Earnings/Financials
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Mini may not build electric cars in England due to Brexit
BMW will decide whether to build its new electric Mini in Britain or elsewhere by the end of September, its…
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VW spending nearly $85 billion total on electric and self-driving cars
WOLFSBURG, Germany — Volkswagen’s leaders on Friday approved a five-year spending plan that aims to further the German automaker’s goal…
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Ford’s struggles in China continue as November sales drop 8 percent
Ford’s sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October,…
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Daimler rebuffs Geely offer to buy stake
HONG KONG/BEIJING – Daimler AG has turned down an offer from China’s Geely to take a stake of up to…
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Automakers’ investments in EVs and hybrids — at least $90 billion
DETROIT — Ford’s plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric…
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Mitsubishi had a shockingly good year in the U.S., and here’s why
The year 2017 was a very good one for Mitsubishi in the United States. For the first time since 2007,…
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Jeep Grand Wagoneer, Deserthawk and plug-in models coming soon
BOLOCCO, Italy — Today at FCA’s Italian proving ground, Mike Manley rolled out the roadmap for Jeep’s next five years.…
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BMW says trade war could hit 2019 results by $580 million
FRANKFURT (Reuters) – German carmaker BMW expects a hit to earnings of up to half a billion euros ($579 million)…
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Waymo self-driving taxis in Arizona are now carrying paying passengers
CHANDLER, Ariz. — Alphabet’s Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: Its…
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It sure seems like Toyota’s other hybrids are eating the Prius’ lunch
Toyota has an interesting problem on its hands: The Prius, once the ubiquitous and obvious answer for those seeking fuel…
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