Ford will pay around $200 million in cash to employees and providers who lose their jobs when the company shuts down three of its plants in Russia in June, the
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Tesla expects to have fully self-driving cars in which humans won’t have to touch the steering wheel around the second quarter of 2020. The company made the declaration during an
The Ford Bronco is being rebooted. Not just by Ford, that has an all-new version on the way in 2020, but also by Zero Labs, a startup boutique builder based
Tesla has sent a team to investigate the explosion of one of its cars in Shanghai. Tesla stated Monday it immediately sent a team to probe an apparent explosion of
Fiat Chrysler Automobiles NV said Friday it is recalling over 320,000 Dodge Dart compact cars in North America that could roll away due to a problematic part that could allow
The deal will value the ATG at $7.25 billion and form a new entity with its own board. Uber has declared a deal for a $1 billion investment in its
General Motors’ luxury Cadillac brand is taking advantage from strong growth in China, the American automaker stated at a conference on Wednesday in New York. GM Cadillac President Steve Carlisle
Indian automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor’s Indian unit to jointly develop midsize sports utility vehicles (SUV) in India, the company stated on Thursday. Ford
General Motors’s top CEO, Mary Barra, got a compensation package worth just below $22 million in 2018, slightly less than the earlier year, according to the No. 1 U.S. automaker’s
General Motors has spent five years reviewing its playbook for making money in Latin America and the interior of China. At this moment, it’s show time for the initial results
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