automaker News Updates

Volkswagen is restructuring to slim its sprawling portfolio and lift profitability. Ducati is one brand that could be jettisoned even though the motorcycle maker is among the group’s most prestigious assets.

Prime Minister Mark Carney unveiled a C$9 billion partnership with Ontario to support the province’s tariff-battered steel and auto industries.

The U.S. joined 14 other economies in pledging to confront excess manufacturing capacity and production in certain sectors.

Toyota and Hyundai are pulling closer to Detroit’s marquee automakers in the U.S. auto market, boosted by demand for gas-electric hybrids and affordable vehicles.

Trump said the plant, when completed, would produce 10 million tons of steel a year using iron ore from one of the company’s Minnesota mines.

The Trump administration finalized a significant weakening of federal fuel economy standards for automobiles Sept. 28.

The group outlined security risks and economic threats to the U.S. posed by subsidized Chinese automobiles and connected vehicle technology.

Cutting out Ducati would help streamline VW’s portfolio to focus on carmaking. VW is trying to slim down in an effort to make Europe’s biggest carmaker more competitive. 

The head of the Alliance for Automotive Innovation said lawmakers should ban Chinese connected cars as well as related vehicle software and hardware before the legislative session ends in January.

The leadership change injects a measure of uncertainty at Rivian as the company works to accelerate deliveries of its new, lower-cost line of vehicles.