Daimler CEO Dieter Zetsche on Tuesday welcomed Geely Chairman Li Shufu as a new shareholder and said any industrial alliance will depend on whether current China partner BAIC agrees.
Daimler CEO Dieter Zetsche on Tuesday welcomed Geely Chairman Li Shufu as a new shareholder and said any industrial alliance will depend on whether current China partner BAIC agrees.
Tariffs on car imports in the United States, if implemented, would hurt jobs in the world’s second-largest car market, the CEO of BMW said.
Tesla shareholders should reject a plan to grant Elon Musk an award worth more than $2 billion, the world’s second-biggest proxy adviser recommended.
Volkswagen remains bullish on U.S. auto shows, including the one in Detroit.
Fiat Chrysler CEO Sergio Marchionne called for a cooling-off over U.S. threats to impose tariffs on steel, aluminum and European car imports, warning the resulting “noise” was complicating talks on the future of NAFTA.
the Trump administration has offered to exclude Canada and Mexico from tariffs on steel and aluminum as an incentive to reach a deal on a new NAFTA before a string of elections make it difficult.
Mercedes-AMG launches first four-door sports car in the GT line.
Automotive companies on both sides of the Atlantic pushed back on President Donald Trump’s talk of a trade war with Europe using a similar refrain: Everyone will suffer if his rhetoric becomes reality.
In Detroit, they can’t stop talking about Mercedes-Benz’s decision to skip the auto show next January. But stranger for me was walking into the Palexpo and not seeing Opel at its accustomed spot.
Hyundai is recalling nearly 44,000 vehicles in the United States because the steering wheel may detach from the steering column while the vehicle is being driven, increasing the chance of a crash.