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GOP senator seeks stiffer tariff to stop China ‘flooding U.S. auto markets’

Sen. Marco Rubio, R-Fla., said he is also proposing legislation to extend tariffs to vehicles...

Toyota plans to build hybrid flex vehicle in Brazil, confirms $2 billion investment

The automaker said it plans to build a new hybrid flex vehicle by 2025, and...

F&I gross profit per vehicle down for 4 of 6 publics in Q4

Same-store finance and insurance gross profit per car sold fell at four of the top...

Elon Musk meets with Trump as former president seeks 2024 donors, report says

Musk was part of a group of prospective donors who met with the former president,...

ZF looks to save $6.5B to help reduce debt, finance growth areas

Cost-saving measures will include reducing weak product launches, optimization of production to increase productivity and...

Toyota tightens control over battery production before new EV push

Toyota aims to sell 1.5 million BEVs globally in 2026 on its way to being...

Nissan’s fleet sales are surging, and dealers fear history is repeating itself

Last month, Nissan sold nearly 40,000 vehicles, or 44 percent of total sales, to rental...

EU says it has evidence of direct payments and other subsidies to China EV makers

The EU could impose retroactive tariffs on China’s electric car imports after officials said they...

Toyota tightens control over battery production before new EV push

Toyota aims to sell 1.5 million BEVs globally in 2026 on its way to being...

Maserati GranCabrio takes on Ferrari, Bentley rivals

Maserati said a battery-electric version of the GranCabrio is due to go on sale by...

Nio racks up a wider loss of $2.9 billion in 2023

Nio is expected to unveil a mass-market brand — a move analysts say may help...

Rivian R2 details appear to leak prior to crossover’s unveiling

The R2 crossover will have a starting price of $47,500, range up to 330 miles...

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