Toyota Research Institute to open autonomous testing facility in MichiganAuto News

The Toyota Research Institute plans to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Ottawa Lake, Mich.

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Former VW CEO Martin Winterkorn indicted in MichiganAuto News

Former Volkswagen CEO Martin Winterkorn was charged in federal court in Detroit with conspiring to mislead regulators about the German automaker's diesel emissions cheating.

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Musk Earnings-Call Meltdown (5/3/18)

Musk’s earnings-call meltdown; Lear closing Ont. factory amid strike; Toyota plans AV test...
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Anheuser-Busch orders up to 800 hydrogen-fueled big rigsAuto News

Anheuser-Busch said it reserved up to 800 hydrogen-fueled semi-trucks from Nikola Motor Company as part of plans to convert its dedicated long-haul fleet to renewable powered trucks by 2025.

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As Musk berates analysts, VW unleashes massive counterpunch Auto News

A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, VW said it was writing a check for batteries that almost match Tesla's entire market value.

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VW says CEO testimony sought by Congress isn't necessaryAuto News

Volkswagen said a hearing for which is seeking testimony from CEO Herbert Diess is "not necessary." VW has been corresponding with the committee since the request.

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Adient reports $168 million net loss for Q2Auto News

Adient reported a net loss of $168 million for its latest quarter, compared with a net profit of $190 million last year, dragged down by a restructuring charge caused by headwinds in the company's seat structures and mechanisms business.

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Lear to close Canada seating plant after Unifor rejects contract offerAuto News

Lear says it will close a seating plant in Ontario, Canada, after union members there rejected the latest tentative contract offer by 94 percent on May 1.

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Toyota Research Institute to open autonomous testing facility in MichiganAuto News

The Toyota Research Institute is scheduled to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Ottawa Lake, Mich.

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Ferrari Q1 earnings rise 13% on V-12 engine salesAuto News

Ferrari reported a 13 percent rise in first-quarter adjusted core earnings, helped by higher sales of its 12-cylinder models.

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Jaguar Land Rover prepares for EV future with new manufacturing chiefAuto News

Jaguar Land Rover said Grant McPherson, its current director of quality and automotive safety, will become manufacturing chief as the automaker prepares its plants for an electrified future.

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VW will get 'clear moral compass,' new CEO promises shareholdersAuto News

VW will expand its internal whistleblower system to give the automaker a clear moral compass, its new CEO, Herbert Diess, said. VW also is pondering spin-offs of non-core assets.

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Musk's most dumbfounding moments on Tesla's earnings callAuto News

During a highly unusual earnings call, Elon Musk cut off analysts and got defensive about probing questions pertaining to Tesla's finances. Tesla burned through another $1 billion.

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GM bets on 3D printers for cheaper and lighter partsAuto News

GM said it was working with design software company Autodesk to manufacture lightweight 3D-printed parts that could help the automaker meet its goals to add alternative-fuel vehicles to its lineup.

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VW weighs spin-offs of non-core assetsAuto News

VW is pondering spin-offs of non-core assets such as motorcycle maker Ducati and transmissions maker Renk, as the automaker seeks to boost its efficiency and become more nimble.

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