US microchip maker Intel is about to be the new company behind the wheel at the driverless technology firm Mobileye.
Toyota has been touting its production plans in the United States, joining other carmakers at the North American International Auto Show in Detroit who are keen to avoid being tweeted by Donald Trump over where they build their vehicles.
Mexico’s currency, the peso, tumbled again on Wednesday, hitting a new record low against the dollar after Ford cancelled plans to build a huge car-making plant in the country following criticism by President-elect Donald Trump.
BMW says the fact that it sold more smaller vehicles and fewer in the US hit its quarterly operating profit.
Car maker Fiat Chrysler is to recall nearly two million vehicles worldwide to resolve an air bag defect that has been linked to at least three deaths and five injuries.
The German Economy Ministry is urging Volkswagen and two of its suppliers to quickly end a dispute that has created production delays at six plants including VW’s main factory in Wolfsburg.