German automaker Volkswagen stated it was expanding its Chattanooga factory in Tennessee to make electric vehicle cells and battery packs in the United States, together with assembling electric vehicles. The
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U.S. electric truck maker Nikola said it was open to working with Japanese automaker Hyundai Motor on hydrogen technology after a media report that it had reached out to the
General Motors is offering buyouts to some of its Brazilian employees, a local union said on Wednesday, as the nation’s No. 1 automaker has been impacted by the coronavirus crisis.
Automotive parts maker Robert Bosch GmbH experienced a loss of Rs 200 crore ($26.7 million) in the first quarter compared to a profit of Rs 280 crore ($37.4 million) a year
American investment bank Goldman Sachs is looking to purchase General Motors’ credit card unit as it looks to double down on its banking arm, the Wall Street Journal reported on
Chinese electric carmaker Nio Inc prepares to boost capacity, it said on Tuesday following their reporting that quarterly revenue more than doubled, beating expectations. The auto industry in China is showing signs
Lucid, an electric vehicle company headed by former Tesla Inc engineer Peter Rawlinson, has informed that its upcoming Lucid Air car is expected to get an EPA-rated range of no
A 10-year-old boy took a car, led officers on a wild chase, and struck into two homes during the pursuit in Ohio, police said. The child was staying at a
Tesla Inc on Tuesday declared a five-for-one stock split, sending the electric automaker’s already high-flying shares increase by 7% in extended trade. Tesla’s stock, which traded at $1,475 following the
One of the American auto industry’s youngest and highest-ranking executives, General Motors’ chief financial officer (CFO) Dhivya Suryadevara, found a new opportunity on Tuesday for Silicon Valley and the technology
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