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Toyota is closing its Russian plant; might sell it

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 M Hybrid V8 begins next phase of testing

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…

Auto industry must share info to deter hackers

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…

Tesla preps for production surge at German plant

Tesla's first European factory Germany is picking up its pace of production, with the ramp-up going "very well," according to the electric-car manufacturer. Tesla announced the boost in output of Model Y SUVs at an information day held at…