Tesla urged to 'raise its game' as activist seeks board shakeupAuto News

An activist firm representing Tesla shareholders has excoriated the electric car maker, claiming that it's veered off the path to profit and urging a major overhaul of the Elon Musk-led board.

from Automotive News Breaking News Feed https://ift.tt/2I55rIO
Source Auto News

Mexico said to offer compromise on car content, wages in NAFTA talksAuto News

Mexico is opening the door to compromise on the key NAFTA issue of auto manufacturing, though it's unclear if the flexibility is enough to reach a deal with the U.S. and Canada, according to four people familiar with the talks.

from Automotive News Breaking News Feed https://ift.tt/2I6P924
Source Auto News

Audi targets 800,000 electric, hybrid car sales in 2025Auto News

Audi said it plans to sell about 800,000 battery-electric and hybrid-powered cars in 2025, when it also expects to generate an operating profit of $1.2 billion.

from Automotive News Breaking News Feed https://ift.tt/2I6MKo4
Source Auto News

Mitsubishi Motors sees annual operating profit rising 12% on Asia salesAuto News

Mitsubishi Motors said it expects operating profit to rise 12 percent in the current financial year, driven by higher vehicle sales in Asia.

from Automotive News Breaking News Feed https://ift.tt/2ruFM6c
Source Auto News

South Korea says deal to ensure GM will stay in country for at least 10 yearsAuto News

South Korea said that an impending deal with General Motors to refinance its local unit will ensure the automaker remains in the country for at least 10 years, as its rights to sell shares and assets will be curtailed.

from Automotive News Breaking News Feed https://ift.tt/2FYFdFW
Source Auto News

Toyota quarterly profit jumps 43% on cost cutting, lower expensesAuto News

Toyota's operating profit surged 43 percent in the latest quarter as cost cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.

from Automotive News Breaking News Feed https://ift.tt/2K2qlsH
Source Auto News

U.S. House, in victory for dealers, votes to curb CFPB lending guidanceAuto News

In a victory for dealers, the U.S. House voted to scrap an Obama-era rule that, to prevent discrimination in auto lending, limited dealerships' margins on vehicle loans. President Trump is expected to sign the measure.

from Automotive News Breaking News Feed https://ift.tt/2ru98Sd
Source Auto News

GM Seeks CAFE Update, ‘All-Electric Future’ (5/08/18)

GM seeks CAFE update, ‘all-electric future’; Environmentalists target Ford as automaker supports...
from TumblrCynthia Lin

Canada a key to French automaker PSA's return to North AmericaAuto News

Canada, with its French-speaking eastern provinces, will play a key role in French automaker PSA's plan to return to North America, the executive leading the effort said on Tuesday.

from Automotive News Breaking News Feed https://ift.tt/2jGENLN
Source Auto News

Uber, Army look at tech for flying carsAuto News

Uber said it would work with the Army to advance research on a novel, quiet aircraft rotor technology that could be used in future flying cars, or military aircraft.

from Automotive News Breaking News Feed https://ift.tt/2rts7LS
Source Auto News

A final goodbye to the Ford Focus, C-MaxAuto News

Ford marked a milestone Friday when the final Focus sedan and C-Max Hybrid rolled off the line at Michigan Assembly Plant -- one the automaker would apparently rather not acknowledge.

from Automotive News Breaking News Feed https://ift.tt/2KGhYUV
Source Auto News

Conventional fuel providers say EV incentives put them at disadvantageAuto News

Representatives for the oil, biofuel and fuel retail industries told a House panel Tuesday that state and federal governments are giving the electric vehicle market preferential treatment -- at their expense.

from Automotive News Breaking News Feed https://ift.tt/2rsPZiF
Source Auto News

NAFTA talks 'constructive' with focus on auto rules, Canadian minister saysAuto News

Talks with the United States on revamping NAFTA were "constructive" with the focus on efforts to broker new rules for the automotive industry, Canadian Foreign Minister Chrystia Freeland said.

from Automotive News Breaking News Feed https://ift.tt/2KLGOmr
Source Auto News

A final good-bye to the Ford Focus, C-MaxAuto News

Ford celebrated a milestone Friday when the final Focus sedan and C-Max Hybrid rolled off the line at Michigan Assembly Plant -- one the automaker would apparently rather not acknowledge.

from Automotive News Breaking News Feed https://ift.tt/2K2qook
Source Auto News

Barra: GM supports modernizing CAFE standardsAuto News

GM CEO Mary Barra says the automaker supports updated federal fuel efficiency standards, but that does not undercut GM's commitment to reducing emissions.

from Automotive News Breaking News Feed https://ift.tt/2FUf1MV
Source Auto News

Trump eyes twice-failed legal strategy to fight California regulationsAuto News

The Trump administration is preparing to battle California's tough car pollution regulations using an approach that federal courts have already rejected -- twice.

from Automotive News Breaking News Feed https://ift.tt/2FVIi9H
Source Auto News

In self-driving car race, Waymo leads traditional automakersAuto News

In the race to start the world's first driving business without human drivers, Alphabet's Waymo is ahead of traditional automakers such as GM, Mercedes and Audi.

from Automotive News Breaking News Feed https://ift.tt/2FTzj8Y
Source Auto News

Audi investigated for possible new emissions defeat deviceAuto News

German motor vehicle authority KBA is probing Audi to see whether its diesel engine A6/A7 models have been fitted with previously unknown defeat device softward, German weekly Der Spiegel said on Tuesday.

from Automotive News Breaking News Feed https://ift.tt/2jH5r7r
Source Auto News

More EU diesel exits may follow Nissan, Toyota Auto News

Nissan's decision to quit sales of diesel cars in Europe, where demand has slumped as customers worry about tax rises and looming bans, is set to see more automakers join in.

from Automotive News Breaking News Feed https://ift.tt/2rs7XT9
Source Auto News

VW's new CEO testified in U.S. on emissions scandal, report saysAuto News

VW Group CEO Herbert Diess travelled to the U.S. this month to testify to authorities about the automaker's emissions scandal, German newspaper Bild reported.

from Automotive News Breaking News Feed https://ift.tt/2FVODC7
Source Auto News