Author: Automotive News Breaking News Feed

A forecasted 2 percent drop in U.S. sales would keep the SAAR above 17 million. As the headwinds get stronger, transaction prices continue to rise and incentive spending remains disciplined.

Even a little crummy weather might pose big problems for self-driving systems.

The U.S., Canada and Mexico signed a new trade deal championed by President Donald Trump to replace the quarter-century-old NAFTA pact, capping a year of intense negotiations and offering a glimmer of certainty amid rising global tensions over trade.

French President Emmanuel Macron will discuss the Renault-Nissan alliance’s future with Japan’s prime minister at the G20 summit in Argentina on Friday, seeking to defuse a brewing diplomatic row.

Tokyo authorities extended for another 10 days the detention of ousted Nissan Chairman Carlos Ghosn, Japanese media said.

Toyota CEO Akio Toyoda takes on a new title as chief branding officer as part of an executive reshuffle. The company’s North America and Europe chiefs have been promoted to operating officers.

The U.S. head of Nio, an electric carmaker seen as one of the main Chinese rivals to Tesla, is leaving the company, in the first major management departure since its September IPO.

The Trump administration has invited the heads of Volkswagen, BMW and Daimler to a meeting at the White House on Tuesday to discuss trade policy, officials said.

President Donald Trump congratulated BMW for building a ‘major new plant’ in the U.S., but the German carmaker’s decision hasn’t been finalized.

Dan Ammann will now lead the autonomous vehicle company he helped GM acquire in Cruise Automation.