Former Renault and Nissan head Carlos Ghosn and his wife invited people to a $260,000 Carnival party in Brazil in 2018 and charged it to his employers, documents observed by
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Fiat Chrysler Automobiles NV (FCA) has set an annual compensation target for CEO Mike Manley consisting of pay, cash and equity bonuses of $14 million, the automaker stated in a
Volkswagen cautioned on Friday of a tough year prior its preliminary yearly results were weighed down by currency effects and production bottlenecks caused by new emissions testing rules. The German
General Motors stated on Friday it had expanded the production at its Detroit Hamtramck plant until January 2020, in opposition to an earlier plan to discontinue production in June this
Daimler and BMW revealed a joint ride-hailing, parking and electric vehicle charging business on Friday to rival with mobility services offered by Uber and other tech companies. The luxury car
Ford Motor stated on Thursday it has employed outside experts to probe its vehicle fuel economy and testing procedures after employees raised issues, and did not know if it would
Consumer Reports on Thursday yanked a recommendation for Tesla Inc’s Model 3, pointing out reliability issues, and the influential U.S. magazine turned up the pressure on other automakers to include
General Motors CEO Mary Barra will not come before Canadian legislators to discuss concerns about the automaker’s future in the country, but lower-ranking executives will appear, a lawmaker stated on
Ford Motor oldest factory in Brazil, set for closure later this year, was a giant among auto plants. It sprawled 12 million square feet (111.5 hectares), bigger than many of
Jerry Dias, the leader of Canada’s auto union, is severe in his rhetorical attacks on General Motors’s decision to shut down its Oshawa, Ontario, assembly plant and lay off thousands
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