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
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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
South Korean automaker Hyundai Motor has started construction on a research and development center in Singapore on Tuesday that will house a small-scale electric automobile production facility. Speaking at the
General Motors on Monday said that continued market recovery from the coronavirus crisis has helped its China vehicle sales increase 12% on year in July-September, marking the American automaker’s first
Tesla Inc said on Tuesday it reduced the price of its Model S “Long Range” sedan by 4% in the United States, days after the automaker reported record quarterly deliveries.
German automaker Audi said on Monday it was ready for Mexican officials to audit its plant located in the central state of Puebla after holding talks with state and municipal officials
Polestar 2 has won the award in Luxury category in the German Car of the Year (GCOTY) awards. In doing so, it has reached the final round of this 2020’s
Swiss Re and Daimler announced a joint automotive and mobility insurance venture on Monday, looking forward to tapping into a wealth of new data generated by highly automated vehicles to help insurers
Alex Cruz will be replaced by boss of Aer Lingus, Sean Doyle. Alex Cruz will quit from the job of CEO with immediate effect and become a non-executive chairman. The
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