Continental, the German automaking parts manufacturer, intends to save over €1 billion ($1.18 billion) annually from 2023, doubling an announced savings target earlier, the company said. Over 30,000 jobs globally —
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Fiat Chrysler Automobiles on Thursday revealed its new family of Jeep Wagoneer and Grand Wagoneer sport utility vehicles, and the head of the Jeep brand informed Reuters he wants to
Tesla CEO Elon Musk met Volkswagen’s CEO Herbert Diess for a courtesy visit during which Musk took a test drive in Volkswagen’s new electric car, a source familiar with the
Tesla CEO Elon Musk signed autographs and joked around as he visited the Tesla gigafactory in Grünheide, Brandenburg, just outside Berlin. “We want to make this a real fun place
A U.S. judge on Friday ruled two Massachusetts men can be extradited to Japan to face charges that they helped former Nissan Motor Chairman Carlos Ghosn flee from the country
QuantumScape said on Thursday it prepares to go public through a reverse merger with Kensington Capital Acquisition Corp KCAC.N with an enterprise value of $3.3 billion. QuantumScape is the 10-year-old
Japanese automaker Nissan Motor informed on Thursday its sales in China dropped 2.4% in August from a year ago, while rival Toyota Motor and Honda Motor sales increased in the
Registrations dropped 20 percent compared with August 2019, a huge drop compared to July, when registrations dropped only 5.4 percent year-on-year, data published by the Federal Motor Transport Authority showed.
Nissan Motor said on Thursday it has developed techniques that help accelerate production of automotive components made from carbon fibre reinforced plastics (CFRP). The techniques can slash the lead time
German Chancellor Angela Merkel on Thursday said German government’s coronavirus relief package contained a lot of help for the automobile industry of the country after her conservative CSU allies renewed a proposal for incentives for petrol
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