auto

BERLIN -- BMW expects to reach the higher end of its 7-9 percent margin target for the cars business and sees slight sales growth in 2023, Chief Financial Officer Nicolas Peter said. Demand was recovering in China in the third quarter…

Maruti Suzuki India has officially launched the Grand Vitara today in the country starting at Rs 10.45 lakh (ex-showroom). Bookings of the Grand Vitara are open and customers can get their hands on the vehicle by…

Ford Motor Co.'s warning last week that its third-quarter earnings will be marred by higher-than-expected supplier costs and a lack of parts is the latest sign of the lingering supply chain woes plaguing the industry. The automaker said…

TOLEDO, Ohio -- General Motors said on Friday it will invest $760 million at its Toledo, Ohio, factory to build drive units for electric trucks, the automaker's first U.S. powertrain facility repurposed for EV-related production. Th…

In a related move, Tesla now plans to construct a battery-grade lithium hydroxide refining operation in either Texas or in Louisiana, according to Reuters, citing an application filed with the Texas Comptroller's Office.The project would…

These hybrid engineers are helping Continental develop its foray into intelligent intersections, an advanced safety concept of interwoven vehicle communications that uses data from buildings and other vehicles to be able to see what's…

At Tesla's "AI Day" Friday, Sept. 30, Musk plans to unveil a prototype from its project Optimus, an allusion to the leader of the Autobots in the Transformers series. Production could start next year, he said. At the company's 2021 event,…

DETROIT — It's been 11 years since Ram offered a midsize pickup, and it appears the brand is considering getting back into the segment. Before it makes a move, Ram wants dealers to get a look at its vision. Ram CEO Mike Koval Jr. said he's…

DETROIT — General Motors on Friday said all employees who have been working remotely must report to an office at least three days a week starting later this year, modifying the flexible and intentionally vague "Work Appropriately" approach…

North American vehicle production jumped 23 percent in August to 1.39 million, according to the Automotive News Research & Data Center. Monthly production has topped the year-earlier period for seven straight months, as chip supply has…

GRAND RAPIDS — Economic developers confirmed Friday that electric vehicle battery maker Gotion Inc. is planning a nearly $2.4 billion factory near Big Rapids, aiming to create 2,350 jobs in the next decade. An application submitted to the…

The automaker said it will keep a restructured organization in Russia to provide service to existing Toyota and Lexus customers. Employees will be offered assistance for re-employment, re-skilling and well-being in addition to financial…

BMW's M Hybrid V8 debuted in its racing livery at the Petersen Automotive Museum in Los Angeles this week and will now undergo a new phase of testing in the U.S. Since its July unveiling, the BMW M Hybrid V8 has put "important kilometers…

New Delhi: Mahindra Group and British International Investment have committed USD 500 million (over Rs 4,000 crore) capital for the electric sports utility vehicle space, according to a company spokesperson. Impact…

San Francisco: Elon Musk-run Tesla has recalled around 1.1 million vehicles to prevent drivers from getting pinched by the windows while being rolled up. The windows in these Tesla cars would not recognise certain…

Sources said the Pontiac lease is expected to provide space so GM can move operations currently housed in its Orion Assembly plant, which produces the Chevy Bolt EV. The AMC property, if the deal comes to fruition, would be for Factory…

China's top oil and gas producer PetroChina has joined leading auto group SAIC Motor Corp. and battery maker CATL in setting up a joint venture to supply swappable batteries for electric vehicles, parent company CNPC said on Thursday. CNPC…

Honda, the Japanese carmaker, accidentally overpaid bonuses to its employees at the Marysville, Ohio vehicle plant. According to reports, the bonus was paid earlier this month. The carmaker has now asked employees…

TOKYO – Toyota is feeling the bite of the semiconductor crunch again. Despite efforts to ramp up output over the summer, the world’s biggest automaker said persistent supply chain troubles will force it to cut its global production plan by…

San Francisco: Automaker Hyundai and its subsidiary Kia have been sued in the US for a defect in their cars that was exposed in a trending TikTok challenge which resulted in vehicle thefts soaring across the…

ANN ARBOR, Mich. — The redesigned Mitsubishi Outlander and its about-to-arrive plug-in hybrid variant are more than an infusion of new blood into an anemic product lineup of just four nameplates for the Japanese automaker. The midsize…

SHANGHAI -- Chinese electric-car startup Nio is looking to grab a share of Europe’s growing market for electric vehicles by rolling out a battery leasing and swapping network to cut costs for users, its co-founder, Qin Lihong, told…

Green Township Supervisor Jim Chapman confirmed there is a special meeting scheduled Monday when the applicant — which he would not confirm as Gotion but said is a Chinese battery manufacturer — will go before Green Township, Big Rapids…

The Mirafiori complex will also become the company's main hub for its so-called 'circular economy' business, focusing on reconditioning and dismantling of vehicles and reusing components, with Tavares seeing a prolonged shortage of raw…

New York: Amid the fires and explosions in electric two-wheelers continue unabated, a new report has claimed that an 8-year-old girl died after an electric scooter battery sparked a fire in the US. According to the…

British auto dealer Pendragon is in advanced discussions with BYD to be its U.K. launch partner as China’s biggest electric-vehicle maker enters the market later this year. The move is part of Pendragon’s broader efforts to boost its new…

BERLIN -- The books for Volkswagen Group's public offering of Porsche are covered multiple times on the full size of the deal, a bookrunner involved in the listing said. Indicated demand for the listing, due to take place on Sept. 29 at…

SHANGHAI -- Tesla Inc. completed a project to expand production capacity at a Shanghai assembly plant on Monday, according to a statement on a Shanghai government platform for companies' environmental information disclosures. Tesla will…

Steven D'Antuono, assistant director for the FBI's Washington field office, said such partnerships are among "the biggest tools" that law enforcement has to prevent cyber attacks. The threat has become more apparent to the industry in…

A video of the world's first flying bike is going viral on social media. The flying bike called the XTURISMO hoverbike is capable of flying for 40 minutes and can reach speeds of up to 62 mph. The XTURISMO hoverbike…