News - Auto News

Trump threatens tariffs on car imports from EU if no trade deal struck

The president has previously threatened to place duties on European auto imports, with the intent of receiving better trade terms. He has delayed imposing the tariffs a number of times.

Hyundai returns to profit as crossover sales boost margins

The better-than-expected quarterly earnings indicate that measures by Hyundai Motor heir-apparent Euisun Chung to revamp the image of the automaker are beginning to pay off.

Daimler warns 2019 profits to halve as problems deepen

Expenses for ongoing governmental and court proceedings related to diesel vehicles are hitting earnings at the maker of Mercedes-Benz cars and vans.

Ghosn's former colleague Kelly stands high chance of acquittal in Japan, ex-prosecutor says

Former Nissan director Greg Kelly could be acquitted over financial misconduct charges, according to lawyer Nobuo Gohara, a vocal critic of what he describes as Japan's "hostage" justice system.

Cruise plans ride-hailing fleet with new electric AV

The Cruise Origin, developed with Honda, is designed with more passenger space, and the driverless taxi will give ride-hailing giants Uber and Lyft another rival, Cruise CEO Dan Ammann said during the vehicle's introduction Tuesday in California.