Keyword "RATI:RETAIL" - List of latest news (129 results)

08:17 Exclusive: China EV giant BYD reboots Europe operations after strategic stumbles, sources say

China's leading EV maker BYD is overhauling its European operations after strategic missteps including failures to sign up enough dealers and hire executives with local-market knowledge and to offer hybrids in markets resistant to fully electric vehicles, six current and former BYD executives said.

10/04 Harley-Davidson board member resigns, cites 'grave concerns' about company

A Harley-Davidson director has resigned after expressing "grave concerns" about the current state of the company in a letter to the motorcycle maker's board.

06/04 EU seeks unity in first strike back at Trump tariffs

The European Commission, which coordinates EU trade policy, will propose to members late on Monday a list of U.S. products to hit with extra duties in response to Trump's steel and aluminium tariffs rather than the broader reciprocal levies.

03/04 Trump tariffs: Companies grapple with a new reality 

Now that the U.S. has instituted broad tariffs worldwide, businesses will be forced to adjust - but the options to cope with the greater-than-expected levies are limited and unpalatable for companies and their customers.

03/04 Trump's auto tariffs to cover $600 billion in imports, including laptop computers

U.S. President Donald Trump's 25% auto tariffs will cover nearly $600 billion worth of vehicles and auto parts imports annually and extend to all computer imports into the U.S. - including laptops - according to a Reuters analysis of tariff codes included in a federal register notice on Wednesday.

27/03 Trading Day: Investors find auto motive for caution

Making sense of the forces driving global markets.

27/03 Gold rises as fears mount over Trump's reciprocal tariff plans

Gold prices rose on Thursday as U.S. auto tariffs ratcheted up global trade tensions ahead of an April 2 deadline for reciprocal tariffs from the world's largest economy.

21/03 Exclusive: Tesla trade-ins on pace for record high amid Musk backlash

Motorists have traded in a record number of Tesla electric vehicles this month, Edmunds data showed, amid a wave of protests against CEO Elon Musk's work as an adviser to U.S. President Donald Trump.

08/03 Greenland candidate campaigns for better healthcare after beating cancer in Denmark

As Greenland's general election approaches, a candidate campaigns for access to better healthcare on the vast island, recounting his personal journey of beating cancer after having to travel to Denmark from a remote town to undergo treatment.

05/03 What the Trump tariffs could mean for America's beloved pickup truck

U.S. President Donald Trump's 25% tariffs on Canada and Mexico have sent the U.S. auto industry scrambling to plan for the massive tax on some of America's best-selling vehicles, including full-sized pickup trucks, while pinning their hopes on a potential deal in Washington.

21/01 German carmakers say Trump tariffs would hurt US consumers, industry

U.S. President Donald Trump's tariff plans would mean higher car prices for U.S. consumers and hit global automakers, Germany's powerful car industry warned on Tuesday, as auto stocks fell on the prospect of higher U.S. import duties.

15/01 Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector

Michigan Governor Gretchen Whitmer warned on Wednesday that potential 25% tariffs on imports from Mexico and Canada suggested by President-elect Donald Trump could harm the U.S. auto sector, increase vehicle prices and benefit China.

15/01 US closes probe into GM Cruise self-driving vehicles over pedestrian risks

U.S. auto safety regulators on Wednesday closed a probe into whether General Motors’ self-driving unit Cruise robotaxis were taking sufficient precautions to safeguard pedestrians.

08/01 Judge approves Tesla directors' deal to end excess pay case

Tesla directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to $919 million that requires they return compensation to the carmaker to resolve allegations they overpaid themselves.

08/01 GM faces class action in Australia over Holden transmission issues

Australian law firm Maurice Blackburn said it had filed a class action lawsuit against U.S. carmaker General Motors' local unit, alleging the transmission systems of certain models of its now-defunct GM Holden brand were defective.

06/12 Exclusive: Trump may cancel US Postal Service electric mail truck contract, sources say

Donald Trump's transition team is considering canceling the United States Postal Service's contracts to electrify its delivery fleet, as part of a broader suite of executive orders targeting electric vehicles, according to three sources familiar with the plans.

15/11 Hyundai Motor picks first foreign CEO in reshuffle as it braces for Trump

Hyundai Motor named Jose Munoz, current U.S. chief and global chief operating officer, as co-chief executive officer on Friday, marking a rare appointment of a foreign national to a CEO post at a major South Korean conglomerate.

14/11 GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says

General Motors will recall 77,824 vehicles as incorrect software in the transmission control module could cause the vehicle to move in an unintended direction, increasing the risk of a crash, the U.S. auto safety regulator said on Thursday.

06/11 Tesla investors lose bid for new US trial over Musk's 2018 tweets

A U.S. appeals court on Wednesday upheld a jury's verdict clearing Tesla CEO Elon Musk and his company of liability over allegations they misled investors when the billionaire posted on social media in 2018 that he had "funding secured" to take the electric car company private.

04/11 US agency closes probe into 411,000 Ford vehicles due to loss of power

The National Highway Traffic Safety Administration said on Monday it has closed a probe into 411,000 Ford SUVs and pickup trucks over a potentially defective engine that could lose power without warning.

28/10 Automaker Ford beats on quarterly profit but weakens outlook

Ford Motor beat Wall Street's expectations for third-quarter earnings on Monday, but said it expects to meet just the lower end of its full-year guidance for earnings before interest and taxes.

09/09 Hybrid cars throw lifeline to platinum metals

A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (PGMs) in the coming years, similar to the extended lifespan now predicted for coal.

06/09 Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs

A bipartisan group of lawmakers asked the CEOs of six major auto parts retailers if they bought products from a Chinese company that may have evaded U.S. tariffs, according to letters seen by Reuters on Friday.

06/09 Electric vehicles will account for up to half of auto sales by 2030, BYD Pakistan says

Up to 50% of all vehicles bought in Pakistan by 2030 will be electrified in some form in line with global targets, BYD Pakistan, a partnership between China's BYD and Pakistani car group Mega Motors, said.

05/09 Senate panel to question US semiconductor firms on Russian weapons

The U.S. Senate Permanent Subcommittee on Investigations said on Thursday it will hold a hearing with four companies on the use of American-manufactured semiconductors in Russian weapons deployed in the war in Ukraine.

17/08 Ed Sheeran buys minority stake in hometown club Ipswich

Singer Ed Sheeran fulfilled "any football fan's dream" and purchased a minority stake in his hometown club, the newly-promoted Premier League side Ipswich Town.

17/08 FTC sues Asbury Automotive, says it charged Black, Latino customers more

The U.S. Federal Trade Commission sued Asbury Automotive Group on Friday, alleging that three of its dealerships in Texas charged Black and Latino customers higher prices than others and routinely added services to customers' contracts without their consent.

15/08 South Korean alarm over EV fires puts spotlight on safety concerns

South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles as authorities try to calm fears over fires involving EVs, after a recent blaze in an underground parking lot that took eight hours to put out.

13/08 Starbucks taps Chipotle's Niccol as CEO in surprise move, shares soar

Starbucks on Tuesday named Chipotle Mexican Grill head Brian Niccol as its new CEO, poaching a successful fast-food executive known for reviving the burrito chain to lead a turnaround, in a shock move that sent the coffee chain's shares up over 20%.

03/08 It's a fish, it's a boat? Amphibious vehicles glide through Amsterdam's canals

A colourful parade of amphibious cars glided through Amsterdam's canals on Thursday, but it was the last time the event will be held in the city, at least until batteries become lighter.

12/07 SpaceX Falcon 9 suffers rare failure in space, imperiling Starlink mission

A second-stage engine on SpaceX's Falcon 9 rocket suffered a rare malfunction in space during a routine Starlink mission on Thursday night, imperiling the satellites in the company's first rocket failure in more than seven years.

12/07 Tesla launches new Model 3 long-range variant at $42,490, website shows

Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price $5,000 lower than the all-wheel drive version, according to the electric vehicle maker's website.

10/07 Tesla hikes Model 3 prices in Europe due to tariffs on China-made EVs

Tesla raised the prices of its Model 3 cars in European countries including Germany, the Netherlands and Spain by about 1,500 euros ($1,622) depending on the variant of the model due to the European Commission's tariffs on China-made EVs.

10/07 US auto safety agency says three killed by substandard replacement air bag inflators

U.S. auto safety regulators said Wednesday three people have been killed and two seriously injured by low-cost faulty replacement air bag inflators.

08/07 Lawsuit accuses Hyundai of faking US sales data for electric cars

A group of Hyundai Motor dealers has sued the South Korean automobile giant in Chicago federal court for allegedly inflating sales numbers for electric vehicles while punishing franchises that would not participate in the ruse.

08/07 Tesla investors to urge judge to reject record $7 bln legal fee in Musk pay case

Tesla shareholders will appear in court on Monday to argue that an unprecedented request for more than $7 billion in attorneys' fees to be paid by the company is "outlandish," the latest twist in a legal showdown over Musk's $56 billion pay package.

08/07 China's car sales fall in June for third month running

China's car sales fell 6.9% in June from a year earlier, dropping for a third straight month as government incentives failed to spur consumer demand in a sputtering economic recovery.

05/07 Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.

05/07 Wall St Week Ahead Earnings season to test hopes for broader stocks rally

Hopes that the U.S. stocks rally will broaden beyond megacaps like Nvidia will be tested in coming weeks as investors learn whether profit growth from other companies is starting to catch up with that of the tech-related leaders.

05/07 China unveils next steps in EU brandy probe as EV tariffs take effect

China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect.

04/07 MG, Nio hint at car price increases this year following EU EV tariff decision

Chinese brands MG and Nio suggested on Thursday they might raise prices of their cars in Europe later this year, following the European Union's decision to confirm tariffs on Chinese-imported EVs.

04/07 Tesla cars for first time on Chinese government purchase list

Tesla's best-selling Model Y was included in a list of electric and plug-in hybrid models that a local government in China can purchase as a service car, according to the official Chinese media outlet the Paper on Thursday.

03/07 Ford sales growth slows as CDK cyberattack rattles auto industry

Ford on Wednesday joined Detroit peer General Motors in reporting slower sales growth for the second quarter as the U.S. auto industry reels from a cyberattack that impaired a key software system used across dealerships.

03/07 German car industry urges EU to drop tariffs on China-made cars

Germany's VDA auto association has urged the European Commission to drop its planned tariffs on China-made electric vehicles in a last-ditch effort to influence negotiations ahead of the tariffs which take effect on Thursday.

03/07 EU governments hesitant on Chinese EV tariffs as trade spat escalates

EU countries are wavering over whether to back additional tariffs on Chinese-built electric vehicles, highlighting Brussels' challenge in building support for its largest trade case yet as Beijing threatens wide-ranging retaliation.

03/07 Rough road ahead for US EV makers despite upbeat quarterly sales

Better-than-expected U.S. electric-vehicle sales in the second quarter brought welcome relief to investors after a sharp slowdown in demand triggered by high interest rates, but EV makers still face a bumpy road ahead.

03/07 Tesla's quarterly deliveries fall less than expected; shares rally

Tesla on Tuesday reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter, as the electric carmaker's price cuts and incentives helped mitigate cooling demand.

02/07 Tesla, megacaps drive S&P 500, Nasdaq up; Powell in focus

The Nasdaq and the S&P 500 edged up on Tuesday, boosted by gains in Tesla and megacap stocks, while the Dow was flat with investors assessing Federal Reserve Chairman Jerome Powell's comments on the need for more evidence before cutting rates.

02/07 China's BYD posts 21% jump in quarterly EV sales, closes gap with Tesla

China's BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world's top EV vendor title to the U.S. rival in the first quarter.

27/06 Elon Musk won $56 billion payday because of vote, Tesla argues in court

Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to court filing made public on Friday.

25/06 Tesla recalls thousands of Cybertrucks over windshield wiper, exterior trim issues

Tesla is recalling 11,688 Cybertruck electric pickup trucks as a failure of the windshield wiper could reduce visibility, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said.

24/06 Ripple effect from CDK hack widens as more US auto dealers flag hit

More U.S. auto dealers flagged a hit from an outage of CDK's software system due to a cyber attack on Monday as the company worked to restore systems used by over 15,000 retail locations across North America.

23/06 CDK Global begins to restore systems after cyber hack hits thousands of retailers

Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that it expects the process to take "several days."

21/06 Elon Musk's pay: Tesla tells judge that shareholder vote should reverse ruling

A Delaware judge should recognize a vote by Tesla shareholders in favor of Elon Musk's $56 billion pay package and reverse her January ruling that voided the compensation, the company said in a filing that was made public on Friday.

14/06 Wall St Week Ahead: Retail stocks search for direction as rates stay high

Elevated U.S. interest rates are pressuring the U.S. retail sector, where shares of many companies have been dented by months of tight monetary policy while a select few have soared.

12/06 EU slaps tariffs on China: A breakdown by company

The European Commission notified carmakers on Wednesday that it would apply additional duties of up to 38.1% on imported Chinese electric vehicles from next month, a move likely to draw possible retaliation from China.

07/06 US says 463,000 Kia SUV owners should park outside pending recall fix

Owners of about 463,000 Kia vehicles in the United States should park outside and away from structures until they get a recall repair for fire risks completed.

06/06 Plug-in polluters? How Biden's emissions rules go soft on hybrid trucks, SUVs

When the Biden administration announced new U.S. auto-emissions regulations in March, it made concessions to industry allowing for a much slower electric-vehicle transition than it had proposed a year earlier.

03/06 US investigates Nissan vehicles after air bag deployments

U.S. auto safety regulators said Monday they have opened a probe into nearly 75,000 Nissan vehicles over reports of unintended deployments of side airbags.

22/05 China should hike tariffs on large cars to 25%, says research body

China should raise its import tariffs on large gasoline-powered cars to 25%, a government-affiliated auto research body expert told China's Global Times newspaper as the country faces sharply higher U.S. auto import duties and possibly additional duties to enter the European Union

21/05 US regulator launches probe of VinFast crash in California in which four died

U.S. auto safety investigators said on Monday they have launched an investigation into the April crash of a VinFast , VF 8 electric vehicle in Pleasanton, California, in which a family of four died.

10/05 Chinese EV maker Zeekr to vie for US investors' attention with NYSE debut

Shares of China's Zeekr Intelligent Technology were expected to start trading on the New York Stock Exchange on Friday, after the electric-vehicle maker's initial public offering was priced at the top end of its marketed range.

10/05 US opens preliminary probe into Fisker's cars over brake system issue

The U.S. auto safety regulator on Friday opened a preliminary probe into 6,813 Ocean SUVs made by Fisker in 2023, after complaints that the automatic emergency braking system used in the electric vehicles had activated inadvertently.

07/05 US seeks answers from Tesla in Autopilot recall probe

U.S. auto safety investigators are seeking detailed answers and documents from Tesla in a probe into the automaker's December recall of more than 2 million vehicles to install new Autopilot safeguards.

03/05 Automakers win extension on use of Chinese graphite in EV tax credits

The U.S. Treasury Department on Friday gave automakers additional flexibility on battery mineral requirements for electric vehicle tax credits on some crucial trace minerals from China, such as graphite.

26/04 US probes Tesla recall of 2 million vehicles over Autopilot, citing concerns

U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than 2 million vehicles announced in December to install new Autopilot safeguards is adequate.

17/04 US auto sector 'whipsawed' by politicians, Ford chairman says

The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and forth as the White House changes hands doesn't help, but the adoption rate of electric vehicles will continue to grow, Ford Motor's executive chairman Bill Ford said on Wednesday.

17/04  UAW Volkswagen Tennessee plant vote: Union seeks landmark win

A Volkswagen plant nestled against dense forests and Interstate 75 on the southern border of Tennessee has become a battleground over worker representation that could sway the future of the American auto industry.

12/04 US issues auto dealers over $580 million in advance EV tax rebates this year

The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale consumer electric vehicle (EV) tax credit payments since Jan. 1, the Treasury said on Friday.

03/04 US opens preliminary probe into Fisker's Ocean vehicles over door failure

The U.S. auto safety regulator said on Wednesday it had opened a preliminary probe into Fisker's 2023 Ocean SUVs after complaints that the doors of the electric vehicles sometimes failed to open, the latest setback for the cash-strapped startup.

05/03 GM, Magna and Wipro team up for automotive software marketplace

General Motors , auto parts supplier Magna and IT company Wipro said on Tuesday they were working together to create a sales platform to buy and sell automotive software.

05/03 India's Tata Motors hits record high on plan to split into two listed firms

Shares of Tata Motors , India's most valuable carmaker, hit a record high on Tuesday, a day after the company said it will split into two listed firms, separating its commercial vehicle business from its passenger vehicle arm.

05/03 Russia communist wing asks for probe into West's possible involvement in Stalin's death

The Communists of Russia party has asked the FSB security service and top prosecutors to investigate the possible involvement of Western intelligence services in the death of Soviet leader Joseph Stalin in 1953, RIA news agency reported on Tuesday.

01/03 The politics and economics behind Biden's China-car espionage probe

President Joe Biden, vowing to "do right by U.S. auto workers," launched an investigation this week into whether Chinese-made vehicles could be used to spy on Americans, a far-off threat given the few such cars on U.S. roads now.

23/02 Carvana shares ride higher after first annual profit

Shares of Carvana surged 30% before the bell on Friday after the used-car retailer posted its first-ever annual profit, in a sharp turnaround powered by the company's deal with bondholders in July.

23/02 Rune reunites with Mouratoglou after split with Becker, Luthi

Holger Rune has reunited with former coach Patrick Mouratoglou after the world number seven's partnership with Boris Becker and Severin Luthi ended following a disappointing Australian Open campaign last month.

23/02 Carvana posts first-ever annual profit after it cuts debt, shares surge

Carvana reported its first-ever annual profit on Thursday, helped by its pact with bondholders to cut its outstanding debt by $1 billion, sending the used car retailer's stock up by a fifth in after-hours trading.

29/01 Toyota warns 50,000 vehicle owners to stop driving, get immediate repairs

Toyota Motor said on Monday it is urging the owners of 50,000 older vehicles to get immediate recall repairs because an air bag inflator could explode and potentially kill motorists.

17/01 Renault swings to growth after 4 years of sluggish volumes

Renault on Wednesday posted an increase in its annual global sales volumes, returning to growth after four consecutive years of decline attributable to its strategic repositioning, its exit from the Russian market and supply chain snags.

16/01 Hertz's EV sale to fan cost concerns, dampen used-car market

Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit as rental giant Hertz dumps 20,000 of them, including Teslas , for gas-powered cars.

06/01 Auto dealers challenge new US FTC car-buyer consumer protection rules

Two groups representing auto dealers said on Friday they had filed a legal challenge to the Federal Trade Commission's new sweeping consumer protection regulations finalized last month.

02/01 Hackers hit Australian state's court recording database

Hackers accessed the court recordings database in Australia's Victoria state and disrupted the audio-visual in-court technology network, impacting recordings and transcription services, an official said.

01/12 US opens probe into 73,000 Chevrolet Volt cars over loss of power

A U.S. auto safety regulator said on Friday it is opening an investigation into 73,000 Chevrolet Volt plug-in hybrid cars over reports of abrupt loss of power, failures to restart and other issues.

20/11 U.S. probes Hyundai, Kia recall into 6.4 million vehicles over fire risks

U.S. auto safety regulators said Monday they had opened a probe into 16 separate recalls issued by Hyundai and Kia covering 6.4 million vehicles relating to brake fluid leaks that could result in fires.

16/11 Hyundai unveils its first high-performance electric car

Hyundai Motor unveiled its first high-performance electric vehicle(EV), an N sport variant of its IONIQ 5 crossover SUV.

15/11 GM workers at big Texas plant approve UAW deal, boosting chances of passage

More than 60% of United Auto Workers union members at General Motors' Arlington, Texas, assembly plant voted to approve a new labor deal, edging it closer to passage, in what is the closest vote of the three Detroit automakers.

14/11 UAW workers at GM's Spring Hill plant vote against tentative deal

Workers belonging to the United Auto Workers (UAW) union at General Motors' Spring Hill plant in Tennessee have voted against a proposed contract with the automaker, the union's vote tracker showed on Tuesday.

10/11 UAW workers at GM's Flint assembly narrowly vote against new labor deal

Workers belonging to the United Auto Workers (UAW) at General Motors' Flint assembly plant in Michigan have narrowly voted against a proposed contract with the automaker, the union's local chapter said.

08/11 UAW to 'pull out all stops' organizing nonunion automakers

United Auto Workers President Shawn Fain said on Wednesday the union will "pull out all stops" in working to organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers.

04/11 UAW says GM outlines EV investment plans, will raise wages for US workers

The United Auto Workers union said its tentative contract deal with General Motors includes plans for investments around electric vehicles and will raise wages for thousands of U.S. hourly workers at units with lower wage tiers than at vehicle assembly operations.

30/10 UAW reaches deal with GM, ending coordinated strike against Detroit automakers

General Motors and the United Auto Workers (UAW) union have reached a tentative agreement, two sources familiar with the matter told Reuters, effectively ending the first simultaneous strike against the Detroit Three automakers with record wage and benefit hikes.

27/10 GM, UAW in intensive talks to reach new contract

Talks between General Motors and the United Auto Workers went on until about 5 a.m. (0900 GMT) Friday as they engage in intensive bargaining to try to reach a labor contract deal to end a six-week-old strike.

27/10 GM Cruise unit suspends all driverless operations after California ban

General Motors' driverless car unit Cruise said late Thursday it will suspend all operations nationwide after California regulators this week ordered the robotaxi operator to remove its driverless cars from state roads.

24/10 California suspends GM Cruise self-driving vehicles as 'not safe' for public

California's auto regulator said on Tuesday it has suspended General Motors' Cruise autonomous vehicle deployment and driverless testing permits, saying it had misrepresented information related to the safety of the autonomous technology.

23/10 The battery test race to work out what used EVs are really worth

A race is on to certify battery health and performance in used electric vehicles, with a clutch of startups scrambling to help buyers figure out how much a secondhand EV is really worth.

20/10 GM makes new offer to UAW, sees movement in all key areas

General Motors raised its offer to the striking auto workers on Friday, matching Ford's proposed 23% wage hike and other benefit improvements, hours before the union's chief speaks on the talks.

17/10 US agency probes pedestrian risks at GM's self-driving unit Cruise

U.S. auto safety regulators on Tuesday opened a probe into whether General Motors' self-driving unit Cruise is taking sufficient precautions with its autonomous robotaxis to safeguard pedestrians.

16/10 Ford, UAW leaders spar as auto strike costs rise

Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day strike and reach a new labor agreement, and warned of the growing impact to the automaker and the U.S. economy.

05/10 Russia launches drone attacks in Ukraine, shelling kills two, Kyiv says

Russia carried out new drone attacks on Ukraine overnight and killed two people in shelling of the southern city of Kherson on Thursday morning, Ukrainian officials said.

04/10 China rebukes EU after formal launch of EV subsidy probe

China voiced dissatisfaction on Wednesday at a demand by the European Union to engage within a "very short" time in consultations on the bloc's inquiry into subsidies for electric vehicles.

28/09 Morning Bid: Oil spike delivers coup de grace to dire Q3

A look at the day ahead in U.S. and global markets by Mike Dolan

25/09 Ford says 'significant gaps' remain in UAW labor contract talks

Ford Motor said on Sunday that despite progress in some areas, it still has "significant gaps to close" on key economic issues before it can reach a new labor agreement with the United Auto Workers union.

23/09 GM, Stellantis dealers and customers face dwindling parts as UAW strike expands

U.S. auto workers expanded their strike on Friday with a clear target for distress: dealers who sell and service GM and Stellantis vehicles.

22/09 Explainer: UAW expands strikes against GM, Stellantis in fight over new contract

The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike against General Motors Co and Stellantis , but said it had made real progress in talks with Ford Motor .

20/09 Ford avoids Canadian auto strike with union deal

Ford late on Tuesday reached a tentative deal with a Canadian union to avoid a walkout, even as the Detroit Three automakers face the possible escalation of separate coordinated U.S. strikes by the United Auto Workers union.

19/09 Canadian union extends deadline in talks with Ford

A Canadian union early on Tuesday extended its deadline in labor talks with Ford in an effort to reach a contract deal, even as the Detroit Three automakers still face a separate coordinated U.S. strike by the United Auto Workers union.

14/09 As UAW strike looms, Biden admin considers aid for small suppliers -source

President Joe Biden's administration is discussing emergency aid to protect smaller firms that supply U.S. auto manufacturers if the United Auto Workers union goes on strike, a source with knowledge of the matter said on Thursday.

06/09 Focus: EV broken? Finding a technician to fix it may take a while

A global shortage of technicians and independent repair shops qualified to fix electric vehicles (EV) threatens to increase repair and warranty costs for drivers, potentially undermining upcoming deadlines to cut vehicle carbon emissions.

05/09 Focus: Inside Cleveland-Cliffs' bid to keep U.S. blast furnaces smelting

High costs and environmental opposition have prevented the construction of blast furnaces at steel mills in the United States since 1980. Cleveland-Cliffs Inc CEO Lourenco Goncalves is on a mission to snap up all that are left.

17/08 Focus: VinFast's new sales approach has US car dealers cautious but interested

Vietnamese electric-vehicle maker VinFast, which made a splash this week when its shares debuted on the Nasdaq, has stirred a mix of caution and interest among dealers with a recent change in how it will distribute its cars in the U.S. market.

17/08 Focus: How U.S. Steel became an acquisition target

U.S. Steel Corp attracted acquisition interest after short-term challenges, including upgrading furnaces and potential car production shutdowns, weighed on its valuation, according to people familiar with the deliberations of its suitors.

10/08 US opens investigation into fatal Tesla crash in Virginia

U.S. auto safety regulators said Thursday they are opening a special crash investigation into a fatal accident in Virginia involving a Tesla Model Y suspected of relying on advanced driver assistance systems and striking a heavy truck.

08/08 Hero MotoCorp receives over 25,000 bookings for India-made Harley-Davidson

Indian bike maker Hero MotoCorp on Tuesday said it received over 25,000 bookings for the world's cheapest Harley Davidson motorcycle, sending shares up over 3%.

01/08 US opens probe into 280,000 new Tesla vehicles over steering issue

U.S. auto safety regulators said Tuesday they have opened an investigation into 280,000 new Tesla Model 3 and Model Y vehicles over reports of loss of steering control and power steering.

29/07 Fire on car carrier ablaze off Dutch coast now less intense

The fire which has been burning on a car carrier off the Dutch coast has lessened in intensity and salvagers have been able to board the ship to secure stronger tow lines, authorities said on Friday.

19/07 Carvana enters deal to cut debt by $1.2 bln, shares surge

Carvana's shares soared 40% in premarket trading on Wednesday after the troubled used-car retailer struck a deal with most of its term bondholders to reduce its outstanding debt by more than $1 billion.

26/06 Special Report: US, Swedish prosecutors study graft complaint naming son of Turkey's Erdogan

Anti-corruption authorities in the United States and Sweden are reviewing a complaint alleging that the Swedish affiliate of a U.S. company pledged to pay tens of millions of dollars in kickbacks if a son of Turkey's President Recep Tayyip Erdogan helped it secure a dominant market position in the country.

24/06 US opens probe into Ford Explorer recalls over power loss reports

U.S. auto safety regulators said on Saturday they are investigating Ford Motor's prior recalls of 710,000 Explorer SUVs over power loss reports to determine if the fix is adequate.

21/06 US lawmakers urge FTC to finalize new car buyer protections

A group of 17 Democrats in Congress on Wednesday urged the Federal Trade Commission to finalize new consumer protections for car buyers despite objections from auto dealers.

25/05 At APEC trade meeting, union leaders call for new 'balance' with China

U.S. trade policy with China and other nations must strike a more equitable balance between needs of workers and corporate profits, leaders of two big U.S. unions said at the Asia Pacific Economic Cooperation trade ministers meeting on Thursday.

12/04 New vehicle prices fall below sticker price after nearly two years, Kelley Blue Book data shows

New vehicles' average transaction price fell below the manufacturer's suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company Kelley Blue Book.

28/03 U.S. agency opens probe into 50,000 Tesla Model X vehicles over front seat belts

U.S. auto safety regulators said Tuesday they are opening a probe into 50,000 Tesla Model X vehicles after receiving two complaints reporting front seat belt failures.

17/03 Mexico finds 'serious irregularities' in labor probe at VU Manufacturing

Mexico's government on Thursday said it concluded there were "serious irregularities" hindering free association and collective bargaining at U.S. auto parts maker VU Manufacturing's operations in northern Mexico.

08/03 U.S. opens Tesla probe into reports steering wheels fell off

The National Highway Traffic Safety Administration (NHTSA) said Wednesday it is opening a preliminary investigation into 120,000 2023 Tesla Model Y vehicles after two reports of steering wheels falling off while driving.

23/02 U.S. manufacturers see big boost from government subsidies and tax breaks

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars.

22/02 Minority directors reach milestone 20% of Russell 3000 board seats

Racial and ethnic minorities now hold a fifth of board seats at Russell 3000 companies, up from 12% in 2019, but remain underrepresented, data from ISS Corporate Solutions on Tuesday showed.

18/02 Analysis: Bed Bath's novel deal is no universal dodge-bankruptcy card

Debt-stricken companies seeking to buy themselves time for a turnaround will find it hard to emulate Bed Bath & Beyond Inc's unusual stock sale that staved off bankruptcy, legal and corporate finance experts say.

14/02 Hyundai, Kia offer software upgrade to 8.3 mln U.S. vehicles to prevent thefts

Hyundai Motor and Kia Corp will offer software upgrades to 8.3 million U.S. vehicles to help curb increasing car thefts using a method popularized on TikTok and other social media channels, the Korean automakers said on Tuesday.

13/02 India's January wholesale passenger vehicle volume up on consumer sentiment - SIAM

India's wholesale passenger vehicles sales volume grew 17.2% in January on the back of strong demand for utility vehicles (UV) and better consumer sentiment, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.