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Auto

Daimler CEO says Li Shufu partnership requires consensus from BAIC


Daimler CEO Dieter Zetsche on Tuesday welcomed Geely Chairman Li Shufu as a new shareholder and said any industrial alliance will depend on whether current China partner BAIC agrees.
Posted on March 6, 2018 by admin by admin
Auto

BMW CEO says car tariffs will hurt U.S. jobs


Tariffs on car imports in the United States, if implemented, would hurt jobs in the world's second-largest car market, the CEO of BMW said.
Posted on March 6, 2018 by admin by admin
Auto

Tesla investors urged not to give Musk $2.6 billion award


Tesla shareholders should reject a plan to grant Elon Musk an award worth more than $2 billion, the world's second-biggest proxy adviser recommended.
Posted on March 6, 2018 by admin by admin
Auto

VW still bullish on U.S. shows; Ratan Tata shows up in Geneva


Volkswagen remains bullish on U.S. auto shows, including the one in Detroit.
Posted on March 6, 2018 by admin by admin
Auto

Marchionne calls for cooling-off on U.S. trade rhetoric


Fiat Chrysler CEO Sergio Marchionne called for a cooling-off over U.S. threats to impose tariffs on steel, aluminum and European car imports, warning the resulting "noise" was complicating talks on the future of NAFTA.
Posted on March 6, 2018 by admin by admin
Auto

U.S. offers Canada-Mexico tariff waiver to ease NAFTA path


the Trump administration has offered to exclude Canada and Mexico from tariffs on steel and aluminum as an incentive to reach a deal on a new NAFTA before a string of elections make it difficult.
Posted on March 6, 2018 by admin by admin
Auto

4-door AMG GT to come in 3 variants


Mercedes-AMG launches first four-door sports car in the GT line.
Posted on March 6, 2018 by admin by admin
Auto

Auto industry rejects Trump’s tariff threats


Automotive companies on both sides of the Atlantic pushed back on President Donald Trump's talk of a trade war with Europe using a similar refrain: Everyone will suffer if his rhetoric becomes reality.
Posted on March 6, 2018 by admin by admin
Auto

Opel’s void stirs ghosts of Geneva’s past


In Detroit, they can't stop talking about Mercedes-Benz's decision to skip the auto show next January. But stranger for me was walking into the Palexpo and not seeing Opel at its accustomed spot.
Posted on March 6, 2018 by admin by admin
Auto

Hyundai recalls 43,941 U.S. vehicles on steering wheel detachment risk


Hyundai is recalling nearly 44,000 vehicles in the United States because the steering wheel may detach from the steering column while the vehicle is being driven, increasing the chance of a crash.
Posted on March 5, 2018 by admin by admin

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