Beijing auto show expected to be postponed amid new virus outbreak
The biennual Beijing auto show was scheduled to begin on April 21 in the Chinese capital, but surging COVID cases are prompting organizers to reschedule it.
Russia's threat to nationalize assets could cost auto industry billions
Russia is considering seizing the assets of companies that have left the country in response to its invasion of Ukraine, putting billions of dollars in automotive assets at risk.
U.S. trade office excludes some China auto parts from tariffs after review
The list of reinstated product exclusions covers several auto parts such as switches designed for use in vehicles, rearview mirrors, cooling pumps for internal combustion engines and position or speed sensors for transmissions.
Ford, amid internal reorganization, creates unit for developing autonomous vehicles, new technologies
Ford CEO Jim Farley formed Ford Next late last year and put it under the direction of Franck Louis-Victor, a hard-charging specialist in new businesses hired last June from Renault.
LG wins subsidies for $1.7B EV battery plant expansion in Mich.
The project will create as many as 1,200 jobs, paying an average of $1,257 a week, plus benefits, according to a memo published by the Michigan Economic Development Corp.