General Motors’s majority-owned Cruise self-driving division stated on Tuesday fund manager T. Rowe Price and a group of current investors put down $1.15 billion in new equity, evaluating the unit
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The used vehicle market is flourishing in the US. With the new car prices hitting another historic high, the used segment becomes increasingly appealing for buyers all over the US.
Ferrari beat forecasts on Tuesday with a 14 percent increase in first-quarter core earnings, increasing its shares on rising expectations the Italian luxury automaker might soon raise its full-year financial
Trucks are guzzling ever more diesel, contaminating towns and cities and fueling climate change. Germany believes it may have discovered the solution by using overhead lines to power big rigs.
Some drivers for ride-hailing giants Uber and Lyft shut down their apps Wednesday to protest what they refers as declining wages at a time when both companies are raking in
Volkswagen has approached several companies to measure their appetite for purchasing MAN Energy Solutions, that makes large diesel engines for ships and power generators, people close to the issue said.
Ford Motor prepares to expand its GoRide medical transportation service to 40 cities in the US over the next four years, getting into Ohio and Florida this year and other
The company that ridiculed Ford for using aluminum in their F150 design is suddenly going high-tech with pickup trucks. You knew it was coming, and now GM is aiming to
A federal judge in San Francisco on Friday authorized a $307.5 million civil settlement for about 100,000 U.S. owners of Fiat Chrysler diesel vehicles that the government stated had illegal
U.S. trade officials turned down Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the Chinese-made Autopilot “brain” of its Model 3 among other electric automobiles, one
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