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
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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
Elon Musk thinks that Tesla is “vastly ahead of everyone.” Tesla CEO Elon Musk recently appeared on Lex Friedman’s Artificial Intelligence Podcast, where Musk spoke that how much longer people
Tesla and Panasonic are freezing plans to boost the capacity of their Gigafactory 1, the largest EV battery plant of the world, as concerns mount on Wall Street regarding sales
Ford Motor has trademarked the Mach E name prior launching of its new electric vehicle next year. Ford trademarked “Mach E,” “Mach-E,” and “Mustang Mach-E”. It could be for use
Tesla has modified the Model 3 lineup and increased prices because of newly standard Autopilot and removing the least costly Standard Range model from its online ordering The Standard Range
Yet another recall over same issue. Ford is recalling over 130,000 pickup trucks to fix components that could have been broken after another recent recall. The earlier recall was supposed
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