Ford Motor CEO Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year’s “mediocre” results and said the company was aiming to nearly
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Tesla Inc stated on Wednesday it is reducing production hours for higher-priced Model S and Model X cars, just days after stating it would slash jobs as the automaker looks
U.S. automaker Tesla Inc has held conversations with China’s Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct understanding of the matter stated the
General Motors has cautioned employees in Brazil that recent investments there depend on a painful strategy to return to profit in the nation, according to a memo observed by Reuters
Tesla Inc’s customer referral incentive plan is going to end on February 1, the electric automaker’s CEO Elon Musk tweeted on Thursday, citing costs. Musk tweet here that the referral program is
Fiat Chrysler Automobiles NV is reviewing its investment strategy for Italy after the nation approved taxes on the purchase of larger gasoline and diesel vehicles, CEO Mike Manley stated on
Volkswagen and Ford Motor stated on Tuesday they will join forces on commercial vans and pickups and are looking forward to joint development of electric and self-driving technology, actions supposed
Ford Motor plans to cut 1,150 jobs in Britain, the Unite union stated on Friday, with almost 1,000 job losses concern its Bridgend engine plant in Wales. On Thursday, Ford
Ford Motor and Jaguar Land Rover revealed sweeping job cuts across Europe on Thursday as automakers are having hard time with a slump in demand for diesel vehicles, tougher emissions
Ford Motor cannot rule out plant closures as part of its attempts to return its European operations to profitability, Steven Armstrong, group vice president, Europe, Middle East and Africa, stated
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