The world’s largest sovereign wealth fund went opposed Elon Musk’s possible $2.6 billion payout from electric automaker Tesla, the fund stated on Thursday. Shareholders supported the deal for Tesla’s CEO
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U.S. automaker Ford Motor and Indian automaker Mahindra & Mahindra stated on Thursday they have signed an agreement to develop midsize and compact sports utility vehicles (SUV) and an electric
Uber Technologies is having talks about the possibility of setting up its self-driving system in Toyota Motor vehicles as the U.S. ride-hailing firm looks forward to sell its autonomous driving
Tesla Inc said the number of labor hours required to produce its Model S and Model X cars have reduced significantly, after the latest report of quality problems that could
General Motors chairman and CEO Mary Barra met on Tuesday with U.S. regulative chiefs, weeks before the Trump administration prepares to decide whether to modify landmark fuel effectiveness requirements through
General Motors President Dan Ammann stated on Monday the automaker’s troubled South Korean operations can be a “sustainable, successful business,” if unions and the South Korean government concur soon on
General Motors confirmed information about a proposed investment in its loss-making South Korean company on Friday, however stated it went through support from Seoul and GM’s Korean union. GM Korea
Ford Motor stated on Friday its automobile sales in China, obstructed in part by a lack of new products, decreasing 30 percent in February from a year earlier, as it
General Motors CEO Mary Barra contacted the United States Congress on Wednesday to expand a customer tax credit for electric vehicles as the automaker stated it would increase production of
From a hotel in Mexico City, Ann Wilson, a senior executive at the United States Motor and Equipment Manufacturers Association (MEMA), is fielding calls from American auto parts makers worried
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