Trump to meet with automakers to discuss U.S. fuel rules, report saysAuto News

President Trump is planning to meet with senior leaders of major automakers next week to discuss fuel efficiency rule changes through 2026, automakers and administration officials told Reuters.

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Tesla posts $785 million loss in Q1; revenues rise to $3.41 billionAuto News

Tesla continued its financial bloodletting in the first quarter, posting a net loss of $785 million on revenues of $3.41 billion. In comparison, Tesla reported a net loss of $397.2 million a year ago, on revenues of $2.7 billion.

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Cooper-Standard Q1 net income rises 36% on currency fluctuationsAuto News

Cooper-Standard's first-quarter net income rose 36 percent to nearly $57 million behind $53 million of favorable exchange rate fluctuations.

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2017 Chevy Bolts: Sensing problem may cause reduction or loss of accelerationAuto News

GM is asking owners of 2017 Chevrolet Bolt EVs to take the vehicles to dealerships to fix a battery cell sensing problem that could result in a reduction or loss of acceleration.

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New Weapon to Foil Car Hackers? (5/2/18)

New weapon to foil car hackers?; M-B holds onto U.S. luxury sales lead; Aptiv to offer self-driving...
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Volkswagen's Electrify America subsidiary replaces Mark McNabb as CEOAuto News

VW of America has cut the cord with its former head of sales in the United States, who's been laying the groundwork for more than $2 billion of planned electrical charging infrastructure.

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Lyft, Aptiv to launch self-driving fleet in Las VegasAuto News

Self-driving and connected services supplier Aptiv and ride-hailing service Lyft have inked a multiyear agreement to launch a fleet of 30 autonomous vehicles in Las Vegas.

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Fire, explosions rip through instrument panel plant in Michigan Auto News

A massive fire broke out early Wednesday at an automotive interiors plant in Michigan, injuring two workers, reports say.

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Lyft, Aptiv to launch self-driving fleet in Las VegasAuto News

Self-driving and connected services supplier Aptiv and ride-hailing service Lyft have inked a multiyear agreement to launch a fleet of 30 autonomous vehicles in Las Vegas.

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7 things to watch for in today's Tesla earnings reportAuto News

Tesla reports first-quarter earnings today after the market closes. Between now and then, investors, customers, followers and doubters will be chattering about what CEO Elon Musk has in store come late afternoon.

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GM to provide loans to Korean unit, government bank to receive shares, reports sayAuto News

General Motors' planned $3.

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FandI and sales staffs team up to sell products on used vehiclesAuto News

When FandI and sales departments team up, dealerships sell more FandI products, especially on used vehicles, finance managers and dealers say.

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Training, product sales boost FandI per vehicle gains at publicsAuto News

All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales.

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Ally's used-vehicle originations hit record highAuto News

Used-vehicle loan volume reached a record high for Ally Financial in the first quarter, signaling continued used-vehicle market opportunities for the lender as new-vehicle sales flatten.

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Tesla sued by truckmaker over alleged design patent violationAuto News

Tesla is being sued by Nikola Motor, which makes hydrogen-powered semi-trucks, in a lawsuit alleging design patent infringements.

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Investment firm opposes key nominees for VW boardAuto News

The reelection of the Porsche-Piech clan's leader and the appointment of a marketing expert to Volkswagen Group's supervisory board are being opposed by investment advisory firm Hermes EOS.

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Daimler has plan in case new Chinese shareholder turns hostileAuto News

Daimler has a back-up plan in place to protect itself from any unsolicited takeover bid should its new Chinese investor, Li Shufu, turn unexpectedly hostile.

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Lear workers at Ontario plant reject tentative deal by huge marginAuto News

Lear workers in Ajax, Ontario, widely rejected a tentative labor deal, prolonging a strike that has caused a production slowdown at a nearby Fiat Chrysler plant.

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Automakers, suppliers team up to develop blockchain technologyAuto News

GM, BMW, Renault, Bosch, ZF and IBM have formed a consortium to develop automotive uses for blockchain, the database technology known for its use in cryptocurrency.

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