Nissan Motor has estimated the shut down of its plants in Barcelona could cost up to around 1.5 billion euros ($1.7 billion), a union source informed Reuters on Monday. The
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General Motors and Ford Motor condemned racial inequality in the United States after the death of George Floyd, an unarmed black man, allegedly at the hands of police in Minneapolis
Renault finalized a 5 billion euro ($5.60 billion) loan on Wednesday from with the French government, boosting the automaker’s finances following the coronavirus crisis which has damaged the auto industry.
Volkswagen has closed its $2.6 billion investment in self-driving startup Argo AI, who is based on Pittsburgh. The automaker disclosed in a blog post on Tuesday. Argo, established in 2016
A U.S. appeals court ruled on Monday that German automaker Volkswagen AG cannot escape possible financial penalties from two counties in Florida and Utah that may amount to a “staggering”
Maruti Suzuki, Hyundai and Mercedes Benz are providing Indian auto buyers “teaser loans”, a move that sources stated came after softening of the central bank’s stance because of a coronavirus-induced
Volvo Cars USA reports 9,519 cars sold in May 2020, making it a strong month-over-month result, dropping only 2.5 percent. Overall year-to-date sales declined 18.2 percent Sales were down just
When you have a car that you can no longer drive, thoughts about what to do with it cross your mind. Should you let it just sit there, take it
Chinese electric automaker BYD will provide electric vehicle batteries to U.S. automaker Ford Motor, a document on the website of the Ministry of Industry and Information Technology revealed on Monday.
German automaker Opel is preparing to start manufacturing a compact car for French parent PSA at its main Ruesselsheim plant from mid-2021 onwards, German business daily Handelsblatt reported, and mentioned
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