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BMW bets on cuts, new models and AI to revive its fortunes

BMW bets on cuts, new models and AI to revive its fortunes

By Christina Amann and Rachel More MUNICH, Sept 30 (Reuters) - BMW set out a restructuring plan on Wednesday centred on AI, management cuts and two new model launches as the German luxury automaker seeks to restore investor confidence after a string of profit warnings and a deep slump in its share

Aston Martin Expands Model Range and Embraces Electrification Under New Leadership

Aston Martin Expands Model Range and Embraces Electrification Under New Leadership

Aston Martin Expands Model Range and Embraces Electrification Under New Leadership

Senators will try to win approval of permanent Chinese car ban in November

Senators will try to win approval of permanent Chinese car ban in November

By David Shepardson WASHINGTON, Sept 30 (Reuters) - The two US senators backing a permanent legislative ban on Chinese vehicles in the US will not seek approval until the Senate returns from recess in November, congressional aides said Wednesday.

Detroit Free Press

General Motors saw U.S. sales slide in Q3. What the numbers tell us

General Motors saw U.S. sales slide in Q3. What the numbers tell us

The Detroit automaker reported Oct. 1 that it sold 670,974 vehicles in the quarter. That decline included a major drop in Cadillac sales.

Detroit Free Press

As Stellantis attempts rebound, CEO says he is confident in company

As Stellantis attempts rebound, CEO says he is confident in company

Stellantis CEO Antonio Filosa said on Wednesday that he is confident in the company's reset plan and believes it will reach its lofty goals.

Senate punts bill to permanently ban Chinese cars until after midterm elections

Senate punts bill to permanently ban Chinese cars until after midterm elections

A bill aiming to permanently ban the sale of Chinese vehicles in the United States stalled in the Senate as lawmakers headed for the exits until after the November midterm elections

Nissan North America Prioritizes Hybrid Powertrains, Targets 30-40% Rogue Hybrid Sales

Nissan North America Prioritizes Hybrid Powertrains, Targets 30-40% Rogue Hybrid Sales

Nissan North America Prioritizes Hybrid Powertrains, Targets 30-40% Rogue Hybrid Sales

GM CEO Mary Barra Adjusts Autonomous Driving Timeline, Prioritizes EVs

GM CEO Mary Barra Adjusts Autonomous Driving Timeline, Prioritizes EVs

GM CEO Mary Barra Adjusts Autonomous Driving Timeline, Prioritizes EVs

UK new car sales rise 12% in September as EVs and Chinese brands gain ground

UK new car sales rise 12% in September as EVs and Chinese brands gain ground

Oct 2 (Reuters) - Britain's new car registrations rose 12% in September from a year earlier to their highest level for the month since 2017, helped by strong demand for electric vehicles, according to preliminary data from a trade body on Friday.

Senate Republican says Chinese vehicle bill will not ban Mercedes-Benz in US

Senate Republican says Chinese vehicle bill will not ban Mercedes-Benz in US

By David Shepardson WASHINGTON, Sept 29 (Reuters) - A sponsor of a bill to toughen a US government ‌ban on Chinese vehicles said on Tuesday that talks are ongoing to ensure that German automaker Mercedes-Benz is not banned from selling vehicles in the US.

BMW targets margin recovery with cuts and local production

BMW targets margin recovery with cuts and local production

By Christina Amann and Rachel More MUNICH, Sept 30 (Reuters) - German premium carmaker BMW will set out plans for more local production as it seeks to rebuild margins after a series of profit warnings tied to weak performance in China, Bernstein analysts said on Wednesday.

Restored 1955 Mercedes-Benz 300 SL Gullwing to be Auctioned at Bonhams Cars The Zoute Sale

Restored 1955 Mercedes-Benz 300 SL Gullwing to be Auctioned at Bonhams Cars The Zoute Sale

Restored 1955 Mercedes-Benz 300 SL Gullwing to be Auctioned at Bonhams Cars The Zoute Sale