Autos & Transportation
LATEST NEWS FROM AUTOS & TRANSPORTATION
Autos & Transportation
China's Geely to make electric SUVs at Ford Spain plant, jointly develop model for Europe
Geely Auto will build two electric SUVs at Ford's factory in Spain and the two firms will jointly develop a new model, they said on Thursday, as rising Chinese automakers race to u...
Autos & Transportation
Renault first-half sales volumes slip on Chinese competition
Renault reported a slight drop in sales volumes for the first half of the year on Thursday, as rising competition in its key European market from new Chinese rivals curbed growth...
Autos & Transportation
CSX second-quarter profit, revenue rises on intermodal demand
U.S. railroad operator CSX on Wednesday reported a rise in second-quarter profit and revenue, as strong intermodal shipments and higher pricing helped offset a challenging freigh...
Autos & Transportation
Ford and Geely strike deal for EV production at Spanish plant, ABC reports
Ford Motor and China's Geely have struck a landmark deal under which the U.S. automaker will sell part of its Almussafes plant near Valencia, paving the way for Geely to manufact...
Autos & Transportation
US Senate panel approves bill to crack down on Chinese vehicles
The U.S. Senate Commerce Committee approved legislation to toughen a U.S. government ban on Chinese automakers entering the American market that could potentially bar Mercedes-...
Autos & Transportation
US Senate panel to vote on Chinese vehicle crackdown bill
The U.S. Senate Commerce Committee is set to consider bipartisan legislation to toughen a U.S. government ban on Chinese automakers entering the American market but some provisi...
Autos & Transportation
Tesla expands robotaxi service to Orlando, Tampa ahead of earnings
Tesla on Tuesday expanded its robotaxi service to Orlando and Tampa, as the electric-vehicle maker races to prove that it can scale its autonomous ride-hailing business beyond it...
Autos & Transportation
US Treasury's Bessent tells Fox Business 50% Canada tariffs are 'reciprocity'
U.S. Treasury Secretary Scott Bessent said on Tuesday that the 50% tariffs on a range of imports from Canada were "reciprocity" for trade actions by Ottawa on U.S. dairy, alco...
Autos & Transportation
Mobileye to supply Stellantis with cloud-based driver assistance technology
Mobileye Global will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for ...
Autos & Transportation
GM quarterly core profit rises 30% on truck and SUV strength
General Motors lifted its earnings outlook for the year on Tuesday after posting a 30% increase in second-quarter core profit on the back of profitable SUV and truck sales.
Autos & Transportation
Tesla cash burn to test investor faith in AI bets
Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those ...
Autos & Transportation
Chinese car sales in Mexico surge despite new tariffs
Mexican sales of Chinese-brand vehicles jumped nearly 30% in the first six months of the year despite steep tariffs imposed in January that were intended to slow the rise of Asian...
Autos & Transportation
Wall St futures climb ahead of this week's megacap earnings
U.S. stock index futures rose on Monday, following last week's chip-stocks-led pullback, as investors awaited a key slate of earnings that could test Wall Street's AI-driven rall...
Autos & Transportation
Suzuki's no-frills cars once ruled India. Then buyers demanded frills.
For some 40 years, Suzuki cars dominated India's roads.
Autos & Transportation
Boeing on track for 2028 Air Force One delivery, costs rise
Meeting that target will require more spending on a program already billions over budget.
Autos & Transportation
China bets on faster state-backed projects to shore up growth, avoid broad stimulus
China can stabilise economic growth this year by accelerating already-budgeted national infrastructure investment projects, economists and one government adviser said, reducing the...
Autos & Transportation
German state minister says higher tariffs could boost Chinese interest in VW plant
The European Union should consider raising tariffs on cars made in China to increase pressure on Chinese automakers to partner with European manufacturers such as Volkswagen , a ...
Autos & Transportation
GE Aerospace says it is supporting Boeing's 787 production ramp-up
GE Aerospace CEO Larry Culp said on Thursday that shipments of GEnx engines for Boeing's 787 Dreamliner had risen sharply, pushing back against concerns that engine delays could h...
Autos & Transportation