VW and Ford in talks on self-driving and electric vehicles

11 November, 2018 8:17 am 8:17 am

FRANKFURT (Reuters) – Volkswagen AG  and Ford Motor Co  are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter. The German and US automakers are expected to provide an update on the progress … Read More

Trump administration says trade pact will bring auto jobs back to US

10 October, 2018 8:37 am 8:37 am

WASHINGTON (Reuters) – US Commerce Secretary Wilbur Ross sees tens of thousands of jobs flowing back into the US auto sector, especially among suppliers, thanks to the Trump administration’s new trade deal with Mexico and Canada, while industry executives and analysts are less upbeat as higher costs could hurt sales. Ross told Bloomberg TV that … Read More