A group of investors led by SoftBank Group and Toyota Motor plans to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, that would value the unit
A group of investors led by SoftBank Group and Toyota Motor plans to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, that would value the unit
Volkswagen’s Czech unit Skoda Auto experienced global deliveries fall 2 percent to 90,900 cars year-on-year in February, mostly due to the depressed Chinese market, the automaker stated on Wednesday. Deliveries
Honda Motor stated on Tuesday it is going to recall 1.2 million Honda and Acura vehicles in North America to replace faulty Takata airbags on the driver’s side. The company
Tesla Inc backtracked its strategy to close all of its U.S. stores and instead will increase prices of its high-end vehicles by about 3 percent on average, as it seeks
Alphabet Inc’s self-driving car unit, Waymo, has been seeking financing from outside investors including European automakers Volkswagen, The Information reported on Monday, menitoning a person with direct knowledge of the
Japan’s Nissan Motor and France’s Renault stated they would retool the world’s top automaking alliance to put themselves on more equal footing, breaking up the all-powerful chairmanship earlier wielded by
Volkswagen will increase its hiring of software experts to make sure that the automaker stays at the forefront of innovation in an industry preparing toward refining mechanical, instead of software
Nissan Motor’s premium brand Infiniti stated on Tuesday it will depart western Europe early next year, as it renovates its worldwide operations and turns its attention to sales in the
Volkswagen will decide if it makes sense to increase its stake in Chinese joint venture companies toward the end of 2019 or starting of next year, CEO Herbert Diess stated
Volkswagen will slash jobs as it accelerates the rollout of less labor-intensive electric cars and will evaluate its sprawling portfolio of brands as it battles to reverse a slide in





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