Ford Motor said on Thursday that the former U.S. Ambassador to Russia, Jon Huntsman Jr., would rejoin the automaker’s board of directors. “I’m thrilled that we will again benefit from
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French automaker PSA is putting an end to the production of Peugeot and Citroën small city cars, three sources informed Reuters, withdrawing from an increasingly unprofitable market as it begins a
Since the introduction of the first car in 1885 by Gottlieb Daimler and Wilhelm Maybach, based on the internal-combustion-engine, the auto industry has been continuously evolving, optimizing cars to be
Ford Motor said on Tuesday it was moving production of its plug-in Escape sport utility vehicle to 2021 as it reviews its automobiles with the same engine and battery parts
French automaker Renault has drawn down part of a 5 billion-euro ($5.86 billion) loan guaranteed by the French government, put in place earlier this year to increase its finances during
Ford Motor on Friday said its China sales increased 25% over July to September from the same period a year ago to 164,352 vehicles, attributing the boost to product launches
Nissan Motor’s U.S. lending arm agreed on Tuesday to make a payment of $4 million U.S. fine to settle a government agency’s allegation that it inappropriately repossessed hundreds of consumers’
Daimler shares boosted 4.5% on Friday after the German luxury automaker posted forecast-beating third-quarter results, rallied by a better-than-expected recovery in sales of luxury cars in September. European car registrations increased
General Motors on Tuesday filed an appeal with the 6th Circuit Court of Appeals in Cincinnati, seeking reinstatement of its racketeering lawsuit against Fiat Chrysler Automobiles (FCA). GM took legal
German premium automaker Audi said on Tuesday it had signed a memorandum of understanding with China’s state-owned FAW Group to start a venture for making premium electric vehicles (EVs). Audi
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