Business

It's Time for the Auto Industry to Think Differently

September 02, 2019 at 2:29 AM

The auto industry must learn new ways of thinking and behaving to cope with fast-changing technologies, says Carla Bailo, president and CEO of the Center for Automotive Research.

GM Cuts 300 Jobs in Thailand as Sales Slump

August 30, 2019 at 1:52 PM

General Motors Co. has eliminated 15% of its 1,900-member workforce in Thailand after its sales there fell 11% to 9,200 units through the first seven months of 2019.

Report: Audi May Source EV Batteries from BYD

August 29, 2019 at 3:55 PM

Volkswagen AG’s Audi unit is in “advanced” talks with China's BYD Co. as a battery supplier for Chinese market electric vehicles, sources tell Bloomberg News.

Tesla Launches Its Own Auto Insurance Service

August 29, 2019 at 2:05 AM

Tesla Inc. has introduced its own low-cost insurance service for California buyers of its electric cars.

Amazon Ponders a Stake in Indonesia’s Go-Jek

August 28, 2019 at 2:33 PM

Amazon.com Inc. reportedly may acquire a stake in Indonesian ride-hailing service Go-Jek Group.

Toyota, Suzuki Expand Partnership

August 28, 2019 at 9:56 AM

Toyota Motor Corp. and Suzuki Motor Corp. have agreed to buy small equity stakes in each other as part of the expanding partnership between the Japanese carmakers.

Dana Buys e-Powertrain Specialist

August 28, 2019 at 8:48 AM

Dana Inc. has acquired Canada’s Nordresa Motors Inc., which integrates electric drivetrains into commercial vehicles.

Ford Exec Predicts 4-Year Life for Robo Taxis

August 26, 2019 at 6:46 PM

Autonomous ride-hailing vehicles likely will have to be replaced about every four years due to high usage rates, according to a Ford Motor Co. executive.

Volvo Updates Subscription Service

August 26, 2019 at 4:53 PM

Volvo Car Corp. is updating its vehicle subscription plan to include more models and give dealer’s greater access and flexibility.

Conti Ponders Plant Closures

August 26, 2019 at 1:16 AM

Continental AG reportedly may close as many as nine of its 32 powertrain factories and shed 4,000 jobs as part of a major restructuring effort.

Report: VW to Invest in China Supply Base

August 23, 2019 at 10:37 AM

Volkswagen AG is looking at ways to strengthen its supply base in China through joint ventures or equity stakes, sources tell Bloomberg News.

Tesla to Use LG Chem Batteries in China?

August 23, 2019 at 9:29 AM

Tesla Inc.’s new electric vehicle plant in China reportedly will buy batteries from multiple suppliers, starting with South Korea’s LG Chem Ltd.