Ford Motor on Thursday said it expects a full-year loss but also said that it should have enough cash on hand throughout the rest of this year, even if global
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Automakers that once competed mostly over the power of their engines are now striving over a much less tangible sort of power as they race to develop automated automobiles –
The trial of Nissan Motor’s former executive Greg Kelly, who is charged with conspiring to under-report the earnings of its former chairman Carlos Ghosn, has been set to start on
Volkswagen reported a second-quarter operating loss on Thursday as vehicle deliveries declined by nearly a third because of the coronavirus crisis, forcing the German automaker to slash its dividend despite
General Motors on Wednesday said if the U.S. economy keeps showing recovery from the coronavirus crisis and the auto industry does not experience any more production shutdowns, then the automaker
Volkswagen on Thursday moved to turn down rumours that CEO Herbert Diess had been sidelined by issuing an unsolicited declaration of support, after clashes with the company’s labor leaders who
General Motors CEO Mary Barra stated on Wednesday that “nothing is off the table” when it comes to maximizing the worth of the No. 1 U.S. automaker’s electric vehicle efforts,
Bugatti and the London-based Little Car Company are collaborating to make 500 miniature electric Bugattis for kids — and now some of them have just become available to buy. Initially,
Tesla Inc got payroll-related benefits from the government in the first half of this year to help decrease the impact of the coronavirus crisis on its business, the electric automaker
Lucid Motors, the rival of Tesla Inc, prepares to gear up its new Air luxury electric sedan with a semi-automated driver assistance system when the first cars will be manufactured from an
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