Italian Prime Minister Giuseppe Conte stated on Saturday that Fiat Chrysler Automobiles (FCA) was entitled to apply for the country’s state-backed loans as the automaker employs thousands of workers in
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In another step toward restarting its economy going into the summer, New York will permit horse racing tracks and Watkins Glen International car track to resume with the coronavirus outbreak
Fiat Chrysler Automobiles (FCA) is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a
A California state panel on Friday declined a request from Elon Musk’s SpaceX for $655,500 in state job and training funds, mentioning the chief executive’s recent threats to shift Tesla,
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General Motors’ self-driving car unit Cruise automation told staff on Thursday it has decided to lay off workers, the recent start-up in the nascent industry to slash jobs due to
It is a must to have the utilities on the place and during the transport, they should not be allowed to move here and there. This must also be noted
Most of Ford Motor’s U.S. dealers got payroll protection loans from the U.S. government during this ongoing coronavirus pandemic, the automaker’s chief operating officer stated on Thursday. Early in the
Renault is planning to significantly reduce its vehicle range, withdrawing well-known but poorly performing models like the Espace minivans, as part of looming cost reduction plans, four sources in the
Fiat Chrysler’s decision to scrap its dividend has set another setback for plans by the Agnelli family’s Exor arm to raise cash following a $9 billion sale of its reinsurer
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