#auto

12:06pm, 21st March, 2019

U.S. government sued for access to auto tariff probe report

A conservative group has sued the U.S. government for access to a report on whether auto imports pose a big enough security risk to justify hefty tariffs on the sector, part of a growing chorus demanding a copy of the document.

AutoNation names new CEO as slowing auto sales hit results

1:33pm, 22nd February, 2019

Business

AutoNation names new CEO as slowing auto sales hit results

AutoNation Inc said on Friday it has chosen insurance and financial services executive Carl Liebert to succeed longtime Chief Executive Officer Mike Jackson and lead the largest U.S. auto dealership chain at a challenging time, when the domestic vehi...

Trump team to scrap talks with California on auto emissions: official

4:26pm, 20th February, 2019

Politics

Trump team to scrap talks with California on auto emissions: official

U.S. federal officials have decided to end negotiations with California over the Trump administration's plans to roll back fuel economy rules designed to reduce greenhouse gas emissions, a government official said on Wednesday.

Auto industry lines up against possible U.S. tariffs

4:04pm, 18th February, 2019

Business

Auto industry lines up against possible U.S. tariffs

The U.S. auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce Department sent a confidential report to the White House late on Sunday with it...

U.S. agency submits auto tariff probe report to White House

11:48pm, 17th February, 2019

Business

U.S. agency submits auto tariff probe report to White House

The U.S. Commerce Department sent a report on Sunday to U.S. President Donald Trump that could unleash steep tariffs on imported cars and auto parts, provoking a sharp backlash from the industry even before it is unveiled, the agency confirmed.

Exclusive: Wells Fargo says auto insurance remediation will not wrap up until 2020

3:10pm, 29th October, 2018

Business

Exclusive: Wells Fargo says auto insurance remediation will not wrap up until 2020

Wells Fargo & Co will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until at least 2020, the bank said in a letter to U.S. lawmakers seen by Reuters.

Exclusive: Reverse gear - China car dealers push for tax cut as auto growth stalls

4:08am, 11th October, 2018

Business

Exclusive: Reverse gear - China car dealers push for tax cut as auto growth stalls

China's top auto dealers' association has asked the government to halve taxes on car purchases to revive faltering sales, sources said, as worries grow the country's auto market could shrink this year for the first time in decades.

White House to propose weaker auto emissions rules, overriding California

5:39am, 2nd August, 2018

US

White House to propose weaker auto emissions rules, overriding California

The Trump administration on Thursday will move to revoke California's authority to set its own strict tailpipe emissions rules and mandate the sale of electric vehicles, as it proposes weakening Obama-era federal fuel efficiency standards.

Global auto powers plotting response to Trump auto tariff threats

6:22pm, 28th July, 2018

Business

Global auto powers plotting response to Trump auto tariff threats

Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald Trump to impose tariffs on U.S. imports of autos and car parts, officials familiar with the talks sa...

U.S. tariffs could raise auto prices by $83 billion: trade group

10:13am, 19th July, 2018

Business

U.S. tariffs could raise auto prices by $83 billion: trade group

A group representing major automakers will tell the U.S. Commerce Department on Thursday that imposing tariffs of 25 percent on imported cars and parts would raise the price of U.S. vehicles by $83 billion annually and cost hundreds of thousands of j...

Rebates protect Canada's auto industry from retaliatory tariffs

12:19am, 16th July, 2018

Business

Rebates protect Canada's auto industry from retaliatory tariffs

Canadian government customs provisions are expected to soften the blow on the country's powerful automotive industry from retaliatory tariffs on U.S. steel, according to trade lawyers and industry leaders bracing for higher costs.

As investment stalls, auto industry warns PM May: Avert a Brexit car crash

6:37am, 26th June, 2018

UK

As investment stalls, auto industry warns PM May: Avert a Brexit car crash

LONDON (Reuters) - Uncertainty over Brexit has halved new investment in the British car industry and Prime Minister Theresa May should urgently change tack to keep the world's fifth largest economy in the EU's customs union, the country&#03...

EU to respond to any U.S. auto tariff move: report

10:28am, 23rd June, 2018

Business

EU to respond to any U.S. auto tariff move: report

PARIS (Reuters) - The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.

Trump greets EU trade reprisals with threat of steep auto tariff

4:28pm, 22nd June, 2018

Business

Trump greets EU trade reprisals with threat of steep auto tariff

WASHINGTON (Reuters) - President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 percent tariff on all U.S. imports of European Union-assembled cars.

Trump torpedoes G7 effort to ease trade spat, threatens auto tariffs

8:44pm, 9th June, 2018

World

Trump torpedoes G7 effort to ease trade spat, threatens auto tariffs

LA MALBAIE, Quebec (Reuters) - U.S. President Donald Trump on Saturday threw the G7’s efforts to show a united front into disarray after he became angry with Canadian Prime Minister Justin Trudeau, and said he might double down on import tariffs by h...

8:44pm, 9th June, 2018

Business

Trump torpedoes G7 effort to ease trade spat, threatens auto tariffs

LA MALBAIE, Quebec (Reuters) - U.S. President Donald Trump on Saturday threw the G7’s efforts to show a united front into disarray after he became angry with Canadian Prime Minister Justin Trudeau, and said he might double down on import tariffs by h...

U.S. auto import probe fans tariff fears, riles Asia, Europe

1:00pm, 24th May, 2018

Business

U.S. auto import probe fans tariff fears, riles Asia, Europe

(Reuters) - A U.S. threat that it may introduce tariffs on foreign auto imports drew strong criticism on Thursday from the country's main business lobbying group, which warned of a "staggering" blow to the industry and the prospect of...

U.S. launches auto import probe, China says will defend interests

4:30am, 24th May, 2018

Business

U.S. launches auto import probe, China says will defend interests

WASHINGTON (Reuters) - The Trump administration has launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.