Takata, a Japanese auto parts supplier, faces lawsuits and bankruptcy for their faulty air bags, but it could take years to get the dangerous devices off the roads in the U.S. and around the world. » Read More
Consumers will pay an average of $2.21 per gallon at the pump, GasBuddy reports. » Read More
Johnson Controls CEO, Alex Molinaroli, says in spite of slowdown worries, he remains upbeat about achieving double digit growth in China. » Read More
By: Robert Ferris
The scientists say their work gives insights into how future oil spills could be mitigated. » Read More
Trader Jon Najarian shares his investment stance on a group of auto parts makers.
Judges praised Chevrolet's mid-priced all-electric sedan with its long-range battery, NBC News reports.
Toyota will spend $10 billion in the U.S. over the next five years, matching the Japanese automaker's investments over the prior five years.
Ford Motor CEO Mark Fields, Monday on CNBC, explained the automaker's ambitious plan to create the autonomous vehicle of the future.
But Fiat Chrysler CEO Sergio Marchionne says the decision to announce the U.S. investments was "coincidental" to Trump's tweets.
Fields says Ford wants to use its existing facilities around the world but does not condemn Trump's goals.
"BMW is a global company & our new plant now under construction in San Luis Potosi is part of our expanding global production network" BMW Group said.
The FBI has arrested a Volkswagen executive who faces charges of conspiracy to defraud the U.S., the NYT reports.
Alphabet's Waymo is "closer to scaling our technology to potentially millions of people every day," said John Krafcik, the CEO.
The automaker is set to inject a billion in two plants, in the wake of a similar decision by Ford Motors.
Fiat Chrysler saw its U.S.-listed shares spike more than 6 percent on Friday, boosted by an upgrade at Goldman Sachs.
The Japanese automaker said it has been part of the "cultural fabric in the U.S. for nearly 60 years," NBC News reports.
Hyundai Motor reveals a concept cockpit for a car that could "monitor the physical and mental state of the driver."
Cramer's comments come after Trump threatened Toyota Motor with a large border tax if it builds a new plant in the U.S.
Despite Trump's public shaming, the American auto industry has been adding U.S. jobs faster than other major sectors.
Toyota shares dropped by as much as 3.1 percent in early trade.
Trump has threatened automakers with a border tax, which he argues will encourage companies to keep production in the U.S., creating jobs for Americans.
An autonomous car requires sensory, mapping and negotiating abilities to successfully drive itself, Mobileye CTO Amnon Shashua says.
The presidents of Toyota Motor and Honda Motor said they have no immediate plans to curb production in Mexico.
While the president-elect slapped GM and Ford for making cars in Mexico, they are not that country's biggest automotive export.