Short-sellers who had targeted Tesla Inc logged a $700 million paper profit on Thursday following the fall of the stock almost 9 percent a day after CEO Elon Musk stunned
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General Motors stated on Thursday it was collaborating with design software company Autodesk Inc to produce new, lightweight 3D-printed parts that could help the carmaker meet its goals to add
General Motors planned $3.6 billion cash infusion to save its South Korean business is going to be in the form of loans, while Korea Development Bank (KDB) will get preference
Nikola Motor, the maker of hydrogen-powered semi trucks, filed a lawsuit on Tuesday against Tesla Inc accusing the automaker of design patent infringements. Tesla’s Semi, its first electric heavy duty
General Motors has planned to provide $3.6 billion in fresh funding to its struggling South Korean unit, more than its earlier proposed $2.3 billion as part of a preliminary deal,
General Motors’ South Korean unit dropped their plan of filing for bankruptcy following winning concessions on pay, bonuses and advantages from its labor union in a tentative deal reached on
Ford Motor stated on Saturday it will take bids on a number of its advertising managed by WPP, adding to uncertainty around the British ad giant after exit of founder
The board of General Motors’ South Korean unit has postponed its decision on filing for court-led rehabilitation proceedings to Monday, according to two sources knowledgeable with the situation. GM Korea
Ford Motor stated on Wednesday that it was expanding a medical transport service named GoRide in Southeast Michigan, one of several efforts by the automaker to develop new ride service
Tesla Inc has temporarily suspended its Model 3 assembly line in what the company stated on Monday was a planned production pause, as the automaker is still facing challenges ramping
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