French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets. The slump was outpaced by a 7.1 percent global market contraction, it added. The sales announcement comes amid gathering gloom for the global auto industry, with major markets in decline and trade barriers looming.

Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries. To simplify its offerings, the automaker on Tuesday limited variants of its Model X sport-utility vehicle and Model S sedan to "Long Range" and the more expensive "Performance". It also trimmed the price of its now entry-level Long Range variants.

Jeep updates the 2020 Wrangler with new powertrains, also gets more expensive

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French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery. Sales fell to 1.9 million light vehicles in January-June, the company said on Monday, from 2.18 million a year earlier. PSA, which has notched up successive sales and profit records under Chief Executive Carlos Tavares, is due to report full earnings for the period on July 24.

The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. General Motors Co and Fiat Chrysler Automobiles NV (FCA) will kick off their own talks with the UAW on Tuesday. When the negotiators for the union and Detroit's automakers last sat across the table from each other in 20

Formula One championship leader Lewis Hamilton won a record sixth British Grand Prix on Sunday after jumping ahead of Mercedes teammate Valtteri Bottas by taking advantage of the safety car being deployed. In front of his home fans, Hamilton made the decisive move to the front in the 20th of the 52 laps by pitting to get new tires. With the safety car still out after Antonio Giovinazzi spun off in his Alfa Romeo, Hamilton rejoined ahead of pole-sitter Bottas.

Sebastian Vettel said he had struggled to get the right feel for his Ferrari after qualifying a disappointing sixth at the British Grand Prix on Saturday. The four-times world champion, and last year's race winner at Silverstone, will line up a row behind Monegasque team mate Charles Leclerc, in third, and with both the Red Bulls also ahead of him. It was the third race in a row that Vettel had been out-qualified by the 21-year-old, in Leclerc's first full season with Ferrari.