Autos & Transportation
LATEST NEWS FROM AUTOS & TRANSPORTATION
Autos & Transportation
GM's second-quarter US auto sales fall 4%
General Motors on Wednesday reported a 4.2% drop in U.S. auto sales during the second quarter, as inflationary pressures kept some new vehicle buyers at bay.
Autos & Transportation
BYD's sales rise for second month, buoyed by exports
Chinese electric vehicle maker BYD posted a second consecutive month of global sales growth in June, as a surge in exports helped offset weak demand in its home market.
Autos & Transportation
US car sales on cruise control despite pressures
Automakers on Wednesday are expected to report steady second-quarter U.S. vehicle sales, despite what normally would be a bleak backdrop for the car business.
Autos & Transportation
China's BYD nears decision on second European plant, adviser says
China's BYD , the world's largest electric vehicle maker, is close to a decision on taking over an existing European auto plant to speed up its expansion in the region, a senior a...
Autos & Transportation
Tesla Q2 deliveries expected to rebound as Europe sales recover
Tesla is expected to report a 5% rise in vehicle deliveries on Thursday for the second quarter.
Autos & Transportation
Joby, Toyota announce joint venture for air taxi production
Joby Aviation and Toyota Motor announced a joint venture on Tuesday to produce the air taxi maker's S4 series, as it looks to secure government approval to deploy its commercial ...
Autos & Transportation
Toyota sales fall for fourth month in May as declines in China, US and Middle East weigh
Toyota Motor said on Monday that global vehicle sales slipped for a fourth consecutive month in May, as decreases in China and the Middle East weighed on overall results.
Autos & Transportation
China's Momenta kicks off Hong Kong IPO, targets up to $751 million
Chinese self-driving technology firm Momenta Global launched its Hong Kong initial public offering on Monday, seeking to raise up to HK$5.89 billion ($751.1 million), according t...
Autos & Transportation
Volkswagen plans to end automated driving tie-up with Bosch, Bild reports
German carmaker Volkswagen plans to end its automated driving tie-up with auto supplier Bosch as part of a wider push to cut costs and boost competitiveness, Germany's Bild newsp...
Autos & Transportation
US safety agency ends power steering probe into 376,000 Tesla EVs
U.S. safety regulators said on Saturday they had closed their probe into Tesla vehicles over power steering loss, in view of a company recall which was carried out last year.
Autos & Transportation
US auto safety regulator closes evaluation of 441,002 Honda Odyssey vehicles after recall
The U.S. National Highway Traffic Safety Administration has closed a preliminary evaluation of 441,002 Honda vehicles after the company issued a recall of some Odyssey models, it...
Autos & Transportation
Volkswagen weighs up to 100,000 job cuts, four plant closures in overhaul, sources say
Volkswagen is considering shutting four German factories and ramping up job cuts to as many as 100,000, two people familiar with the matter said on Friday, in what could be the bi...
Autos & Transportation
Kioxia shares slump 12% as AI-related stocks fall
Shares of Japanese chipmaker Kioxia slid 12% on Friday after a report that ChatGPT maker OpenAI was considering delaying its initial public offering sparked a selloff in AI-relat...
Autos & Transportation
Stellantis, Nissan in talks to buy assets from Marelli, Bloomberg News reports
Automakers Stellantis and Nissan Motor are in talks to take over some of the assets of the Japanese auto parts supplier Marelli Holdings, Bloomberg News reported on Thur...
Autos & Transportation
Ferrari's divisive new EV car needs to be 'digested', company exec says
Ferrari's first-ever EV model, which has triggered a flurry of criticism since its unveiling last month, needs to be "digested" before it can be understood, the company's Chief Pr...
Autos & Transportation
US proposes to drop brake pedal requirements for self-driving vehicles
The National Highway Traffic Safety Administration proposed on Thursday to end a government requirement for manual brake pedals in self-driving vehicles, a move that would make it...
Autos & Transportation
Polestar says Trump administration forcing it to end US sales
Polestar said on Thursday the Trump administration was forcing the electric-vehicle maker to stop selling vehicles in the United States beginning in the 2027 model year as Washing...
Autos & Transportation
Tesla to ramp up production in Germany by 20%
Tesla said on Thursday that production at its Berlin plant will rise by 20% to 7,500 vehicles per week from October this year.
Autos & Transportation