Volkswagen’s Porsche prepares to construct a new plant to make car bodies in Slovakia, where it may create up to 1,200 jobs, according to Slovak newspaper Dennik N on Friday.
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Toyota Motor and Mazda Motor stated on Thursday they will spend $2.3 billion in a new joint venture factory located in Alabama, $830 million more than announced in their original
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
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
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