Ford will pay around $200 million in cash to employees and providers who lose their jobs when the company shuts down three of its plants in Russia in June, the
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Former Nissan Motor boss Carlos Ghosn has been granted bail for the second time since his arrest last year on financial misconduct charges, after posting $4.5 million bail on Thursday
Nissan Motor on Tuesday stated the executive responsible for its Nissan, Datsun and Infiniti brands was departing, as it announced a management reshuffle to enhance governance after the ouster of
Electric automaker Lucid Motors on Tuesday named Peter Rawlinson, former chief engineer of Tesla Inc’s Model S, as its CEO, effective immediately. Rawlinson joined Lucid in 2013 and held the
German prosecutors are probing a possible breach of fiduciary duty by Volkswagen regarding bonus payments made to an executive who was suspended following automaker’s emissions cheating scandal. German automaker was
German automaker BMW will buy cobalt, a major component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to make sure they are not produced by child
Nissan Motor cut its full-year profit forecast to its lowest in almost a decade because of weakness in the United States, just as it adjusts to life without Carlos Ghosn
Hyundai Motor revealed a promising outlook for sales in South Korea and in the United States, and also reported its first increase in profit in five quarters, in an early
Tesla expects to have fully self-driving cars in which humans won’t have to touch the steering wheel around the second quarter of 2020. The company made the declaration during an
The Ford Bronco is being rebooted. Not just by Ford, that has an all-new version on the way in 2020, but also by Zero Labs, a startup boutique builder based
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