Has Tesla finally turned corner on profit promise? Auto News

After months of "production hell," then a period of mayhem involving Elon Musk, Tesla may finally be entering a new era -- one in which it makes money.

from Automotive News Breaking News Feed https://ift.tt/2R9ozJL
Source Auto News

Has Tesla finally turned corner on profit promise? Auto News

After months of "production hell," then a period of mayhem involving Elon Musk, Tesla may finally be entering a new era -- one in which it makes money.

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

CEOs at Hyundai, Kia pledge cooperation with U.S. over rash of firesAuto News

The global bosses at Hyundai and Kia are still weighing a congressional call to have their top U.S. executives testify about a rash of reported noncollision fires in their vehicles as they work with regulators to address safety concerns.

from Automotive News Breaking News Feed https://ift.tt/2ApmCn7
Source Auto News

Ford will halt production Spain for 9 days because of low demandAuto News

Engine production will also be halted for 13 days next month, a company spokesman said. Part of the Spanish production of Ford engines is sent to Canada for assembly of its Edge model.

from Automotive News Breaking News Feed https://ift.tt/2D0yw9B
Source Auto News

Explosion, fire reported at supplier Meridian's plant in CanadaAuto News

An explosion and fire has idled production at auto supplier Meridian in Southwestern Ontario, according to local media there.

from Automotive News Breaking News Feed https://ift.tt/2Ap7INN
Source Auto News

Ford announces new CEO for China, several restructuring movesAuto News

Ford said it appointed a new head of its China operations to help turn around flagging sales in the world's largest auto market. It also announced several other China initiatives.

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

Tesla Critic’s U-Turn Lifts Shares (10/23/18)

Tesla critic’s U-turn lifts shares; Dyson to build EVs in Singapore; Four straight wins for Ford...
from TumblrCynthia Lin

Why GM is expanding Maven's peer-to-peer car-sharing programAuto News

General Motors plans to expand its Maven peer-to-peer car sharing initiative to 10 cities by the end of the year.

from Automotive News Breaking News Feed https://ift.tt/2yWCc7S
Source Auto News

Nvidia's first autonomous safety report promotes simulationsAuto News

Simulated test drives enable the company to "catch a lot of things we wouldn't be able to catch otherwise, or which would take forever to see in the real world."

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

Asbury net income surges on gains in FandI, parts and serviceAuto News

Asbury Automotive's net income surged in the third quarter, driven by increases in the company's finance and insurance and parts and service business lines. The company also lifted its revenue.

from Automotive News Breaking News Feed https://ift.tt/2PkO0L2
Source Auto News

Asbury net income surges on gains in FandI, parts and serviceAuto News

Asbury Automotive Group Inc.'s net income surged in the third quarter, driven by increases in the company's finance and insurance and parts and service business lines. The company also lifted its revenue.

from Automotive News Breaking News Feed https://ift.tt/2PmMW9w
Source Auto News

Why these three vehicles will get my votes for North American Car and Truck of the YearAuto News

Last week I was one of 57 jurors who drove 70 vehicles that are semifinalists for the North American car, truck and utility of the year awards. Here's my early picks for winners and losers.

from Automotive News Breaking News Feed https://ift.tt/2R83bEC
Source Auto News

BMW expands recall on fire risk to 1.6 million diesel vehiclesAuto News

The voluntary service action follows a BMW investigation that found coolant could leak from the car's exhaust recirculation unit.

from Automotive News Breaking News Feed https://ift.tt/2q4f7fj
Source Auto News

Subaru halves profit forecast in fallout from faulty inspectionsAuto News

The inspections violated transport ministry norms and eventually led to the recall of 395,000 vehicles.

from Automotive News Breaking News Feed https://ift.tt/2EGT9JA
Source Auto News

Dyson picks Singapore to build electric carsAuto News

The choice of Singapore -- which doesn't have a single car-manufacturing plant and is one of the costliest places in the world to buy an automobile -- comes as Tesla zeroes in on establishing a factory in China.

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

Faraday plans layoffs, temporary pay cuts after funding disputeAuto News

The electric-vehicle maker said it will lay off some employees and cut staff salaries by 20 percent because of "financial difficulty" following a dispute with its property-tycoon backer.

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

Faraday plans layoffs, pay cuts after funding disputeAuto News

Faraday Future said it will lay off some employees and cut staff salaries by 20 percent because of "financial difficulty" following a dispute with its property-tycoon backer.

from Automotive News Breaking News Feed https://ift.tt/2yqj8zl
Source Auto News

Rolls-Royce names veteran BMW exec as manufacturing bossAuto News

Johann Wolff began his career at BMW as an apprentice before going on to manage several BMW foundries as a master craftsman in foundry pattern making.

from Automotive News Breaking News Feed https://ift.tt/2Jar3Vs
Source Auto News

BMW expands recall on fire risk to 1.6 million diesel vehicles in Europe, AsiaAuto News

The voluntary service action follows a BMW investigation that found coolant could leak from the car's exhaust recirculation unit.

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

FCA's Magneti Marelli sale offers chance to fulfill Marchionne dividend vowAuto News

Fiat Chrysler has not paid a dividend since it was formed in 2014, but the automaker now has the chance to change this following its sale of supplier Magneti Marelli.

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