News

BorgWarner to restate certain financial statements for asbestos charges

15 June 2018, 08:00
Auto supplier BorgWarner said it would restate its financial statements for fiscal years 2015 and 2016 to re-evaluate accounting of its asbestos-related charges.

Ghosn says Renault-Nissan alliance will be reworked by 2022

15 June 2018, 08:00
Carlos Ghosn said the alliance between Renault, Nissan and Mitsubishi Motors, will be reworked by the end of his term as CEO of the French automaker in 2022.

VW could face further fines from German authorities

15 June 2018, 08:00
VW could face additional fines in Germany on top of the 1 billion euros it has been told to pay for management lapses that caused emissions cheating on 11 million VW diesel cars.

Volvo deepens ties with lidar maker Luminar to speed autonomous push

14 June 2018, 08:00
Volvo is deepening its ties with Luminar, a fast-growing maker of a lidar, which is considered vital to a self-driving car's ability to see the world around it.

Loop to O'Hare in 12 minutes: Elon Musk gets the job

14 June 2018, 08:00
Chicago Mayor Rahm Emanuel's administration selected Elon Musk's Boring Company to build and operate a super-express transit system between downtown and O'Hare International Airport.

Some fired Tesla workers still love Elon Musk

14 June 2018, 08:00
Some of the 3,000 Tesla employees who are losing their jobs have had surprisingly positive parting words to share with Elon Musk, the chief executive who let them go.

Ford's train depot purchase has ties to founding family's heritage

14 June 2018, 08:00
The blighted train depot in Detroit's Corktown neighborhood is more than a sign of the automaker's hopes to create an urban campus in the middle of the city.

Ghosn likely to step down as Renault CEO before term ends, report says

14 June 2018, 08:00
Carlos Ghosn is likely to step down as Renault CEO before the end of his term in 2022, the Financial Times reported.

FCA, UAW co-conspirators in training center scandal, prosecutors say

13 June 2018, 08:00
Federal prosecutors labeled Fiat Chrysler Automobiles and the UAW co-conspirators in the corruption scandal surrounding the UAW-FCA training center, according to a document obtained by The Detroit News.

Fiat, Jeep, Alfa Romeo will skip Paris auto show

13 June 2018, 08:00
FCA's Fiat, Alfa Romeo, Jeep and Abarth brands will not take part in this year's Paris auto show, according to French media reports. FCA joins automakers including Ford and VW brand in skipping one of Europe's top showcases for product debuts.
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