News - Auto News

Why Toyota is slowing down Camry production

Toyota is slowing down production of the Camry, the top-selling car in the U.S. for 16 years running, underscoring the ongoing slump besetting sedans.

Elon Musk's infamous tweet creates legal morass for Tesla

Elon Musk's infamous tweet saying he'd secured funding to take Tesla private did so much damage to so many different kinds of investors that he should have multiple class-action suits, lawyers said.

VW invests in electrification, seeks to strengthen alliances with battery makers and rival automakers

VW's top board is due to vote on a multibillion-euro investment plan, including steps to retool three German plants to mass produce EVs and to explore alliances with battery partners and competitors.

VW to create Europe's largest electric-car production network

VW will convert two more plants in Germany to build electric vehicles, creating what the automaker said will be Europe's largest EV production network.

VW CEO Diess will succeed Jochem Heizmann as China chief next year

VW Group CEO Herbert Diess will take responsibility for the automaker's China operations from Jochem Heizmann, who is retiring, Reuters reported.