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
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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
South Korea’s finance minister stated on Monday that public funds could only be utilize to favor the South Korean auto unit of General Motors if it was obvious that the
Tesla Inc will be profitable in the third and fourth quarters of 2018 and will not have to raise any finance from investors, company’s CEO Elon Musk stated on Friday,
Fiat Chrysler is working with its Chief Executive Sergio Marchionne to find his successor next year, the car group’s chairman John Elkann stated on Friday. Marchionne has said before he
Ford Motor’s business in China keeps stumble amid a dearth of fresh products, despite the automaker earlier this week revealed its plans to release two new models in the world’s
General Motors’ president stated common ground must be reached on a long-term financial restructuring of the automaker’s South Korean auto unit by next Friday and if there has been none,
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