Ride-hailing company Uber Inc has offered over 1 billion euros ($1.19 billion) to purchase Daimler and BMW’s joint mobility services company Free Now, German business magazine Manager Magazin reported on Wednesday.
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Shares of Nikola increased almost 10% on Wednesday after a General Motors executive said they still see potential in a partnership with the electric and hydrogen truck startup and discussion on
Since getting into a car accident can be such a life-changing ordeal, it’s important that you get to know the leading car cash causes. When you get to know the
Arizona reached a $5 million settlement with Honda Motor’s U.S. units Wednesday in an investigation into defective Takata airbag systems, state Attorney General Mark Brnovich said. The settlement comes after
Volkswagen is hosting initial talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people knowledgeable with the
General Motors said Tuesday it will make an investment of about $2 billion in its Spring Hill, Tennessee, assembly plant for producing the new Cadillac Lyriq electric SUV. The announcement
BMW on Monday said rebounding markets helped the German automaker to deliver higher-than-expected free cash flow in the automotive segment in the third quarter. Free cash flow totaled to 3.07 billion
Hyundai Motor and affiliate Kia Motors have warned of another $2.9 billion of provisions associated with engine issues, bringing their total hit from the years-long quality problem that has tarnished
Tesla Inc said on Monday it would begin exporting China-made Model 3 cars to over 10 European nations this month, joining an increasing number of automakers using China as an
French automaker Renault will unveil an eight-year plan by 2020 as the group contends with a demand decline exacerbated by the coronavirus crisis, Chief Executive Luca de Meo said in
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