General Motors agreed to a $5.75 million settlement to resolve allegations it made misleading statements to California’s largest pension system and other investors concerning its deadly ignition switch recalls. California
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Tesla CEO Elon Musk’s Tesla Inc will set up an electric-car manufacturing unit in Karnataka, India according to a government document. “The U.S. firm Tesla will be opening an electric
Ford Motor CEO, Jim Farley, on Thursday publicly encouraged South Korean electric vehicle battery maker LG Chem and SK Innovation to reach a settlement on LG’s battery allegations that SK
General Motors on Wednesday said the global semiconductor chip shortage could hit the automaker’s profits up to $2 billion from 2021, but the U.S. automaker’s highly profitable big pickups and
General Motors said on Tuesday it was extending production cuts at three North American plants until at least mid-March due to the worldwide semiconductor chip shortage, while vehicles at two
Chinese government officials have met representatives from U.S. electric automaker Tesla Inc over reports from consumers about battery fires, unexpected acceleration, and failures in over-the-air software updates, a regulator said
Ford Motor confirmed on Friday the U.S. Justice Department and California Air Resources Board have put an end to a lengthy investigation into the automaker’s emissions certification process without taking
Ford Motor has decided to terminate plans to start electric vehicle joint ventures with China’s Zotye Automobile, the American automaker said on Thursday. It said that China’s electric vehicle industry
General Motors became the latest automaker hit by the worldwide shortage of semiconductor chips as the U.S. automaker said on Wednesday it will cut production next week at four assembly
U.S. President Joe Biden’s administration has begun discussions with the utility and automobile sectors about decreasing greenhouse gas emissions, White House domestic climate change adviser Gina McCarthy informed Reuters. The
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