U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period end in November with no action. U.S. President Donald Trump did not announce any new tariffs after a six-month, self-imposed review period expired in mid-November following a Commerce Department "Section 232" investigation into whether imported autos pose a national security threat.

British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company's chief executive said on Tuesday. "We need to put more cars into Asia," McLaren CEO Mike Flewitt said in a meeting with reporters in Detroit. Sales of McLaren's carbon fibre and aluminium sports cars, which start at about $200,000 in the United States, have fallen in the United Kingdom, its largest market.

Hyundai Motor plans to invest about 61.1 trillion won ($51.81 billion) between 2020 and 2025, the company said on Wednesday, with a third of the expenditure focused on electric and autonomous vehicles, but analysts want to see it deliver. Shares in Hyundai rose as much as 2% on the news, only to give up most of their gains by the close of trade, with analysts waiting to see how its intentions translate into action. "Its announcement of investment plan and goals is full of good words, but not r

A foldable forklift. BM 214 by Palfinger is a collapsible forklift that fits neatly in a box. The remote-controlled forklift has a lifting capacity of 4,630 lbs. It’s powered by a diesel engine. BM 214 can extend to reach over 9 feet. When collapsed the compact forklift can be stored under the truck. This helps create a good center of gravity for the carrier vehicle. The BM 214 can be ready to operate in just 30 seconds. BM 214 by Palfinger is a compact and foldable remote-control forklift. I

High-tech entrepreneur Elon Musk took the witness stand at his defamation trial on Tuesday, testifying that his inflammatory Twitter message at the center of the case was sent in response to an "unprovoked" insult he received from the man now suing him. Musk, the billionaire chief executive of electric carmaker Tesla Inc , was the first witness to testify in the lawsuit brought by a British cave diver who gained fame for his leading role in the rescue of 12 boys and their soccer coach f

We're playing F1 2019 today.

The United Auto Workers union has replaced its auditing firm, added four internal auditors and hired a big accounting firm to study its financial controls in an effort to prevent a repeat of the embezzlement and bribery discovered in a federal probe of the union. The moves announced Monday by Secretary-Treasurer Ray Curry come after last month’s resignation of President Gary Jones, who has been implicated in the scandal. Several other union officials have been charged or implicated in the prob