Fiat Chrysler’s CEO Michael Manley stated on Wednesday that merger talks with Peugeot owner PSA to form the world’s No. 4 automaker are progressing well and he hopes to have
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Renault on Wednesday stated France’s anti-corruption agency was conducting checks at the company, though a source at the automaker, which was rocked by the arrest of former executive Carlos Ghosn,
Ford Motor stated on Wednesday its fourth-quarter results will be impacted by a pre-tax loss of about $2.2 billion because of higher contributions to its employees pension plans. The charge
A judge in Canada has approved a C$196.5 million ($149.7 million) fine against Volkswagen AG on Wednesday once the company pleaded guilty to dozens of counts of diesel emissions infractions.
Toyota Motor’s labor union prepares to seek an average pay increase of 10,100 yen ($91.98) per month in wage negotiations this year, public broadcaster NHK reported on Thursday. The demand
Elliott held over $1 billion worth of shares in the company. Elliott Management sold its shares in Hyundai Motor companies last year after it was thwarted in its campaign for
Right now we must be far away from the official release of 2020 Chevrolet Corvette Stingray, but the next model in the Corvette lineup has been caught in the camera. What is
Treasury Secretary Steven Mnuchin stated Wednesday that the United States would think about imposing tariffs on cars made in the United Kingdom if the country moves forward with a tax
Tesla Inc became the first $100 billion publicly listed American automaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes
Jaguar Land Rover (JLR) stated on Wednesday it will reduce around 10% of the workforce at its northern English Halewood factory as it modifies shift patterns to boost performance at
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