Ford Motor CEO Jim Hackett told employees late on Thursday the No. 2 U.S. automaker would not accept last year’s “mediocre” results and said the company was aiming to nearly
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Tesla Inc stated on Wednesday it is reducing production hours for higher-priced Model S and Model X cars, just days after stating it would slash jobs as the automaker looks
Hyundai Motor stated its Chinese joint venture (JV) is accepting voluntary retirements and evaluating various “optimization plans” at its factories after a decline in car sales in the major market.
Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after former chairman Carlos Ghosn was forced to resign following financial scandal that has deeply affected the French
German companies BMW and Daimler are going to name their combined ride-hailing and car-sharing company “Jurbey”, a source knowledgeable about the matter stated on Tuesday. Daimler and BMW refused to
Volvo Cars, owned by Zhejiang Geely Holding Group, is voluntarily recalling an estimated of 200,000 cars after it discovered an engineering issue that could potentially result fuel leakage in the
U.S. automaker Tesla Inc has held conversations with China’s Tianjin Lishen to supply batteries for its new Shanghai factory, and two people with direct understanding of the matter stated the
Toyota Motor and Panasonic Corp are starting a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world’s largest automakers and battery
Carlos Ghosn’s new request for bail was declined by a Tokyo court on Tuesday, despite the ousted Nissan chairman offering to wear an electronic ankle tag in an uncommon bid
A French government delegation has told Tokyo that it would seek an integration of Renault and Nissan, most probably under the umbrella of a single holding company, the Nikkei noted
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