Author: Automotive News Breaking News Feed

Cadillac plans to temporarily halt its Book by Cadillac vehicle subscription service on Dec. 1 ahead of a planned relaunch of the program early next year.

Uber asked Pennsylvania for permission to resume self-driving vehicle testing on public roads and said it has improved autonomous vehicle software, more than seven months after the company suspended testing after a deadly crash in Arizona.

Tesla said it received a subpoena from the Securities and Exchange Commission regarding certain projections that the EV maker made for Model 3 production rates during 2017 and other public statements relating to Model 3 output.

German supplier Continental reached an agreement to acquire Cooper-Standard Automotive’s anti-vibration systems business for $265.5 million.

Tesla is developing plans to start producing about 3,000 Model 3 vehicles per week in Shanghai in the initial phase of its Gigafactory 3 to reduce the impact of tariffs.

UK chemicals company Ineos is in talks with Ford to build a Land Rover Defender rival at the automaker’s engine plant in Wales, the Financial Times reported.

Faraday Future has begun exploring strategic options, including debt and equity financing, two days after the Chinese electric vehicle developer’s co-founder Nick Sampson stepped down.

Audi’s industry-best sales streak ended in October as the German premium brand posted its first monthly decline exactly nine years after its last one, in October 2009. Audi’s sales fell 17 percent in October to 16,056.

Despite a 5 percent U.S. sales decline, Mercedes-Benz remained No. 1 among luxury brands last month, extending its lead over BMW on the year.

The soft-top, four-seat 2019 BMW M850i xDrive Convertible will launch in March and start at $122,395, including shipping.