Autonews - Breaking

• newNo apology for Elon Musk from British diver at 'pedo guy' defamation trial

  

  Jurors could have the case by the end of Thursday, or on Friday morning, following testimony from other witnesses and closing arguments.
  - 9 mins ago 5 Dec 19, 7:23pm -
• newChinese, western consumers divided on electric, self-driving cars, survey finds

  

  A new global survey shows automakers, ride-hailing and technology companies plowing money into the development of electric, self-driving and shared car services will find more enthusiastic consumers in China than in Europe and the United States.…
  - 1 hour ago 5 Dec 19, 6:05pm -
• newUAW executive board names Rory Gamble president

  

  Gamble has served as the union's acting president since former President Gary Jones last month took a leave of absence amid a widening corruption scandal. He becomes the union's first African American president.
  - 4 hours ago 5 Dec 19, 3:17pm -
• newToyota, Lexus adjust auto show strategy to aim at consumers

  

  Toyota will continue to have a presence in New York and other large and regional auto shows, but the automaker may aim its marketing dollars more at experiential efforts at the shows for consumers.
  - 5 hours ago 5 Dec 19, 2:58pm -
• newAston Martin could be bought by Canadian billionaire, report says

  

  Lawrence Stroll's consortium aims to take advantage of Aston Martin's low stock price to take a controlling stake in the U.K. sports-car maker, British motoring magazine Autocar reported.
  - 5 hours ago 5 Dec 19, 2:26pm -
• newGM, LG Chem form joint venture to make batteries near Lordstown

  

  General Motors and LG Chem will invest a combined $2.3 billion to mass produce battery cells in northeast Ohio, near GM's former Lordstown assembly plant.
  - 6 hours ago 5 Dec 19, 2:00pm -
• newNissan orders two-day furlough for U.S. employees amid falling sales

  

  The automaker's U.S. operations will be closed and all employees will forgo pay for two days after the New Year's holiday. Employee travel expenses will be cut by half, effective immediately.
  - 17 hours ago 5 Dec 19, 2:57am -

• newFiat Chrysler challenges Italy tax agency over value of U.S. business

  

  FCA may have to pay up to $1.5 billion in back taxes after Italy's tax authorities said the company underestimated the value of its U.S. business following the acquisition of Chrysler. 
  - 20 hours ago 4 Dec 19, 11:35pm -
• newWells Fargo hires Scott Powell as COO

  

  Powell, most recently CEO of Santander Holdings USA Inc., will focus on relationships with regulators for Wells Fargo, one of the nation's largest auto lenders. 
  - 21 hours ago 4 Dec 19, 10:49pm -
• newAuto parts firms agree to pay California $23 million in antitrust probe

  

  The largest California settlement is with Toyota-affiliated supplier Denso for $4.5 million, California Attorney General Xavier Becerra said in a statement.
  - 23 hours ago 4 Dec 19, 8:24pm -