News - Auto News

EU hunts for ways to avoid U.S. steel, aluminum tariffs

The European Union scrambled to come up with a strategy to avoid American tariffs on foreign steel and aluminum, signaling a readiness to accept American import quotas and to slash some EU duties in return for a permanent waiver.

Russia, Japan warn U.S. of $1 billion in tariff retaliation

Russia and Japan have warned they could retaliate against U.S. tariffs on steel and aluminium by imposing sanctions worth almost $1 billion combined.

China cuts import duty to 15% in boost for BMW, Tesla, Mercedes, Porsche

China will cut the import duty on passenger cars to 15 percent from the current 25 percent, in a boost to foreign automakers, just as the immediate threat of a trade war with the United States recedes.

Tesla's Musk admits Model 3 braking issue, promises fix

Tesla CEO Elon Musk admitted there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports, and said it can be fixed with a firmware update.

BP invests in tech to charge cars as quickly as filling fuel tank

BP agreed to invest $20 million in a developer of ultrafast charging for batteries, a technology the oil company believes is key for accelerating the adoption of EVs.