Craig Trudell

The UK government vowed more support for the nation’s car industry and will consult with manufacturers on changes to an electric-vehicle sales mandate they won’t come close to meeting this year.

Transportation Secretary Pete Buttigieg set the Tesla CEO straight.

UK car output slumped for the eighth consecutive month in October, leading the industry’s trade group to warn of further deterioration in the outlook for automakers.

The UK government has vowed to change rules that force the car industry to ramp up sales of electric vehicles after a chorus of complaints from the industry.

Volkswagen AG’s biggest shareholder withdrew its forecast for the year and warned of massive impairments of its investments in the struggling German carmaker.

Nissan Motor Co.’s discussions about a potential deal with Honda Motor Co. indicate the former is in “panic mode,” according to Carlos Ghosn, the ex-chairman of the struggling Japanese automaker.

The former chairman of Nissan discusses a potential deal with Honda, whether Renault will want in, and why Foxconn is kicking tires.

Nissan Motor Co. pursuing a deal with Honda Motor Co. indicates the former is in “panic mode,” according to Carlos Ghosn, the ex-chairman of the struggling Japanese automaker.

Tesla Inc. could collect more than €1 billion ($1 billion) in compensation from rival automakers that need help meeting tougher pollution standards in the European Union this year, UBS Group AG analysts said.

(Bloomberg) -- Tesla Inc. could collect more than €1 billion ($1 billion) in compensation from rival automakers that need help meeting tougher pollution standards in the European Union this year, UBS Group AG analysts said.