Edition:
United States

Autos

Auto industry cautious as China starts 2020 with forecast of a 2% sales decline

Automakers in China need to get used to a new normal of "low speed growth" in the world's largest car market, the country's top auto body said on Monday, as it reiterated predictions that sales will likely shrink for the third consecutive year in 2020.

More than 400,000 German jobs at risk in switch to electric cars: Handelsblatt

The shift to electric vehicles could cost 410,000 jobs in Germany by 2030, daily Handelsblatt reported on Monday, citing government advisers.

China vehicle sales fall 8.2% in 2019: industry association

Auto sales in China fell 8.2% in 2019, data from the country's biggest auto industry association showed on Monday.

Ford's China vehicle sales drop 26% in third straight year of decline

Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.

China's BYD names former GM president Kevin Wale as senior adviser

老虎机技术打法China's BYD Co Ltd said on Monday it has appointed Kevin Wale, former General Motors (GM) China President, as a senior adviser to the electric car maker's chairman.

New diesel cars exceed particle limits: EU environmental group

New diesel vehicles are exceeding the limit for particle emissions, European campaign group Transport and Environment (T&E) said on Monday, calling on EU lawmakers to make emissions testing and regulations stricter.

Peugeot family aims to quickly raise PSA-Fiat Chrysler stake: newspaper interview

老虎机技术打法The Peugeot family, which will own a 6.2% stake in the new carmaker resulting from PSA and Fiat Chrysler's merger, aims to increase its holding as soon as possible, a representative said in a newspaper interview.

Pirelli expects more predictable F1 after 2020 tire decision

Formula One is likely to be more predictable this season after teams opted to stick with last year's tire specification, according to Pirelli's racing head Mario Isola.

China says no significant cut in new energy vehicle subsidies in 2020

老虎机技术打法China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country's industry ministry as saying on Saturday.

Japan seeks Interpol wanted notice for Carlos Ghosn's wife

Japanese authorities have requested the International Criminal Police Organization (ICPO) for an Interpol wanted notice for the wife of former Nissan Motor boss Carole Ghosn, local media reported on Saturday.

Mercedes-Benz to build smart brand cars with Geely in China's Xi'an: senior exec

老虎机技术打法Mercedes-Benz will build smart-branded electric cars with Zhejiang Geely Holding Group [GEELY.UL] in the Chinese city of Xian from a base with annual capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG said on Saturday.

GM to revive Hummer name with electric pickups, SUVs: sources

老虎机技术打法General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star LeBron James, two people briefed on the matter said on Friday.

Ford Mustang driven by Steve McQueen in 'Bullitt' sells for $3.4 million

老虎机技术打法The 1968 Ford Mustang GT that Steve McQueen drove in the classic car chase from the movie "Bullitt, one of the most famed cars from American cinema, sold for $3.4 million at auction in Florida on Friday, Mecum Auctions said.

Soaring SUV sales keep carmakers on collision course with climate policy

老虎机技术打法Soaring demand for SUVs drove record sales for premium carmakers including BMW and Mercedes last year, leaving the industry on collision course with government efforts to tackle global warming despite big investments in electric vehicles.

Factbox: Global passenger car sales by luxury brand

Carmakers Daimler BMW Audi and Jaguar Land Rover released annual sales figures for their premium brands.

China's Geely in talks to take stake in Aston Martin

老虎机技术打法China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the luxury carmaker, according to a source close to the discussions and a report by the Financial Times, sparking a sharp jump in the British company's share price.

Lebanon may lift Ghosn's travel ban if files not received within 40 days: caretaker justice minister

Lebanon may lift a travel ban on ousted Nissan boss Carlos Ghosn if files pertaining to his case do not arrive from Japan within 40 days, caretaker justice minister Albert Serhan said in a statement on Friday.

Japan failed to arrange fair trial for Ghosn: French lawyer

老虎机技术打法Former Nissan boss Carlos Ghosn's lawyer on Friday told Japan's government that the authorities had failed to arrange for a fair trial that respected universal rights.

Belgian police cars deemed too dirty to enter cities

老虎机技术打法Belgium's federal police have fallen foul of tighter emissions controls that entered force at the start of the year, with a number of its cars and vans now too dirty to enter the cities of Brussels, Antwerp and Ghent.

View More

Business News Video

Transportation News