News
Nissan agrees to $98 million settlement on Takata economic loss claims
09 August 2017, 08:00Nissan agreed to a $97.7 million settlement to resolve class-action consumer economic loss claims in the U.S. tied to the recall of 4.4 million vehicles with Takata airbag inflators.
Intel finalizes $15 billion Mobileye acquisition
09 August 2017, 08:00Intel has completed its $15 billion acquisition of autonomous driving tech company Mobileye. The finalized acquisition cements Intel's efforts to break into the autonomous vehicle market.
Faraday to lease former tire plant in California
08 August 2017, 08:00Struggling EV startup Faraday Future will use an existing California factory for its first production vehicle, due in 2018, pivoting from an earlier plan to build a plant in Nevada.
As Toyota and Mazda scour the U.S., Mississippi opens arms
08 August 2017, 08:00As Toyota and Mazda begin to scour the U.S. for where to put the first auto assembly plant announced under President Donald Trump, one state looks like a frontrunner: Mississippi.
For Toyota, it's all about newcomer status
08 August 2017, 08:00Some governors probably shouldn't bother making a quick call to Toyota City or Plano, Texas, home to Toyota's new North American headquarters, to land America's newest auto factory.
Sunny outlook persists as sales slide deepens
08 August 2017, 08:00July marked the steepest year-over-year decline for U.S. new-vehicle sales since 2010 and the industry's seventh down month in a row, yet there's no sign of panic.
Tesla seeks $1.5 billion to fund Model 3 production
07 August 2017, 08:00Tesla intends to raise about $1.5 billion in a bond offering as it seeks to fund the production of the Model 3.
AutoNation to stick with 1-price despite drag on used margins
07 August 2017, 08:00AutoNation is sticking by its commitment to a one-price model on used-vehicle sales, even though the switch dragged down the retailer's used-vehicle margins in the second quarter.
BMW's 'future-proof' EV strategy
07 August 2017, 08:00BMW is planning combustion, hybrid and electric versions of its core nameplates. The strategy will allow the automaker to flex production depending on what is selling better.
Pressure on NAFTA talks to hit deadlines
07 August 2017, 08:00Trade negotiations usually take years of detailed work to hash out agreements. In the case of the North American Free Trade Agreement, the three governments will race to finalize a deal before other events complicate matters.