News - Auto News

Why some VW diesel owners in Germany could face de-registration

Germany's federal motor vehicle authority has warned that owners of some VW diesel vehicles who fail to have manipulated emissions software fixed could have their cars taken off the road.

Tearful Elon Musk tells NYT nobody reviewed Tesla funding tweet; SpaceX may help bankroll going-private transaction

Elon Musk said nobody reviewed his tweet about the plan to take Tesla private before he posted it, the New York Times reported, citing an interview in which Musk frequently teared up.

Former Autoliv boss outlines new goals at spinoff Veoneer

As CEO of Autoliv, Jan Carlson spearheaded the spinoff of the Swedish supplier's active-safety business into a new publicly traded company, Veoneer, which he now heads.

Why Toyota is expanding in China

Toyota will expand capacity at its auto plant in China's Guangzhou, a company source told Reuters, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year.

How did Elon Musk come up with the $420 buyout figure?

As some Tesla watchers suspected, CEO Elon Musk had a hidden meaning behind the $420-per-share figure he announced last week for taking Tesla private.