Volvo Cars is cutting several hundred jobs according to Swedish radio, which cited sources for the information. The automaker, whose amount of workers has more than doubled during the past
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German automaker Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to spend in the “internationalization” of the division, CEO Herbert Diess stated on Tuesday.
To be honest, it is quite satisfying to see Volvo, the famous Swedish automaker, actually caring about its customers by striving to ensure their complete safety on the roads. Human
Tires could possibly be the least complicated, yet critical elements of your vehicle, and keeping them in great condition is necessary for a safe drive. However, over time, these can
A federal judge on Friday asked the U.S. Securities and Exchange Commission on the timing of its civil suit submitted in March alleging Volkswagen AG of defrauding investors and demanded
Lenders and hundreds of investors agreed to pay $231 million to put an end to their decade-long legal battle over a clerical error in a $1.5 billion loan to General
Volkswagen workers supported a restructuring of Volkswagen on Tuesday after CEO Herbert Diess vowed to spend 1 billion euros ($1.1 billion) on a new battery cell production plant close to
Renault is slowly pushing for a change of Nissan leadership as a beginning to merger talks, sources at both companies stated, after the Japanese automaker warned of additional slide in
PSA Group stated on Thursday it was ready to think about potential tie-ups, after the French automaker’s shares briefly increased on a report that it was in advanced discussions with
Ford Motor prepares to broaden its GoRide medical transportation service to 40 cities in the US over the next four years, placing their projects into Ohio and Florida this year
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