News
Nissan names Munoz to lead China expansion
14 March 2018, 08:00Nissan said its Chief Performance Officer Jose Munoz would become head of its China operations, leading the Japanese automaker's ambitious expansion in the world's largest auto market.
Lexus launching yacht in pursuit of pizzazz to catch Mercedes
14 March 2018, 08:00Lexus thinks it finally has a way to catch up with Mercedes in luxury-car sales: Go into the high-end boat business.
VW aims to double U.S. market share to 5% in 10 years
14 March 2018, 08:00The global head of Volkswagen said the brand is aiming for "around 5 percent market share" in the United States in the next ten years, a goal that would more than double its current position.
Tesla loses another senior executive amid Model 3 struggle
14 March 2018, 08:00Tesla has lost two of its most senior financial executives in short succession within weeks of when the electric-car maker will give an update on the Model 3 sedan that it's struggled to mass produce.
VW will lean on battery suppliers to power electrification blitz
13 March 2018, 08:00Armed with a product plan stacked with full-electric and hybrid vehicles, Volkswagen Group will rely on suppliers with greater battery expertise, CEO Matthias Mueller said.
General Motors said to plan Airbnb-like service for sharing vehicles
13 March 2018, 08:00General Motors plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren't using them, people familiar with the matter told Bloomberg.
Hyundai's ad agency puts chief creative officer on leave amid harassment charges
13 March 2018, 08:00Hyundai's ad agency Innocean has put chief creative officer Eric Springer on leave amid sexual harassment allegations, the latest case of a prominent ad executive being accused of impropriety.
Shanghai government says Tesla talks on track despite Musk outburst
13 March 2018, 08:00Talks between Telsa and Shanghai authorities over building a manufacturing plant remain on track, the city government said, easing concerns of a breakdown in negotiations after the EV maker's CEO criticized Chinese trade rules last week.
GM's Ammann: 'Shared sacrifice' needed to fix Korea unit
13 March 2018, 08:00GM President Dan Ammann says the automaker's troubled South Korean operations can be a "sustainable, profitable business," if unions and the South Korean government agree quickly on a restructuring.
Tesla suspended Model 3 production in late February
12 March 2018, 08:00Tesla temporarily suspended production of the Model 3 electric sedan at its lone auto plant for a week in late February, a planned breather that ultimately may help increase output of the closely watched vehicle.