Ford Motor on Wednesday posted a smaller operating fourth-quarter profit as losses in each global region except North America weighed on results. The second largest U.S. automaker, which has declared
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Daimler AG will deepen partnerships with Chinese auto suppliers since they often lead United States and European competitors in major technologies for electric vehicles and connected vehicles, Mercedes-Benz executive Wilko
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
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
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