Author: Automotive News Breaking News Feed

FCA’s slumping Maserati business is a headache for new CEO Mike Manley after the brand’s profitability and vehicle sales went into a steep slide.

President Donald Trump said he would nominate the acting head of the Environmental Protection Agency, Andrew Wheeler, to take on the position permanently.

Tesla has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153), according to the electric carmaker’s China website.

Volkswagen Group corrected a key figure used by CEO Herbert Diess in an interview with Automotive News to describe the extent of the automaker’s plans for electric vehicles.

Tesla CEO Elon Musk said he will walk the entire Model 3 production line on Nov. 27 and 28. He said all assembly areas need to be able to support making 1,000 cars per day.

Volkswagen Group said it will spend 44 billion euros ($50.2 billion) on electric vehicles, digitalization, autonomous driving and new mobility services by 2023. The 44 billion euro plan is 10 billion euros ($11.

Toyota is slowing down production of the Camry, the top-selling car in the U.S. for 16 years running, underscoring the ongoing slump besetting sedans.

Elon Musk’s infamous tweet saying he’d secured funding to take Tesla private did so much damage to so many different kinds of investors that he should have multiple class-action suits, lawyers said.

VW Group CEO Herbert Diess will take responsibility for the automaker’s China operations from Jochem Heizmann, who is retiring, Reuters reported.

A company formed by two veteran Bosch engineers is seeking to make the open-source software that powers many experimental self-driving cars safe and reliable.