Auto industry tells Commerce Dept. to ditch tariff proposalAuto News

A wide spectrum of auto interests, armed with the latest impact studies, warned at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers.

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Making a Case Against Higher Tariffs (7/19/18)

Groups make case against higher tariffs, A hint from Wilbur Ross, Workers and lawmakers rally; Japan...
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Why a Japan conglomerate is spending $1.1 billion to buy a Tier 2 interiors supplierAuto News

Asahi Kasei, as part of a long-term strategy to triple its automotive business, said it plans to acquire U.S. interiors supplier Sage Automotive Interiors in a deal valued at $1.1 billion.

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Iron Man edition unveiled for Hyundai KonaAuto News

Hyundai is extending its Marvel collaboration with a special Iron Man edition of the Kona subcompact crossover. The version is scheduled to be unveiled Thursday at Comic-Con in San Diego.

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Fiat Chrysler prepares for Magneti Marelli spinoffAuto News

Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, Reuters reported.

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Tesla's battery maker suspends cobalt supplier amid sanctions concernAuto News

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions.

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U.S. tariffs may raise cost of insurance, parts; car thefts could riseAuto News

A threat by the government to impose tariffs of up to 25 percent on imported auto parts could hit American consumers in unexpected ways: higher repair and insurance costs along with the theft of more cars for their parts, the industry said.

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Actor Mark Wahlberg buys Chevy dealership in OhioAuto News

Hollywood star Mark Wahlberg, known for both hit movies and his entrepreneurial efforts in the restaurant and nutrition supplements industries, is getting into the car business.

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Ross says it's 'too early' to say if U.S. will impose auto tariffsAuto News

Commerce Secretary Wilbur Ross said it was "too early" to say if the United States would impose tariffs of up to 25 percent on imported cars and parts.

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Asahi Kasei to buy interiors supplier Sage for $1.1 billionAuto News

Japan's Asahi Kasei said it would buy U.S. automotive interior supplier Sage Automotive for $1.06 billion, including debt.

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Audi CEO Stadler appeals for release from German custodyAuto News

Audi's suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail.

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Vietnam's Vinfast will unveil Italian-designed SUV and sedanAuto News

Vietnamese automaker Vinfast will use the Paris auto show to raise its global profile by unveiling two production-ready models, designed by Italy's Pininfarina.

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2018 Volvo XC60 output for U.S. shipped from China to Europe to avoid Trump's tariffsAuto News

Volvo is shifting XC60 production for the U.S. market to Europe from China to avoid Washington's new tariffs on Chinese imports.

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Trump says visit by EU officials will focus on car tariffsAuto News

President Donald Trump cited car tariffs as "the big one" among U.S.-EU trade irritants. He said the U.S. has tremendous powers if the EU does not bring a "fair" offer to Washington next week.

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Volvo expects record full-year sales despite trade tensionsAuto News

Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).

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Volvo expects record sales despite trade tensionsAuto News

Volvo said it was on track for a fifth consecutive year of record vehicle sales despite rising trade tensions after second-quarter operating profit rose 29 percent to 4.2 billion Swedish crowns ($474 million).

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