Ford Motor on Thursday posted a better-than-expected first quarter mainly because of strong pickup truck sales in its major U.S. market and stated it was more confident in its forecast
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Investors are asking for a record risk premium for holding Tesla Inc’s $1.8 billion junk bond after the automaker posted a $700 million first-quarter loss and indicated it may be
Ford Motor stated on Wednesday it is going to invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in supporting the possible competitor to Silicon
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
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
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