News 
German carmakers optimistic on 2018 growth despite looming tariffs
03 July 2018, 08:00German auto trade body VDA said it now expects Germany's market to grow by 1 percent to around 3.5 million vehicles this year, compared with a previous guidance for 3.4 million.
Panasonic to consider more investment in Tesla's Gigafactory if asked
02 July 2018, 08:00Panasonic's initial investment in Tesla's battery plant is almost complete, and the electronics maker has not made any decisions on whether to pledge further funds.
EU warns U.S. of major hit if car tariffs imposed
02 July 2018, 08:00The EU has warned the U.S. that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports.
Nissan abandons $1 billion battery unit sale to Chinese fund
02 July 2018, 08:00Nissan abandoned a $1 billion deal to sell its electric-battery business because the prospective buyer -- Chinese private equity firm GSR Capital -- failed to raise the money required. Nissan and GSR were due to close the transaction by June 29.
CarMax boosts online buying
02 July 2018, 08:00CarMax is taking its multiple online pilots and creating one e-commerce platform for consumers who want to buy a car over the Internet.
Magna International's CEO Don Walker plants deeper stake in electronic vehicle technology
02 July 2018, 08:00Magna's CEO has a Jaguar EV in production in Austria, deals in China to deliver EV systems and a tie-up with Lyft to make its cars self-driving.
Toyota sees chance to grow stronger as Camry rivals drop out
30 June 2018, 08:00Toyota is treating plummeting U.S. car sales as an opportunity, not as a worrisome trend threatening one of its biggest strengths.
Will electric Subaru Forester help Japan consumers forget about the fuel data scandal?
30 June 2018, 08:00Incoming Subaru President Tomomi Nakamura is banking on the redesigned Forester to stoke U.S. sales and help rebuild the brand's tarnished image at home.
Ford works with dealers to recruit students as shop techs
30 June 2018, 08:00Ford, in collaboration with its dealers, is launching a series of coordinated grass-roots recruiting efforts to add about 5,000 technicians across its network within two years.
2 charged in identity fraud scheme affecting 6 New York car dealerships
30 June 2018, 08:00Two men are accused of taking part in an elaborate identity fraud scheme that permitted them to purchase five high-priced vehicles from different dealerships about 40-50 miles north of New York City.