Nissan Motor stated on Thursday its U.S. unit would close operations for two days next month, as the company attempts to reverse a drop in profitability in the country. The
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General Motors and South Korea’s LG Chem stated on Thursday they will invest $2.3 billion to construct an electric vehicle battery cell joint venture plant in Ohio, forming one of
Fiat Chrysler Automobiles (FCA) has challenged a claim by Italy’s tax officials over the valuing of its U.S. Chrysler business that could leave it with an unwanted tax bill just
Lawrence Stroll, a Canadian billionaire who is an owner of Formula One team Racing Point, is planning for a bid for a major stake in Aston Martin, Autocar magazine reported,
Union members of United Auto Workers from Fiat Chrysler Automobiles NV’s U.S. plants on Wednesday recommended authorization of a tentative labor agreement that would permit the Italian-American automaker to prevent
BMW is taking legal action against two of its providers because of price-fixing on air conditioning components, the German automaker stated on Wednesday. The case was first reported in the
Renault, Nissan Motor and Mitsubishi Motors on Wednesday stated they had promoted Hadi Zablit to general secretary of their automaking alliance to speed up the business efficiencies throughout the companies.
Daimler’s workforce in Germany will bear the worst hit of 1.4 billion euros ($1.5 billion) in cost cuts prepared by the end of 2022, the head of the automaker’s works
Nissan Motor is focused on its automaking alliance with Renault SA but is not going to look to deepen its capital ties with the automaker any time soon, its new
German public prosecutors raided the Wolfsburg headquarters of Volkswagen in the latest investigation into the automaker’s diesel emissions scandal on Tuesday. Prosecutors stated investigators intended to confiscate documents. Volkswagen, which
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