Ford Motor is thinking about closing two plants in Russia as part of its worldwide plan to restructure operations in unprofitable locations, three industry sources informed Reuters. If the closures
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A Japanese court has declined prosecutors’ appeal against a decision to grant the bail to Carlos Ghosn, the ousted chairman of Nissan Motor, the court stated on Tuesday, paving the
General Motors stated on Monday it expects to put an end production to the production of Chevrolet Cruze at its Lordstown, Ohio assembly plant on Wednesday, the first of five
It may even be the most powerful road car that was ever built. But being number one is not the most significant thing. Nor that it costs $2.63 million. What’s
The UK car industry staged a slight recovery last month when sales of new vehicles increased for the first time in six months. The Society of Motor Manufacturers and Traders
Volvo Cars stated on Monday it will release a 180 km per hour (112 mph) speed limiter on all recent vehicles as the Swedish automaker looks to smooth its safety
Volkswagen has signed German start-up e.GO Mobile as the initial external partner for its modular platform for electric vehicles (EV), as it looks to simplify production throughout a variety of
Somebody has just bought Bugatti’s new “hypercar.” Bugatti, the French sports car brand which is now owned by German automaker Volkswagen, has unveiled the most expensive new car ever built.
Tesla Inc CEO Elon Musk stated on Monday production of the $35,000 version of the automaker’s Model 3 will start this month, but would not reach “volume production” until mid-2019.
German automaker Volkswagen is set to pay around 100,000 workers on collective wage deals a 2018 bonus of 4,750 euros ($5,400) each, the largest such payout since 2015 when they
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