China's BAIC is currently Daimler's third largest shareholder, but a stake of 10 percent will make it the biggest shareholder, surpassing its Chinese rival Zhejiang Geely, which controls a 9.69 percent stake.
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Not only are Hyundai, Kia and Genesis growing U.S. sales in a down market this year, but the company is investing billions of dollars in new technologies globally that could allow it to leapfrog traditional competitors.
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The results of Uber’s 2017-18 safety report, released this month, follow several external efforts to reform ride-hailing services.
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Two of the Detroit 3 won the ability to close plants, but the automakers agreed to contracts that are costlier than expected and don't address one of their top priorities: reducing their massive health care burden.
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Luca de Meo, head of VW Group's Seat brand, will initially become CEO of Renault for two years before taking over responsibility for the automaker's alliance with Nissan, Spanish newspaper La Vanguardia reported.
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The 2020 Nissan Sentra includes changes to give the near-entry sedan a touch of near-luxury class.
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The former COO of AutoNation talks to Automotive News about why he's back in the retail business with the Maroone USA dealership group formed in 2017.
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The federal agency said it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut this week. Autopilot has been engaged in at least three fatal U.S. Tesla crashes since 2016.
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The two companies are finalizing talks after announcing a plan for a $50 billion merger of equals in October that would create the world's fourth-largest automaker.
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Strong demand in Europe and tougher emissions rules across the European Union are forcing Mercedes-Benz to postpone the U.S. sales launch of its first electric vehicle, the EQC, to 2021, stymying the American unit's plans to compete with EVs from Tesla, Audi, BMW and Jaguar.
Continue Reading the above article 'Mercedes to delay U.S. sales of all-electric EQC b...