JLR CEO Ralf Speth has warned Theresa May’s government that a “bad Brexit” deal would jeopardize as much as 80 billion pounds ($106 billion) in investments over the next five years and could force the automaker to leave the UK

Fiat Chrysler Automobiles signaled that it will have more cash on hand than debt on its books by the end of this month for the first time since the merger that created it in 2009 during a wide-ranging series of long-term plans presented in Balocco, Italy. More at Automotive News

SHANGHAI — U.S.-made vehicle imports from Ford, Lincoln and some German brands are being held up for extra checks when clearing Chinese customs, Reuters reported this week. The impact on U.S. as well as other global car brands will be limited as most of their products are produced locally. What is worrisome is that as […]

Ford Motor Co. said production of F-150 and Super Duty pickups at multiple U.S. factories will be halted this week because of a fire at a supplier plant that produces instrument panels for the trucks. General Motors, Fiat Chrysler and Mercedes-Benz also reported production disruptions. Production of Ford’s most profitable vehicle could be knocked out […]

Last Wednesday, during Tesla’s earnings call, we learned that CEO Elon Musk planned to restructure the company and to cut the number of contractors used at Tesla’s factories. That day came suddenly this morning. Electrek reported this morning that it had obtained an internal memo from Musk noting that contractors’ time was up, and that […]

With Beijing planning to press automakers to boost electrified vehicle output and announcing a phaseout of limits on foreign ownership of local production ventures, one would expect global brands to show urgency in launching electric vehicles and relief at the prospect of breaking away from their forced partnerships with local companies. But last week at […]

Lear says it will close a seating plant in Ontario, Canada, after union members there rejected the latest tentative contract offer by 94 percent on May 1

German police have arrested Porsche’s powertrain development boss, Joerg Kerner, in connection with parent VW Group’s diesel scandal, sources said. Porsche management board member Michael Steiner is also under investigation, a report said.

These are not good times for the makers or owners of diesel cars, particularly in their European stronghold, where on average half of all new vehicles had been sold with diesel engines. Strict new real-world emission tests have proven hard to meet, consumers are starting to shy away from buying new diesels, and the values […]

Volkswagen Group has canceled all its contracts with the Bosnian supplier group that brought many of the automaker’s German factories to a halt two years ago when it stopped delivering components in a contract dispute. The parts-maker, Prevent Group, said VW Group’s action is illegal because the automaker gave just one day’s notice. It says […]