Toyota Motor is going to raise its stake in Subaru Corp to 20% from around 17%, the two Japanese automakers stated on Friday, as they leverage their scale to better
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Ford Motor stated on Wednesday it will include Austin, Texas, to the short list of cities where it prepares to start a commercial transportation service utilizing automated vehicles in 2021.
Volkswagen’s CEO and chairman will continue to stay in office, the company’s supervisory board stated on Wednesday, a day after German prosecutors brought charges against them for their role in
Ford Motor and Mahindra & Mahindra are possibly going to sign a deal next week to form a joint venture in India, two sources informed Reuters, in a move that
Volkswagen’s Africa boss Thomas Schaefer is placing a $50 million bet on a new business built around ride-hailing and car-sharing in Africa. VW is using Rwanda as its laboratory. “It
U.S. President Donald Trump’s top economic adviser stated on Thursday that the United States would hold off imposing tariffs on Japanese auto exports to the United States if trade talks
Ford is recalling about 322,000 cars whose batteries could catch fire because of acid leakage, trade publication kfz-betrieb reported on Monday, mentioning Germany’s KBA federal motor authority. According to the
BMW’s finance chief Nicolas Peter wants to slash between 5,000 and 6,000 jobs by 2022, mainly at the automaker’s Munich headquarters, a German magazine reported on Thursday. Manager Magazin also
Tesla TSLA aims to take away Porsche’s bragging rights by testing its Model S on the northern loop of Germany’s Nuerburgring circuit, using a marketing tool that German automakers have
The most expensive cars are a treat for the eyes and have the same appeal as to that of the paintings of master artists that are only within reach of
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