sales surged 27 percent in August as automakers discounted heavily to clear sto ...
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UK sales increase 23% on WLTP
UK registrations jumped by 23 percent in August as automakers reduced vehicle stocks ahead of the ne ...
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Italy sales rise 10% on smooth WLTP changeover
Contrary to what happened in France, Spain, Germany and the UK, Italian registrations did not rise d ...
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German sales rise 25% ahead of WLTP
German registrations increased 25 percent last month as VW and other brands flooded the market to re ...
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Spanish car sales soar 49% in WLTP stock clear-out
Registrations in Spain jumped 49 percent in August as automakers rushed to clear out vehicle stocks ...
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French sales leap 40% on new WLTP test
Registrations in France increased by 40 percent in August, with gains largely due to the effects of ...
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Western European sales jump 9% ahead of WLTP tests
Automakers pushing to sell cars before WLTP vehicle-testing rules come into effect helped to boost w ...
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Skoda, BMW among winners as Russia sales rise 11%
New-car sales in Russia rose 11 percent in July, buoyed by strong consumer confidence ahead of a pla ...
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Europe's first-half sales surged on strong SUV demand
Jeep, Seat, Dacia and VW outperformed all other brands sold in Europe in the first half, as overall ...
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BMW sees 5%-10% sales growth in China despite tariffs
BMW expects its China sales to rise between 5 percent and 10 percent this year, despite the introduc ...
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Europe's crossover craze drives market gains
SUVs and crossovers accounted for one-third of European sales through June for the first time. Their ...
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Peugeot, Toyota commit to midsize sector despite slump
Peugeot and Toyota are the latest automakers to commit to Europe's volume midsize segment despite cu ...
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European electric-car sales growth slowed in first half
Sales growth of electric cars slowed across the EU's major markets during the first half because of ...
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CNG car sales set to rise on tougher emissions rules
European demand for cars powered by compressed natural gas has shown signs of life after a half-deca ...
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Europe's small SUV sales projected to 'grow like crazy'
European sales of small SUVs are poised to surge beyond the segment's typically strong growth, as ne ...
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Premium automakers add drivetrains, body styles to stabilize midsize sales
Europe's premium automakers are diversifying drivetrain and body style choices in the core midsize s ...
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Europe's automakers invest in sedans despite SUV surge
Automakers in Europe are continuing to invest in sedans even though the body style has been losing c ...
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Hyundai, Seat add body styles to spice up key sector
Automakers such as Hyundai, Ford, Kia and Seat are experimenting with new compact-car body styles in ...
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Audi, BMW forecast to give key SUV sector a lift with new flagships
A two-year slump in the demand for premium large SUVs in Europe is expected to end in 2019 as BMW an ...
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Tesla Model S outsells German luxury flagships in Europe
Germany's premium brands are under pressure to accelerate their plans for electric cars after Tesla' ...
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Hyundai Motor promotes heir apparent Chung Euisun as succession looms
Euisun Chung moves a step closer to succeeding his 80-year-old father, Chung Mong-koo, who has presi ...
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Adient names DelGrosso CEO, succeeding interim chief Fritz Henderson
Seating supplier Adient named turnaround veteran Douglas DelGrosso as its next CEO, replacing former GM chief Fritz Henderson. ...
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FAW names ex-Rolls-Royce design chief to help revive luxury China marque
China FAW has recruited Giles Taylor, Rolls-Royce's former design chief, in an effort to revive ts H ...
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Aston Martin names Penny Hughes chairman ahead of London listing
Aston Martin is moving ahead with a plan to list shares in London, naming Penny Hughes as chairman i ...
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Musk elevates Tesla's little-known fixer to steer past drama
In Jerome Guillen, Elon Musk has promoted a skilled multitasker who's proven able to operate at the ...
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Tesla accounting chief, HR head resign
Tesla's top accountant gave notice he's resigning one month into the job, citing the level of scruti ...
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VW Group names finance exec as new sales chief
VW Group appointed Christian Dahlheim as its new head of group sales. Dalheim replaces Fred Kappler, ...
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FAW names ex-Rolls-Royce design chief to help revive luxury China marque
China FAW has recruited Giles Taylor, Rolls-Royce's former design chief, in an effort to revive ts H ...
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Former Land Rover designer Phil Simmons joins Great Wall
Great Wall appointed former Land Rover stylist Phil Simmons as design director for the Haval brand. ...
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Lotus names former Bentley, JLR exec as product strategy chief
Lotus, the UK sports-car maker that is set for a $1. ...
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Peugeot touts Rifter's space and tech features
Peugeot has designed the new Rifter, the passenger variant of the automaker's small cargo van, to ap ...
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Seat counts on Tarraco to retain rich customers
Seat expects its new Tarraco flagship SUV to further boost the company's profitability by retaining ...
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Audi packs e-tron EV with interconnected features
The Audi e-tron will offer a 95-kilowatt-hour battery, full-time all-wheel drive and a host of inter ...
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Mercedes gives new GLE semi-autonomous tech
The Mercedes GLE gets semi-autonomous technologies and all-new engines including a plug-in hybrid. ...
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Renault's revived Alpine races to keep pace with demand
Since Renault launched the Alpine A110, the new brand has taken 5,000 reservations, resulting in a 1 ...
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BMW returns to roadster market with Z4
BMW is returning into the roadster market with the revival of the Z4 -- a car whose predecessor help ...
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Peugeot aims sleek 508 at SUV buyers
Peugeot has transformed the 508 midsize sedan into a hatchback to add versatility and attract SUV an ...
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Jaguar showcases I-Pace's SUV skills
The Jaguar I-Pace's versatility shows it is much at home tackling tough terrain as it is blazing aro ...
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Audi adds connectivity features to bigger Q3
Audi has made its Q3 bigger and added more tech and connectivity equipment for the compact SUV's sec ...
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Porsche gives updated Macan improved handling
Porsche has updated its Macan crossover with a fresher design, improved handling, as well as more co ...
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