Toyota Motor won’t expand any more in India due to the country’s high tax regime, a blow for Prime Minister Narendra Modi, as India continues to attract global companies to offset
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General Motors CEO Mary Barra said on Monday that worldwide vehicle demand was recovering from declines caused by the coronavirus crisis, but added she would not take any short-term actions
German automaker Daimler AG is set to pay an $875 million civil penalty for violating clean air laws of the U.S., as part of a $1.5 billion settlement with the
Navistar International on Monday turned down Volkswagen truck unit Traton‘s buyout offer of $43 per share, but said it was a starting point for finding out a possible transaction. The German
Chinese automakers have announced plans to boost sales of hydrogen fuel cell vehicles, a niche sector in the world’s biggest auto market, and the government is expected to declare supportive
Transport is needed for everyone, no matter you like traveling or not. Rather than humans, things that humans’ needs are needed to be transported regularly and that too not in
Japanese Nissan Motor will issue $8 billion in dollar-denominated debt and is thinking about euro-denominated bonds, it said on Friday, as the troubled automaker looks to diversify its funding. The
Over 6.5 million Americans have contracted the coronavirus since the start of this global pandemic. Wearing a mask and abiding by social distancing rules are something most people are passionate
Tesla is in talks with Canadian miner Giga Metals about helping to develop a large mine that would provide the electric automaker access to low carbon nickel for its batteries,
Volkswagen’s Czech unit Skoda Auto plans to move production of some high-earning models to other automaker’s plants in other countries, the automaker’s trade union boss said in an article on
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