Brazil’s President Jair Bolsonaro on Tuesday attributed Ford Motor’s decision to close its three plants in Brazil to the end of multibillion-dollar subsidies provided by the government. “What does Ford
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Ford Motor said on Monday it will shut its three plants in Brazil this year and take pretax charges of about $4.1 billion as the COVID-19 pandemic amplified the automaker’s
Karnataka Chief Minister B.S. Yediyurappa has encouraged Tesla to invest in Karnataka, India on Tuesday. There have been announcements since last year that Tesla will enter in India by 2021.
General Motors on Tuesday revealed its Cadillac flying car and electric shuttle concepts in a virtual presentation at the annual CES show. Cadillac also is working on a battery-powered luxury
Ford Motor, Toyota Motor, Fiat Chrysler Automobiles (FCA), and Nissan Motor said on Friday they would slash vehicle production this month because of the shortage of semiconductors, becoming the recent
Tesla Inc introduced a cheaper variant of the Model Y, bringing its sports utility vehicle’s price closer to that of its Model 3 sedan, the electric automaker’s least expensive car.
Cruise Automation, the self-driving firm mainly owned by General Motors, said Friday it is hiring a former Delta Air Lines senior executive as its chief operating officer. Gil West has
Daimler unveiled a new display screen on Thursday that will cover nearly the whole dashboard of its luxury Mercedes-Benz models, in a bid to outdo Tesla’s hallmark touchscreen infotainment system.
Elon Musk has become the world’s richest person after surpassing Amazon.com’s founder Jeff Bezos. This may have seemed unbelievable about one year ago, but it was almost inevitable by the
Ford Motor on Wednesday posted a 9.8% decline in quarterly U.S. auto sales, as a drop in sales of its profitable trucks outweighed higher demand for sport utility vehicles (SUV).
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