Automotive

Fiat Chrysler CEO says met with Tesla, Apple CEOs

Fiat Chrysler Chief Executive Sergio Marchionne said on Saturday that he had visited the heads of Tesla Motors Inc and Apple Inc during a recent trip to California.


Toyota, Mazda in talks on expanding partnership: sources

Toyota Motor Corp (7203.T) and Mazda Motor Corp (7261.T) are in talks to expand their technology partnership to fuel-cell vehicles (FCVs), sources said on Saturday, as global automakers face rising costs to comply with stricter emission regulations.

GM expects to fall short of 2017 electric vehicles target

General Motors Co said it will fall short of its goal of having 500,000 GM vehicles on U.S. roads by 2017 that are powered by some form of electricity.

Tesla posts wider net loss, stands by full-year delivery target

Tesla Motors Inc (TSLA.O) Wednesday reported a wider first-quarter net loss, but outperformed expectations and stuck to key milestones for the year ahead despite pressure on margins.


Latest News

Ford Motor Co (F.N) said it was expanding a recall to include 156,000 more vehicles to fix a potential door latch malfunction.
General Motors (GM.N) on Thursday will announce a multibillion-dollar, multiyear investment in several U.S. manufacturing plants in a move to boost production and vehicle quality, a person familiar with the matter said.
Ford Motor Co (F.N) said on Wednesday it is recalling more than 591,000 vehicles in North America for four separate problems, including possible broken bolts that could make steering more difficult.
Cost cutting and an improving European car market helped Volkswagen (VOWG_p.DE) beat first-quarter profit forecasts, easing the pressure on management following the shock ouster of long-standing chairman Ferdinand Piech.
Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas.
Ford Motor Co (F.N) reported a first-quarter profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck, and losing money in South America.
The premier of the German state of Lower Saxony, which owns 20 percent of Volkswagen (VOWG_p.DE), said the resignation of VW Chairman Ferdinand Piech announced on Saturday was necessary to create clarity about the carmaker's leadership.
Sweden's Volvo Cars will produce at its Belgian factory a small car based on a common platform and engine technology developed with Chinese parent Zhejiang Geely Holding Group [GEELY.UL], Volvo's chief said.
German carmaker Volkswagen (VOWG_p.DE) is considering cooperating with China's Great Wall (601633.SS) on a new budget model, Germany's Manager Magazin reported on Wednesday, citing company sources.
Volkswagen (VOWG_p.DE) is exploring the possibility of developing budget sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) in China in a bid to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said on Sunday.
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