New car demand remains strong in US

New car demand remains strong in US: Though sales are likely to fall short of 2016 s record 2017 is still expected to be the fourth-best sales year in US history

Carmakers sweep waste off factory floors for good

Carmakers sweep waste off factory floors for good: They now have the ways and means to reuse them in some form or other

US tax reform promises big income boost for German carmakers

US tax reform promises big income boost for German carmakers: Daimler projects its net income to grow by around 1 7b euros this year

Toyota to make over 10 battery EV models in early 2020s

Toyota to make over 10 battery EV models in early 2020s: Says battery development costs to exceed 13b through 2030

Chinese electric-car startup NIO prices debut model at $67,783

Chinese electric-car startup NIO prices debut model at $67,783: The seven-seater ES8 compares with 836 000 yuan for Tesla s Model X and 596 300 yuan for BMW s gasoline-powered X5

SoftBank seeking to buy Uber stock at 30% discount

SoftBank seeking to buy Uber stock at 30% discount: Move would value ride-hailing company at 48b far less than its valuation of 69b at the most-recent fundraising round

Ford may exit some markets in South America, JPMorgan says

Ford may exit some markets in South America, JPMorgan says: South America remains important to Ford s business operations and the company will continue to focus on making it operationally fit