Autos

Autos coverage from Reuters.

Business Newsin 5 hours

FILE PHOTO - Harley-Davidson bikes are seen at the "Hamburg Harley-Days" in Hamburg, Germany, June 22, 2018. REUTERS/Fabian Bimmer

The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.

Business Newsin a day

FILE PHOTO - Parked cars are pictures at the car terminal at the port of Valencia, Spain May 29, 2018. Picture taken May 29, 2018. REUTERS/Heino Kalis

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.

Business Newsin a day

FILE PHOTO: Elon Musk, Chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. REUTERS/Rashid Umar Abbasi/File Photo

Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.

Business Newsin a day

FILE PHOTO: Former Volkswagen chief executive Martin Winterkorn arrives to testify to a German parliamentary committee on the carmaker's emissions scandal in Berlin, Germany, January 19, 2017. REUTERS/Fabrizio Bensch/File Photo

Volkswagen <VOWG_p.DE> is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member Stephan Weil told a newspaper.

Business Newsin a day

FILE PHOTO: U.S. National Transportation Safety Board (NTSB) investigators examine a self-driving Uber vehicle involved in a fatal accident in Tempe, Arizona, U.S., March 20, 2018.  A women was struck and killed by the vehicle on March 18, 2018.     National Transportation Safety Board/Handout via REUTERS/File Photo

The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident "entirely avoidable."

Business Newsin a day

A World Trade Organization (WTO) logo is pictured on their headquarters in Geneva, Switzerland, June 3, 2016. REUTERS/Denis Balibouse

The United States ramped up its challenge to the global trading system on Friday, telling the World Trade Organization that appeals rulings in trade disputes could be vetoed if they took longer than the allowed 90 days.

Business Newsin a day

FILE PHOTO - Aerial view shows cars parked in Royan, France April 12, 2018. REUTERS/Regis Duvignau

European and U.S. autos shares fell sharply on Friday after U.S. President Donald Trump threatened a 20 percent tariff on all car imports from the European Union if EU "tariffs and trade barriers" are not removed.

Business Newsin a day

FILE PHOTO: A staff member walks past U.S. and Chinese flags placed for a joint news conference by U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister Wang Yi at the Great Hall of the People in Beijing, China June 14, 2018. REUTERS/Jason Lee/File Photo

U.S. protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernization, Chinese media said on Friday as Beijing kept up with its war of words with Washington while markets wilted.

Business Newsin a day

Germany hopes the EU's reaction to U.S. trade tariffs will bring sense to all those involved and that a negotiated solution will be sought, a spokeswoman for the economy ministry said on Friday.

Business Newsin 2 days

FILE PHOTO: Flags of U.S. and China are placed for a meeting between Secretary of Agriculture Sonny Perdue and China's Minister of Agriculture Han Changfu at the Ministry of Agriculture in Beijing, China June 30, 2017. REUTERS/Jason Lee/File Photo

An increasingly shrill exchange of words between the United States and China that is threatening to trigger a global trade war has claimed another victim - Germany's auto sector.

Business Newsin 2 days

FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico, November 9, 2017. Picture taken November 9, 2017. REUTERS/Edgard Garrido

General Motors Co <GM.N> is going ahead with its plan to manufacture the new Chevrolet Blazer SUV in Mexico, a spokesman for the automaker said on Thursday, despite criticism by U.S. President Donald Trump over making vehicles abroad.

Business Newsin 2 days

FILE PHOTO: Mercedes S-Class (S-Klasse) cars park at the final quality check at the production line of at the Mercedes Benz factory in Sindelfingen, Germany, January 24, 2018.   REUTERS/Ralph Orlowski/File Photo

Germany's Daimler <DAIGn.DE> cut its 2018 profit forecast and BMW <BMWG.DE> said it was looking at "strategic options" because of a trade war between China and the United States, sparking fears of a wave of earnings downgrades in the auto industry.

Business Newsin 2 days

Students attend Code Chrysalis, a software-coding boot camp, at a basement room in Tokyo, Japan, May 23 2018. REUTERS/Toru Hanai

Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.

Business Newsin 3 days

FILE PHOTO: A visitor takes pictures of a Toyota concept car during a media preview of the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Damir Sagolj/File Photo

Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, four people familiar with the matter said.

Commoditiesin 3 days

Canada's Prime Minister Justin Trudeau takes part in a news conference in Ottawa, Ontario, Canada, June 20, 2018. REUTERS/Chris Wattie

Canadian Prime Minister Justin Trudeau on Wednesday said he doubted whether U.S. President Donald Trump would carry out a threat to impose tariffs on autos, given the economic damage such a move would cause.

Business Newsin 4 days

A Hyundai logo is seen at Hyundai of Serramonte in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam

Hyundai <005380.KS> agreed a deal with Audi <NSUG.DE> on Wednesday to collaborate on hydrogen car technology, hoping to boost an energy segment that has lagged behind battery electric vehicles.

Business Newsin 4 days

FILE PHOTO: Canadian Foreign Minister Chrystia Freeland gestures during a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City, Mexico, March 5, 2018. REUTERS/Edgard Garrido/File Photo

The Canadian government believes a deal to update the North American Free Trade Agreement (NAFTA) is still possible despite a U.S. move to impose tariffs on Canadian and Mexican steel and aluminum, Foreign Minister Chrystia Freeland said on Tuesday.

Business Newsin 4 days

FILE PHOTO: Audi CEO Rupert Stadler speaks during the company's annual news conference in Ingolstadt, Germany March 15, 2018. REUTERS/Michael Dalder/File Photo

The arrest and detention of Audi's <NSUG.DE> chief executive forces Volkswagen Group's <VOWG_p.DE> competing stakeholders to renegotiate the delicate balance of power that has helped keep Rupert Stadler in office.

Business Newsin 4 days

FILE PHOTO: Rupert Stadler, CEO and Chairman of the Board of Management of Audi, attends the "AI for Good" Global Summit at the International Telecommunication Union (ITU) in Geneva, Switzerland June 7, 2017. REUTERS/Denis Balibouse/File Photo

Volkswagen <VOWG_p.DE> suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe.

Environmentin 4 days

FILE PHOTO: An exhaust pipe of a car is pictured on a street in a Berlin, Germany, February 22, 2018.    REUTERS/Fabrizio Bensch/File Photo

Britain still plans to end the sale of new diesel and petrol cars by 2040 and will set out more detail as soon as this week, a government source told Reuters on Tuesday after a report suggested the plans were being watered down.

Business Newsin 5 hours

FILE PHOTO - Harley-Davidson bikes are seen at the "Hamburg Harley-Days" in Hamburg, Germany, June 22, 2018. REUTERS/Fabian Bimmer

The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.

Business Newsin a day

FILE PHOTO - Parked cars are pictures at the car terminal at the port of Valencia, Spain May 29, 2018. Picture taken May 29, 2018. REUTERS/Heino Kalis

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.

Business Newsin a day

FILE PHOTO: Elon Musk, Chairman of SolarCity and CEO of Tesla Motors, speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. REUTERS/Rashid Umar Abbasi/File Photo

Electric car maker Tesla Inc's move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.

Business Newsin a day

FILE PHOTO: Former Volkswagen chief executive Martin Winterkorn arrives to testify to a German parliamentary committee on the carmaker's emissions scandal in Berlin, Germany, January 19, 2017. REUTERS/Fabrizio Bensch/File Photo

Volkswagen <VOWG_p.DE> is reviewing whether to seek damages from former Chief Executive Martin Winterkorn, who was at the helm when it emerged the carmaker had cheated on emissions tests, supervisory board member Stephan Weil told a newspaper.

Business Newsin a day

FILE PHOTO: U.S. National Transportation Safety Board (NTSB) investigators examine a self-driving Uber vehicle involved in a fatal accident in Tempe, Arizona, U.S., March 20, 2018.  A women was struck and killed by the vehicle on March 18, 2018.     National Transportation Safety Board/Handout via REUTERS/File Photo

The safety driver behind the wheel of a self-driving Uber car in Tempe, Arizona, was streaming a television show on her phone until about the time of a fatal crash, according to a police report that deemed the March 18 incident "entirely avoidable."

Business Newsin a day

A World Trade Organization (WTO) logo is pictured on their headquarters in Geneva, Switzerland, June 3, 2016. REUTERS/Denis Balibouse

The United States ramped up its challenge to the global trading system on Friday, telling the World Trade Organization that appeals rulings in trade disputes could be vetoed if they took longer than the allowed 90 days.

Business Newsin a day

FILE PHOTO - Aerial view shows cars parked in Royan, France April 12, 2018. REUTERS/Regis Duvignau

European and U.S. autos shares fell sharply on Friday after U.S. President Donald Trump threatened a 20 percent tariff on all car imports from the European Union if EU "tariffs and trade barriers" are not removed.

Business Newsin a day

FILE PHOTO: A staff member walks past U.S. and Chinese flags placed for a joint news conference by U.S. Secretary of State Mike Pompeo and Chinese Foreign Minister Wang Yi at the Great Hall of the People in Beijing, China June 14, 2018. REUTERS/Jason Lee/File Photo

U.S. protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernization, Chinese media said on Friday as Beijing kept up with its war of words with Washington while markets wilted.

Business Newsin a day

Germany hopes the EU's reaction to U.S. trade tariffs will bring sense to all those involved and that a negotiated solution will be sought, a spokeswoman for the economy ministry said on Friday.

Business Newsin 2 days

FILE PHOTO: Flags of U.S. and China are placed for a meeting between Secretary of Agriculture Sonny Perdue and China's Minister of Agriculture Han Changfu at the Ministry of Agriculture in Beijing, China June 30, 2017. REUTERS/Jason Lee/File Photo

An increasingly shrill exchange of words between the United States and China that is threatening to trigger a global trade war has claimed another victim - Germany's auto sector.

Business Newsin 2 days

FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico, November 9, 2017. Picture taken November 9, 2017. REUTERS/Edgard Garrido

General Motors Co <GM.N> is going ahead with its plan to manufacture the new Chevrolet Blazer SUV in Mexico, a spokesman for the automaker said on Thursday, despite criticism by U.S. President Donald Trump over making vehicles abroad.

Business Newsin 2 days

FILE PHOTO: Mercedes S-Class (S-Klasse) cars park at the final quality check at the production line of at the Mercedes Benz factory in Sindelfingen, Germany, January 24, 2018.   REUTERS/Ralph Orlowski/File Photo

Germany's Daimler <DAIGn.DE> cut its 2018 profit forecast and BMW <BMWG.DE> said it was looking at "strategic options" because of a trade war between China and the United States, sparking fears of a wave of earnings downgrades in the auto industry.

Business Newsin 2 days

Students attend Code Chrysalis, a software-coding boot camp, at a basement room in Tokyo, Japan, May 23 2018. REUTERS/Toru Hanai

Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.

Business Newsin 3 days

FILE PHOTO: A visitor takes pictures of a Toyota concept car during a media preview of the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Damir Sagolj/File Photo

Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, four people familiar with the matter said.

Commoditiesin 3 days

Canada's Prime Minister Justin Trudeau takes part in a news conference in Ottawa, Ontario, Canada, June 20, 2018. REUTERS/Chris Wattie

Canadian Prime Minister Justin Trudeau on Wednesday said he doubted whether U.S. President Donald Trump would carry out a threat to impose tariffs on autos, given the economic damage such a move would cause.

Business Newsin 4 days

A Hyundai logo is seen at Hyundai of Serramonte in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam

Hyundai <005380.KS> agreed a deal with Audi <NSUG.DE> on Wednesday to collaborate on hydrogen car technology, hoping to boost an energy segment that has lagged behind battery electric vehicles.

Business Newsin 4 days

FILE PHOTO: Canadian Foreign Minister Chrystia Freeland gestures during a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City, Mexico, March 5, 2018. REUTERS/Edgard Garrido/File Photo

The Canadian government believes a deal to update the North American Free Trade Agreement (NAFTA) is still possible despite a U.S. move to impose tariffs on Canadian and Mexican steel and aluminum, Foreign Minister Chrystia Freeland said on Tuesday.

Business Newsin 4 days

FILE PHOTO: Audi CEO Rupert Stadler speaks during the company's annual news conference in Ingolstadt, Germany March 15, 2018. REUTERS/Michael Dalder/File Photo

The arrest and detention of Audi's <NSUG.DE> chief executive forces Volkswagen Group's <VOWG_p.DE> competing stakeholders to renegotiate the delicate balance of power that has helped keep Rupert Stadler in office.

Business Newsin 4 days

FILE PHOTO: Rupert Stadler, CEO and Chairman of the Board of Management of Audi, attends the "AI for Good" Global Summit at the International Telecommunication Union (ITU) in Geneva, Switzerland June 7, 2017. REUTERS/Denis Balibouse/File Photo

Volkswagen <VOWG_p.DE> suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe.

Environmentin 4 days

FILE PHOTO: An exhaust pipe of a car is pictured on a street in a Berlin, Germany, February 22, 2018.    REUTERS/Fabrizio Bensch/File Photo

Britain still plans to end the sale of new diesel and petrol cars by 2040 and will set out more detail as soon as this week, a government source told Reuters on Tuesday after a report suggested the plans were being watered down.

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