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Peugeot CEO outlines ambitious plan to re-enter U.S., go electric

DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.

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UPDATE 2-Peugeot CEO outlines ambitious plan to re-enter U.S., go electric

DETROIT, Jan 17 (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.

businessNews reuters.com

Big portion of future GM electric vehicles for China market: executive

DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.

companyNews reuters.com

U.S. carmakers have a remedy for slower sales: pickups and more pickups

DETROIT, Jan 17 (Reuters) - Overall U.S. new vehicle sales could fall for the second year in a row in 2018, but Detroit's automakers are betting they can sell more high-margin pickup trucks and sport utilities to prop up profits.

companyNews reuters.com

UPDATE 1-Mazda vows to stay independent despite deeper ties with Toyota

DETROIT, Jan 17 (Reuters) - Japan's Mazda Motor Corp on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp , the small automaker would remain a company independent from its much bigger rival.

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Mazda vows to stay independent despite deeper ties with Toyota

DETROIT, Jan 17 (Reuters) - Japan's Mazda Motor Corp on Wednesday said that while it is deepening its development and production partnership with Toyota Motor Corp , the small automaker would remain a company independent from its much bigger rival.

cnn.com

NFL star signs bumper after car crash

NFL player Leonard Fournette signed his autograph on a car bumper after having a minor car accident in Florida.

businessNews reuters.com

Ford gives disappointing outlook, says turnaround to take years

DETROIT (Reuters) - Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co .

businessNews reuters.com

Automakers, U.S. lawmakers hope for progress on self-driving car bill

DETROIT (Reuters) - Automakers and lawmakers expressed hope on Tuesday that U.S. Congress would soon pass a stalled bill aimed at speeding self-driving cars to market, even as safety advocates argued for more performance requirements.

Company Reports nytimes.com

G.M. Chief Cautions Trump Administration on Upending Nafta

Mary Barra said that the United States should not scrap the trade pact and that any changes should account for the interests of American automakers and workers.

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California-Trump administration fuel-efficiency talks intensify

DETROIT, Jan 16 (Reuters) - California and the Trump administration will hold a series of new talks over fuel efficiency rules as the auto industry still hopes for a deal to retain nationwide requirements.

technologyNews reuters.com

Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

companyNews reuters.com

Greenlight's Einhorn bets on Brighthouse, makes money on GM

BOSTON, Jan 16 (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that he made several new bets, including a "large" one on Brighthouse Financial, late last year and that he made money on automaker General Motors but lost money on Amazon and Tesla .

domesticNews reuters.com

Former Fiat Chrysler exec expected to plead guilty in payments probe: sources

DETROIT (Reuters) - Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli is expected to plead guilty in connection with a U.S. Justice Department investigation into allegations he made at least $1.2 million in improper payments to a former union vice president and his wife, two people briefed on the matter said on Tuesday.

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UPDATE 1-Former Fiat Chrysler exec expected to plead guilty in payments probe - sources

DETROIT, Jan 16 (Reuters) - Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli is expected to plead guilty in connection with a U.S. Justice Department investigation into allegations he made at least $1.2 million in improper payments to a former union vice president and his wife, two people briefed on the matter said on Tuesday.

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Former Fiat Chrysler exec expected to plead guilty in payments probe - source

DETROIT, Jan 16 (Reuters) - Former Fiat Chrysler Automobiles NV vice president Alphons Iacobelli is expected to plead guilty in connection with a U.S. federal investigation into allegations he made at least $1.2 million in improper payments to a former union vice president and his wife, a person briefed on the matter said Tuesday.

vis-multimedia nytimes.com

A Look Behind the Scenes at the Detroit Auto Show

The cars get all the attention, but it takes a lot of muscle to make one of the world’s biggest car shows happen.

businessNews reuters.com

Germany's Continental hires JP Morgan for potential break-up: sources

FRANKFURT/LONDON (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.

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Germany's Continental hires JP Morgan for potential break-up -sources

FRANKFURT/LONDON, Jan 16 (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.

companyNews reuters.com

Global carmakers to invest at least $90 billion in electric vehicles

DETROIT, Jan 15 (Reuters) - Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows.

businessNews reuters.com

Major automakers urge Trump administration: don't ditch NAFTA

DETROIT (Reuters) - Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States, Canada and Mexico can successfully conclude a modernized and improved trade pact.

businessNews reuters.com

Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.

companyNews reuters.com

UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.

businessNews reuters.com

Fiat Chrysler boss says no plans to break up company

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.

businessNews reuters.com

Game of chicken: GM bets on Mexican-made pickup trucks

SILAO, Mexico/DETROIT (Reuters) - General Motors Co's assembly plant in Silao, a city in Mexico's automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year.

businessNews reuters.com

U.S. automakers bet on diesel trucks after VW scandal

DETROIT (Reuters) - U.S. automakers are unveiling new diesel pickup trucks even as diesel sales have fallen sharply since Volkswagen AG's 2015 diesel emissions scandal.

worldNews reuters.com

Baghdad reports 'atmosphere of trust' in talks with Kurdistan region

BAGHDAD (Reuters) - Iraq's central government said "an atmosphere of trust" marked talks held on Monday with the semi-autonomous Kurdistan region to resolve a conflict that triggered armed clashes in October.

companyNews reuters.com

BRIEF-Fiat Chrysler CEO says no woman among successor candidates

Jan 15 (Reuters) - Fiat Chrysler Automobiles Chief Executive Sergio Marchionne tells reporters in Detroit:

businessNews reuters.com

German carmakers eye further U.S. market share gains in 2018: VDA

DETROIT (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.

companyNews reuters.com

German carmakers eye further U.S. market share gains in 2018-VDA

DETROIT, Jan 15 (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

companyNews reuters.com

UPDATE 1-Auto1 says no need for IPO after Softbank invests

* Auto1 operates in 30 countries, with 35,000 dealers (Updates with interview with co-founder, background)

companyNews reuters.com

UPDATE 1-VW brand car sales hit record 6.23 mln in 2017

DETROIT, Jan 14 (Reuters) - Volkswagen's core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

companyNews reuters.com

New Ram pickup notches win for steel in U.S. truck market

DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV on Monday unveiled a redesigned Ram large pickup that along with General Motors Co's new Chevrolet Silverado, which debuted on Saturday, sealed a double victory for the steel industry's fight to remain the dominant metal in the auto market.

businessNews reuters.com

Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 1-After emissions scandal, VW on U.S. comeback trail with all-new Jetta

DETROIT, Jan 14 (Reuters) - Volkswagen launched an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as it looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.

businessNews reuters.com

VW to spend more than $3.3 billion through 2020 on U.S. model expansion

DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.

companyNews reuters.com

VW to spend more than $3.3 bln through 2020 on U.S. model expansion

DETROIT, Jan 14 (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.

technologyNews reuters.com

Jaguar Land Rover to open R&D center for automated tech in Ireland

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies.

businessNews reuters.com

Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

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UPDATE 2-Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

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UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 - executive

Jan 14 (Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

Ford to increase electric vehicle investment to $11 billion - executive

Jan 14 (Reuters) - Ford Motor Co will increase to $11 billion its investments in electric vehicles, Jim Farley, the company's head of global markets, said on Sunday at the Detroit auto show.

businessNews reuters.com

VW brand car sales hit 6.23 million record in 2017

DETROIT (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

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VW brand car sales hit 6.23 mln record in 2017

DETROIT, Jan 14 (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

Automobiles nytimes.com

Detroit Auto Show May Be Celebrating an Era About to End

Three years of record sales mask signs that harder times lie ahead: bigger incentives, more fleet purchases and higher used-car values.

businessNews reuters.com

Ford unveils future Ranger pickup for segment rivals dominate

DETROIT (Reuters) - Ford Motor Co on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit automakers once gave up for dead.

businessNews reuters.com

After emissions scandal, Volkswagen on U.S. comeback trail with all-new Jetta

DETROIT (Reuters) - Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.

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After emissions scandal, VW on U.S. comeback trail with all-new Jetta

DETROIT, Jan 14 (Reuters) - Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.

companyNews reuters.com

UPDATE 1-GM's new Chevy Silverado bids for more U.S. pickup profits

DETROIT, Jan 13 (Reuters) - General Motors Co on Saturday fired a new round in the battle for profits from one of the U.S. auto industry's most lucrative segments when it showed a new generation of its Chevrolet Silverado pickup truck at Detroit's auto show.

businessNews reuters.com

GM's new Chevy Silverado bids for more U.S. pickup profits

DETROIT (Reuters) - General Motors Co on Saturday will fire a new round in the battle for profits from one of the U.S. auto industry's most lucrative segments when it shows a new generation of its Chevrolet Silverado pickup truck at Detroit's auto show.

topNews reuters.com

Las Vegas gunman emailed about bump stocks months before rampage: documents

(Reuters) - Three months before killing 58 people and wounding more than 500 in Las Vegas last October, the gunman behind the deadliest mass shooting in U.S. history sent emails discussing buying bump stocks, which can make semiautomatic rifles fire hundreds of rounds a minute, media reports on unsealed search warrants showed.

businessNews reuters.com

Ford to offer auto emergency braking on half its U.S. models in 2019

DETROIT (Reuters) - Ford Motor Co said on Friday it will offer automatic emergency braking on more than half its U.S. models in 2019, and that it is on track to equip all U.S. models with the device by 2022.

businessNews reuters.com

Volkswagen agrees to $232 million 3.0-liter Canadian emissions settlement

(Reuters) - Volkswagen AG has agreed to a settlement worth up to $232 million (C$290.5) with owners of vehicles in Canada affected by its diesel emissions-cheating scandal, the automaker said on Friday.

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Volkswagen agrees to $232 mln 3.0-liter Canadian emissions settlement

Jan 12 (Reuters) - Volkswagen AG has agreed to a settlement worth up to $232 million (C$290.5) with owners of vehicles in Canada affected by its diesel emissions-cheating scandal, the automaker said on Friday.

companyNews reuters.com

UPDATE 1-No pedal to the metal in GM's planned self-driving Cruise AV car

DETROIT, Jan 12 (Reuters) - General Motors Co is seeking U.S. government approval for a fully autonomous car - one without a steering wheel, brake pedal or accelerator pedal - to enter the automaker's first commercial ride-sharing fleet in 2019, executives said.

businessNews reuters.com

Fiat Chrysler recalls 162,000 minivans over glitch that may cause stall

WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said on Friday it was recalling more than 162,000 2017 Chrysler Pacifica minivans because a software glitch may cause the vehicles to stall.

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U.S. regulator asked carmakers to disclose any Kobe Steel safety issues - letter

WASHINGTON, Jan 12 (Reuters) - A U.S. auto regulator asked 29 carmakers to disclose if the safety of any of their vehicles or engines containing products supplied by Kobe Steel Ltd could be affected by data cheating, according to a letter seen by Reuters.

Automobiles nytimes.com

G.M. Says Its Driverless Car Could Be in Fleets by Next Year

Once federal and state agencies grant approval, the electric vehicle will be ready for production on a standard assembly line, the automaker said.

worldNews reuters.com

Pope Francis to visit Peru as Fujimori pardon roils country

LIMA/VATICAN CITY (Reuters) - Pope Francis next week visits Peru, a country divided over former autocrat leader Alberto Fujimori, whose pardon from prison by the current president has reopened wounds from one of the country's darkest periods.

companyNews reuters.com

BRIEF-Bitauto Holdings appoints Andy Zhang as Chief Executive​

* BITAUTO ANNOUNCES APPOINTMENT OF PRESIDENT ANDY ZHANG AS CHIEF EXECUTIVE OFFICER

businessNews reuters.com

No pedal to the metal in GM's planned self-driving Cruise AV car

DETROIT (Reuters) - General Motors Co is seeking U.S. government approval for a fully autonomous car - one without a steering wheel, brake pedal or accelerator pedal - to enter the automaker's first commercial ride-sharing fleet in 2019, executives said.

companyNews reuters.com

UPDATE 3-Fiat Chrysler to invest $1 bln in Michigan plant, add 2,500 jobs

DETROIT, Jan 11 (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that lowers the risk to the automaker's profit should President Donald Trump pull the United States out of the North American Free Trade Agreement.

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UPDATE 2-Fiat Chrysler to invest $1 bln in Michigan plant, add 2,500 jobs

DETROIT, Jan 11 (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that lowers the risk to the automaker's profit should President Donald Trump pull the United States out of the North American Free Trade Agreement.

businessNews reuters.com

Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs

DETROIT (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move the automaker said was enabled "by the passage of U.S. tax reform legislation" in December.

companyNews reuters.com

UPDATE 1-Fiat Chrysler to invest $1 bln in Michigan plant, add 2,500 jobs

DETROIT, Jan 11 (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move the automaker said was enabled "by the passage of U.S. tax reform legislation" in December.

environmentNews reuters.com

U.S. vehicle fuel economy rises to record 24.7 mpg: EPA

WASHINGTON/DETROIT (Reuters) - The fuel economy of new U.S. cars and trucks hit a record 24.7 miles per gallon in the 2016 model year, a government report said, even as some automakers had to buy credits to meet federal requirements.

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UPDATE 3-U.S. vehicle fuel economy rises to record 24.7 mpg -EPA

WASHINGTON/DETROIT, Jan 11 (Reuters) - The fuel economy of new U.S. cars and trucks hit a record 24.7 miles per gallon in the 2016 model year, a government report said, even as some automakers had to buy credits to meet federal requirements.

companyNews reuters.com

UPDATE 2-U.S. vehicle fuel economy hits new record -EPA

WASHINGTON/DETROIT, Jan 11 (Reuters) - The fuel economy of new U.S. cars and trucks hit a record 24.7 miles per gallon in the 2016 model year, a government report said, even as some automakers had to buy credits to remain compliant with federal requirements.

companyNews reuters.com

BRIEF-Wabco Enters Into New Long-Term Agreement With A Global Manufacturer Of Trucks And Buses To Supply Automated Manual Transmission Valve Technology

* WABCO ENTERS INTO NEW LONG-TERM AGREEMENT WITH A MAJOR GLOBAL MANUFACTURER OF TRUCKS AND BUSES FOR SUPPLY OF AUTOMATED MANUAL TRANSMISSION VALVE TECHNOLOGY Source text for Eikon: Further company coverage:

companyNews reuters.com

German car suppliers could lose thousands of jobs over hard Brexit -study

BERLIN, Jan 11 (Reuters) - A so-called "hard Brexit" involving tariffs and a lasting devaluation of the pound could cause thousands of job losses at German automotive suppliers, a study by accounting firm Deloitte showed.

companyNews reuters.com

UPDATE 1-China's cyber watchdog scolds Ant Financial over user privacy breach

SHANGHAI, Jan 11 (Reuters) - China's cyber watchdog has scolded Ant Financial, Alibaba's payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring system.

companyNews reuters.com

Nikkei edges lower as strong yen bites; cryptocurrency stocks tumble

TOKYO, Jan 11 (Reuters) - Japan's Nikkei share average ended lower on Thursday, hit by declines in automakers and electronic component makers as the strong yen soured investor appetite.

companyNews reuters.com

UPDATE 3-Toyota, Mazda announce $1.6 bln plant for Huntsville, Alabama

MONTGOMERY, Ala., Jan 10 (Reuters) - Toyota Motor Corp and Mazda Motor Corp said on Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump, who wants automakers to expand U.S. production.

businessNews reuters.com

Lagging industry, Ford puts auto emergency brakes on two 2019 models

(Reuters) - Ford Motor Co said on Thursday it will make automatic emergency brakes standard on two key 2019 models, an effort by the No. 2 U.S. automaker to catch up with rivals in offering the new technology designed to help vehicles avoid collisions.

companyNews reuters.com

Nikkei edges lower as strong yen bites; banks higher

TOKYO, Jan 11 (Reuters) - Japan's Nikkei share average edged lower on Thursday morning, hit by declines in automakers and electronic component makers as the strong yen soured investor appetite.

companyNews reuters.com

China's cyber watchdog scolds Ant Financial over user privacy breach

SHANGHAI, Jan 11 (Reuters) - China's cyber watchdog has scolded Ant Financial, Alibaba's payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring system.

businessNews reuters.com

Hyundai Motor invests in ride-hailing firm Grab

SEOUL (Reuters) - Hyundai Motor Co said on Thursday it had invested in Singapore-based ride-hailing firm Grab, in the South Korean automaker's first foray into the rapidly growing sector as it tries to diversify following a sales slump in China.

companyNews reuters.com

UPDATE 1-Toyota sees U.S. auto industry 2018 sales at 16.8 mln units -exec

Jan 10 (Reuters) - Toyota Motor Corp sees U.S. auto industry new vehicle sales at 16.8 million units in 2018, Jim Lentz, the Japanese automaker's top executive in North America told Reuters on Wednesday.

companyNews reuters.com

UPDATE 2-Toyota, Mazda announce $1.6 bln plant for Huntsville, Alabama

MONTGOMERY, Ala., Jan 10 (Reuters) - Toyota Motor Corp and Mazda Motor Corp announced on Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump, who wants automakers to expand U.S. production.

businessNews reuters.com

Toyota sees U.S. auto industry 2018 sales at 16.8 million units - executive

(Reuters) - Toyota Motor Corp sees U.S. auto industry new vehicle sales at 16.8 million units in 2018, Jim Lentz, the Japanese automaker's top executive in North American told Reuters on Wednesday.

businessNews reuters.com

Toyota, Mazda announce $1.6 billion plant for Huntsville, Alabama

MONTGOMERY, Ala. (Reuters) - Toyota Motor Corp and Mazda Motor Corp announced Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump who wants automakers to expand U.S. production.

companyNews reuters.com

Toyota, Mazda confirm $1.6 billion plant for Alabama

MONTGOMERY, Alabama Jan 10 (Reuters) - Toyota Motor Corp and Mazda Motor Corp confirmed Wednesday they will build a $1.6 billion joint venture assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump who wants automakers to expand U.S. production.

companyNews reuters.com

Boeing unveils prototype for unmanned electric cargo air vehicle

Jan 10 (Reuters) - Boeing Co on Wednesday unveiled a prototype for an unmanned electric vertical-takeoff-and-landing cargo air vehicle (CAV) that the planemaker said will be used to test it's autonomous technology.

companyNews reuters.com

Bosch says takes diesel software manipulation allegations very seriously

FRANKFURT, Jan 10 (Reuters) - German auto supplier Robert Bosch on Wednesday said it took "very seriously" allegations of diesel software manipulation, responding to a lawsuit brought by U.S. law firm Hagens Berman.

companyNews reuters.com

BRIEF-Barna Capital Group Reports 19.5 Percent Stake In China Auto Logistics

* BARNA CAPITAL GROUP SAYS CONSIDERS ACTIVIST POSITION, POSSIBLY A SEAT ON BOARD OF CHINA AUTO LOGISTICS INC - SEC FILING

Mazda Motor Corp nytimes.com

Toyota and Mazda Are Said to Pick Alabama for $1.6 Billion Plant

The Japanese automakers are planning to build an assembly plant that is expected to employ about 4,000 people and open by 2021.

businessNews reuters.com

Activist Peltz to CEOs: We'll work with you

NEW YORK (Reuters) - Billionaire investor Nelson Peltz has a message for America's corporate chiefs; when he calls they do not automatically have to fear for their jobs.

companyNews reuters.com

UPDATE 4-Toyota, Mazda to build $1.6 bln plant in Alabama -sources

Jan 9 (Reuters) - Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday.

businessNews reuters.com

Toyota, Mazda to build $1.6 billion plant in Alabama: sources

(Reuters) - Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday.

companyNews reuters.com

UPDATE 3-Toyota, Mazda to build $1.6 bln plant in Alabama -sources

Jan 9 (Reuters) - Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday.

businessNews reuters.com

Exclusive: Toyota, Mazda to build $1.6 billion plant in Alabama - sources

(Reuters) - Alabama will be the site of a new $1.6 billion Toyota Motor Corp and Mazda Motor Corp auto plant, a victory for President Donald Trump who had prodded manufacturers to build new U.S. facilities and threatened tariffs on foreign production, sources said on Tuesday.

businessNews reuters.com

Continental to flesh out possible overhaul by the summer: CFO

BERLIN/HAMBURG (Reuters) - Germany's Continental is in talks with banks about a possible structural overhaul of the auto parts and tire maker and aims to flesh out its plans within six months, its finance chief said.

North American International Auto Show nytimes.com

Where to Go Now: At the Auto Show in Detroit, a Sneak Peek at What’s New

From the airport to the exhibition, here is how to get the most out of a visit to the North American International Auto Show.

companyNews reuters.com

BRIEF-Qualcomm, Ford Partner On C-V2x Global Initiative

* QUALCOMM AND FORD COLLABORATE ON C-V2X GLOBAL INITIATIVE TO IMPROVE VEHICLE SAFETY, TRAFFIC EFFICIENCY AND SUPPORT FOR AUTONOMOUS DRIVING

companyNews reuters.com

Ford wants to wire cities to ease congestion

LAS VEGAS, Jan 9 (Reuters) - Ford Motor Co plans to offer cities networks and technology to smooth the flow of goods and people as ride hailing and automated delivery services are making congestion worse, the U.S. automaker's top executives said on Tuesday.

technologyNews reuters.com

Ford taps Postmates for edge in self-driving delivery race

Las Vegas (Reuters) - Ford Motor Co on Tuesday said it will partner with delivery service Postmates Inc as the automaker starts testing ways to transport people, food and packages using its self-driving cars in a U.S. city during the first quarter.