Lyft boosts round to $1.5 billion, led by Alphabet unitAuto News

Lyft said its recent funding round is growing 50 percent to $1.5 billion, giving the ride-hailing startup more financial firepower to compete with its larger, troubled rival Uber.

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SpaceX seen by analyst as potential suitor If Tesla struggles, Musk wandersAuto News

A Morgan Stanley analyst said Tesla could struggle on its own and that Elon Musk's attention may wander more toward his other-worldly endeavors, potentially leading to a combination with SpaceX.

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Lexus readies crossover flagship conceptAuto News

Lexus is readying a crossover concept that it's calling a new "flagship," perhaps mimicking a move with its car lineup where it created the new LC flagship coupe priced above $100,000. The concept will debut at the 2018 Detroit auto show next month.

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Cadillac gives dealers reprieve after 'many' miss Pinnacle sales goalsAuto News

In an acknowledgment that it lacks fresh products, Cadillac will calculate U.S. dealer compensation for 2018 based more on customer-satisfaction scores and compliance with brand standards than on meeting sales targets.

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Toyota will decide on new U.S. plant location in early 2018 Auto News

Toyota should decide by early 2018 on a site for a new U.S. assembly plant to be built with Mazda, a Toyota executive said, adding more than one state is still being considered for the factory.

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Stelco, steel maker once seen as a relic, is stirring to lifeAuto News

After decades of crisis, a renewed sense of purpose has settled over 107-year-old Stelco, which just completed the first initial public offering of a North American steel maker in seven years.

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Self-driving CEO sees 2018 as dawn of robotaxis, delivery carsAuto News

Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still "in the first inning," according to the CEO of a company working on the technology.

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Nissan to test robotaxis in Japan, aims to begin service in early 2020sAuto News

Nissan said it will test an autonomous ride-hailing service on public roads in Japan in March, aiming to officially start robotaxi rides in the early 2020s.

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Ford's China growth plan: 50 new vehicles by 2025Auto News

Ford will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the automaker said at an event in Shanghai.

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General Motors first to offer in-car purchases of goods, services via Marketplace appAuto News

General Motors is launching a new in-vehicle app named Marketplace that will allow drivers to pay for goods such as gasoline or coffee and schedule service through their infotainment systems.

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Toyota will decide on new U.S. plant location in early 2018 Auto News

Toyota should decide by early 2018 on a site for a new U.S. assembly plant to be built with Mazda, a Toyota executive said, adding more than one state is still being considered for the factory.

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Auto sector escapes big hits in Senate tax bill Auto News

The auto industry fared better, on balance, in the tax bill that narrowly passed the Senate on Saturday than in the earlier House version. Now the industry will try to hold onto those gains.

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Automakers can begin applications for Takata restitutionAuto News

Automakers that installed faulty Takata airbags can now apply for compensation, the special master in charge of managing the $850 million restitution fund said Monday.

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Ohio firm eyes major steel plant in Michigan to serve automakersAuto News

An Ohio steel technology firm is eyeing nearly 1,000 acres of rural Michigan farmland to build a massive steel plant along Interstate 69. GM and Tesla may have interest in the project.

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Toyota’s Hollis on Midsize-Car Growth, Mobility Matters (12/4/17)

Toyota’s Hollis on midsize-car growth, mobility matters; Cadillac’s camouflage strategy;...
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Time Dealer of the Year nominees announced Auto News

Forty-seven U.S. auto dealers have been nominated by automotive trade associations for the 2018 Time Dealer of the Year Award, sponsored by Ally.

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Time Dealer of the Year nominees announced Auto News

Forty-seven U.S. auto dealers have been nominated by automotive trade associations for the 2018 Time Dealer of the Year Award, sponsored by Ally.

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NISSAN: A Nov. high behind crossover, truck surge Auto News

U.S. sales at Nissan North America jumped 18 percent to 135,985 in November -- a record for the month -- behind a surge in light trucks and steady rise in car sales.

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Why the auto industry needs a new toolboxAuto News

As the auto industry perches on the edge of a drastic technological disruption, its mechanical engineering prowess is no longer enough. The autonomous and connected future is going to require a new set of tools.

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Urus SUV expected to double Lamborghini salesAuto News

In this QandA, Lamborghini's CEO discusses the brand's plans for its first SUV, possibly its first 2+2 sports car since 1968, and electrified powertrains.

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