US automaker General Motors is not a target in the Justice Department’s probe into corruption within the United Auto Workers union, the U.S. Attorney’s Office in Detroit stated on Friday.
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A sort of bloodbath has been observed for Tesla stock as billions of dollars were just got wiped off after its CEO Elon Musk tweeted that the automaker’s stock was “too high”. Tesla stock
U.S. electric automaker Tesla Inc stated on Friday it has cut the starting price for China-made Model 3 sedans by 10% to become eligible for subsidies in China. Tesla started
Ford Motor on Thursday outlined the safety measures it will institute to resume its most profitable U.S. plants during the ongoing coronavirus crisis, expanding on similar efforts by General Motors
Fiat Chrysler Automobiles (FCA) stated on Thursday its Italian network of approved dealers and mechanic workshops would restart on May 4, when the country is set to start removing a
Tesla Inc’s CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions imposed for reducing the spread of the coronavirus outbreak as “fascist” as the electric automaker posted its third
Ford Motor stated on Tuesday its second-quarter loss would be more than $5 billion from $2 billion in the first quarter because of the spread of the coronavirus pandemic, but
Tesla has reversed course and canceled requests to bring employees back to production lines in Fremont, California, this week. According to CNBC, Tesla asked dozens of furloughed workers last Friday, and
General Motors, Ford Motor and Fiat Chrysler Automobiles are targeting May 18 to restart some production at their U.S. plants after shutting down plants in March because of the spread
Fiat Chrysler Automobiles (FCA) restarted van production on Monday at its Atessa plant located in central Italy, a week before the nation prepares to start lifting a national lockdown put
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