As Lyft Inc cruises toward an initial public offering in March, one of the big winners will be General Motors, whose stake in the ride-hailing firm could be worth about
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U.S. prosecutors in Detroit charged a former high-ranking United Auto Workers official in charge of the labor union’s association with Fiat Chrysler Automobiles (FCA) of misusing funds for lavish purchases
Volkswagen on Monday stated it had expressed its motive to Germany’s Economy Ministry to take part in a state funding scheme aimed at supporting battery cell production for electric automobiles.
U.S. President Donald Trump prompted General Motors to restart Ohio plant in a tweet on Saturday, ten days after the plant made its final Chevrolet Cruze. The last Cruze rolled
Luxury automaker BMW and Germany’s Varta have both applied for state funding intended at supporting battery cell production for an electric automobile, they stated on Friday, hitting a deadline set
BMW AG and Mercedes-Benz stated on Saturday they are going to reduce their prices in China, following the government declaration it will decrease the country’s value-added tax (VAT) beginning on
Renault and Nissan should streamline decision-making in the automaking alliance and increasing the companies’ cross-shareholding are not present in their plans, Renault’s chairman stated in comments published on Sunday. Japan’s
The external committee tasked with enhancing governance at Nissan Motor believes the company can deepen ties with Renault SA without overhauling the broader alliance agreed almost two decades ago, a
The U.S. Securities and Exchange Commission (SEC) is taking legal action against Volkswagen and its former CEO Martin Winterkorn over the German automaker’s diesel emissions scandal, accusing of a “massive
Japanese automaker Honda stated any delay to Brexit must be long enough to provide businesses stability whilst BMW is still planning for a “worst-case scenario” no-deal Brexit after lawmakers backed
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