News - Auto News

Ford CEO Jim Hackett says Trump's metal tariffs have eaten $1 billion in profit

Ford CEO Jim Hackett encouraged the Trump administration to resolve trade disputes quickly or it could do "more damage" to his company.

Warrern Buffett's bet on China car industry rakes in $1.3 billion in a decade

How has the king of buy-and-hold investment fared in China? Not bad, based on a bet Warren Buffett made a decade ago.

Renault-Nissan-Mitsubishi boss Carlos Ghosn vows to stick around

Those bracing for a potentially radical change in Renault-Nissan-Mitsubishi can rely on one thing: Its driving force staying put.

Tesla offers incentives, taps volunteers in end-of-quarter rush

Tesla is offering incentives and tapping an army of brand-loving volunteers in a frantic push to boost sales and deliveries before the end of the quarter.

Philippine inventor Kyxz Mendiola aims to cut travel times with passenger drone

Kyxz Mendiola has unveiled what he calls a flying sports car that represents the future of transport, riding it out of a warehouse towards a cheering crowd, leaving a cloud of dust in his wake.