Volkswagen’s trucks subsidiary Traton on Thursday hiked its buyout offer for U.S. peer Navistar by over a fifth to $43 per share. The German automaker made a $35 per share offer
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Toyota Motor’s research arm said on Thursday that it would form an $800 million global investment fund. The fund called Woven Capital is to invest in companies related to the
General Motors CEO Mary Barra has reeled off two major deals in the past week in response to investor concerns the No. 1 U.S. automaker is stuck in neutral while
A micro electric vehicle (EV) by General Motors’ local Chinese joint venture has become the most sold EV model in China, with 15,000 cars sold in China in August, followed
German automaker Volkswagen said Monday it had a severed relationship with a distributor in Mexico City after a Twitter user published photographs taken at the business showing a wall decorated
A Bosnian fan of both Ford trucks and Elon Musk’s Tesla could not just sit on his hands waiting for the electric automaker to release its Cybertruck, expected from late
Since the time Jim Farley was named the CFO and heir apparent to the top spot at Ford Motor in February, Jim Farley has touted the potential development of its
French automaker Renault will develop and assemble the next generation of partner Nissan’s Micra models, a senior executive at the Japanese automaker said, as the two companies try to rework
Volkswagen’s CEO Herbert Diess on Monday sought to quell speculation that the world’s largest automaker, which is on its way to push for mass production of electric cars, has plans
French automaker Renault revealed the new lines of two of its best-selling cars on Monday, both models produced by its Romanian low-cost brand Dacia, recently upgraded to an independent division
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