Ford Motor’s China ventures have reported year-on-year sales increase for May in an indication of how the world’s biggest auto market has continued to recover from coronavirus crisis. The U.S.
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General Motors should emerge from the coronavirus pandemic with a permanently decreased cost base after it scrambled to decrease its cash burn to withstand a two-month shutdown in North American
Several automakers this week reported stronger-than-expected auto sales in May in the United States, and the Detroit automakers said they will work through their annual summer shutdowns to reconstruct inventories
General Motors and Ford Motor condemned racial inequality in the United States after the death of George Floyd, an unarmed black man, allegedly at the hands of police in Minneapolis
Volkswagen has closed its $2.6 billion investment in self-driving startup Argo AI, who is based on Pittsburgh. The automaker disclosed in a blog post on Tuesday. Argo, established in 2016
Chinese electric automaker BYD will provide electric vehicle batteries to U.S. automaker Ford Motor, a document on the website of the Ministry of Industry and Information Technology revealed on Monday.
Volkswagen stated on Thursday its supervisory board had accepted several projects in a multibillion-dollar alliance with Ford Motor that was first declared last July. The German automaker said various contracts
General Motors said on Thursday it would start boosting vehicle production in North America from next week to meet increasing demand. Starting June 1 , three of the company’s crossover
General Motors and Ford Motor are utilizing fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the spread of the coronavirus pandemic.
U.S. automaker Ford has set May 28 as a provisional date for the gradual resumption of its plant located in Hermosillo, Mexico, according to a letter to workers observed by
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