Tesla Inc will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors.
Chinese carmaker Geely said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs.
China’s Zhejiang Geely Holding does not plan to buy more Daimler shares “for the time being,” it said on Saturday.
A group of mainly German carmakers will open ultra-fast electric vehicle charging stations this year and plans a pan-European network of 400 by 2020.
Subaru said Friday it allowed uncertified staff to do inspections on some vehicles for more than three decades.
German carmakers being investigated over possible collusion did not engage in price fixing or an illegal cartel.
Germany's biggest labor union called on Tuesday for a 6 percent pay rise for Volkswagen workers in the carmaker's home market.