Sweden’s Volvo Cars has raised some 2 billion Swedish crowns ($215 million) in a bond issue just five months after the Chinese-owned carmaker terminated plans for a stock market flotation,
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German prosecutors have started an investigation into Daimler for allegedly failing to avoid diesel emissions cheating, possibly resulting in a fine for the automaker, as its legal woes mount up
Tesla Inc stated on Wednesday its general counsel Dane Butswinkas is departing from the electric automaker just two months into the job, the recent in a string of top-level departures
British Prime Minister Theresa May stated Honda’s announcement that it would shut down its factory in England in 2021 was deeply disappointing, however could not be blamed on the nation’s
German automaker Volkswagen’s South African unit expects to produce a record number of automobiles this year regardless of slow domestic economy, power outages and looming discussion with union members, its
Carlos Ghosn’s new lawyer took aim at Nissan, prosecutors and courts on Wednesday, rejecting the charges against the former chairman as an internal company matter and saying Japan was out
U.S. President Donald Trump has pledged European Commission President Jean-Claude Juncker that he will not impose extra import tariffs on European cars for now, Juncker was quoted in a published
An external committee tasked by Nissan Motor to help with improving corporate governance at the Japanese company is opposed to the idea of Renault’s chairman being appointed to head Nissan’s
Nissan Motor’s independent committee on governance is anticipated to recommend against the company having the similar chairman as Renault SA, the Financial Times reported on Wednesday, mentioning people knowledgeable about
South Korean prosecutors on Wednesday raided the office of Hyundai Motor’s quality division located in southern Seoul as part of an investigation into how the automaker and affiliate Kia Motors
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