To Combat Gasoline Black Market, Mexican Oil Giant Pemex Will Send Unfinished Gasoline Through Its Pipelines
Petróleos Mexicanos will begin delivering unfinished gasoline and diesel to its terminals to dissuade organized crime.
Student Loan Debt Increased By $77B Last Year, Hitting A Record $1.16T; Student, Auto Borrowers Lagging
The New York Fed said Tuesday that more students and auto borrowers fell behind in payments in the fourth quarter of 2014.
Mahindra & Mahindra Plans To Sell Reva E20 Electric Car In Europe This Year
India's Mahindra Reva wants to lure Europeans to a low-cost, all-electric city car that has not sold well back home.
Chinese Car-Booking Services Kuaidi, Didi Merge Into $6B Company To Fend Off Uber
Chinese companies aren’t sitting idle as Uber seeks inroads in their market for cars that can be hailed by smartphone.
Tesco Could Lay Off 10,000 As New Leadership Arrives To Fix Britain’s Largest Retailer
The new leadership of the beleaguered British retail giant is embarking on a painful push for recovery.
China Steel Exports To India Have More Than Doubled, Raising Ire Of Domestic Producers Who Now Want Import Tariffs
Indian steel producers are raising alarm after Chinese steel imports more than doubled last year.
Rolls-Royce Holdings Bribery Accusations: British Turbine Maker Rejects Bribery Allegations Involving Brazilian Oil Giant Petrobras
British engineering firm Rolls-Royce Holdings says it didn’t bribe Brazilian executives to provide gas turbines to Petrobras offshore platforms.
Auto Safety Recalls: Car Companies Issued Average Of 2.2 US Recalls A Day In 2014, But Many Owners Ignore Recall Notices
As many as half of car owners ignore efforts to get flawed vehicles repaired as they casually accept the risks.
Rolls-Royce Holdings: Oil Prices Are Hitting Marine Offshore Business, 2015 Profits Seen Plunging 13%
The world’s second-largest maker of aircraft engines is being hit hard by a decline in its marine offshore business.
West Coast Ports Labor Dispute: Long Beach Port CEO Says By Weekend There Could Be 40 Ships Waiting To Unload
The head of America’s second-largest port says recent delays will double idling cargo ships off the coast of Los Angeles.
Tesla Motors Inc Stock Dives After Weak Sales Announcement; Tesla Is Becoming ‘More Like Other Automakers’
Tesla is spending at a faster rate than expected, as it tries to become a big player in a capital-intensive industry.
Tesla Motors Inc. Fourth-Quarter Earnings: Tesla Misses, By A Lot; It Sold 1,400 Fewer Model S Cars Than Promised
The Fremont, California, maker of the Model S electric car reported a major miss on fourth-quarter and annual results.
Tesla Motors Inc. 2015: Here Are The Key Factors In This Transition Year For Maker Of Model S Sedan
As Tesla closes the book on 2014, here’s what’s important for the company heading into its transition year.
Industrial Robots Could Be 16% Less Costly To Employ Than People By 2025
A new report shows industrial robotics prices are starting to fall below the cost of labor. And it’s happening worldwide.
How Driverless Car Technology Could Drive Down US Car Ownership By Over A Third
A new study suggests robotic cars could greatly slash U.S. car ownership by serving multiple family members.
Chinese Car Buyers Shrugged At Economic Slowdown, Bought Over 2M Cars In January, Up 10.4%
China’s economy is slowing, but so far this hasn’t impacted demand for new cars.
Chinese Tech Companies Pateo, Yongche Are Working With Chery Automobile To Offer Electric Smart-Car Ridesharing By 2016
China’s largest supplier of wireless car computers is teaming up with automaker Chery and ridesharing platform Yongche.
Air Bag Recall List Grows: 2015 Has Already Seen Safety Recalls Covering Millions Of Vehicles
Four automakers have issued air bag-related recalls covering 2.31 million vehicles since the start of 2015.
Tesla Motors Inc (TSLA) Q4 2014 Earnings Preview: Can Tesla Thrive Against Electric Cars Like Chevrolet Bolt And Audi Q8 E-Tron?
If the electric car market is about to break out then Tesla will face the giants poised to cash in.
As January 2015 New-Auto Sales See Double-Digit Growth, Where Are The Cars For The Middle Class?
Automakers reported a big jump in new-car sales in January, but data suggests the “middle class” average price is a myth.
Foxconn ‘Overworks Staff’ In Order To Be A Fortune 500 Company, Says China’s Largest Union Federation
Companies routinely violate Chinese labor laws, forcing workers into long shifts without proper compensation, says the world’s largest union federation.
US Auto Sales In China: New-Car Smell? No Thanks, Say Chinese Car Buyers
Lincoln scrubs odors from vehicles it exports to China, a massive car market whose consumers have distinct preferences.
GM Ignition Switch Recall: Death Claims Filed To General Motors Surge To 445
General Motors compensation chief Kenneth Feinberg says processing claims for death and injury will take months.
GM Ignition Switch Recall: As Compensation Deadline Arrives, Families Say Air Bag Rule Excluded Them
People claim the air-bag rule in GM's compensation guidelines ignores victims who restarted cars in their struggle to regain control.
Shake Shack Inc (SHAK) Wage Policy Could Confront Pressure From Wall Street
With Shake Shack going public, will investors eventually demand it control payroll costs to produce higher returns?
US Economy Expanded 2.4% In 2014; Fourth-Quarter Growth Missed Estimates
Increase in imports, drop in federal spending slowed U.S. economic growth in the last three months of the year.
The Safest Cars? Nine Models, Including Toyota Highlander, Volvo XC90, Have Zero Driver-Fatality Rates
Six years ago, not one vehicle had a zero-driver-death track record. Now there are nine.
How China's Alibaba Helps Counterfeit Goods Reach US Pirates, Amazon
China wants Alibaba to do more to stop counterfeit goods. Meanwhile, here’s how to get fake stuff through the e-commerce giant.
Here’s Why High-Risk Subprime Auto Loans Are Growing, But Auto Loan Defaults Aren’t
Higher-risk auto lending hinges on the bet that the working suburban poor need cars more than most.
January 2015 US New-Auto Sales Forecast: Up 13% Compared To Last January, Which Had Harsher Winter Weather
Winter has been more forgiving on dealerships this year than last. American automakers are seeing high demand for trucks and SUVs.