Geely Automobile Holdings stated on Friday it raised HK$6.48 billion ($836 million) from a share placement as the Chinese automaker looks to refill its coffers to finance growth in the
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Volkswagen stated on Thursday its supervisory board had accepted several projects in a multibillion-dollar alliance with Ford Motor that was first declared last July. The German automaker said various contracts
Nissan Motor workers in Barcelona have protested following the automaker’s announcement that it will close its Spanish plant as part of its global restructuring. Nissan revealed a four-year streamlining plan
General Motors said on Thursday it would start boosting vehicle production in North America from next week to meet increasing demand. Starting June 1 , three of the company’s crossover
Japanese automaker Nissan Motor’s cash situation is “tough” as the coronavirus pandemic has damaged car sales, and the automaker must be careful in the coming months as a second wave
General Motors and Ford Motor are utilizing fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the spread of the coronavirus pandemic.
Spain will do everything it can to get Japanese automaker Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya stated on Thursday. Leaving the
Germany’s biggest labor union IG Metall has criticized Volkswagen on Thursday for a recent advert deemed racist and other “errors”, over management which had damaged the automaker’s reputation and put
Venezuelans are having a hard time to cope with chronic fuel shortages are jury-rigging vehicles to operate on cooking gas cylinders, a practice industrial safety experts define as dangerous and
French automaker Renault said on Thursday that losses at its Japanese partner Nissan, in which holds a 43% stake, would drag on its on net revenues by 3.6 billion euro
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