Hyundai Motor plans to issue funding worth 1.7 trillion won ($1.5 billion) to stabilize management of its providers, the company stated on Thursday. The funding is designed to also encourage
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An Argentine court on Tuesday convicted two ex-executives of a local Ford Motor plant of involvement in the torture of employees during the country’s dictatorship in the 1970s, victims’ lawyers
Hyundai Motor on Tuesday started South Korean sales of its Palisade large sport utility vehicle (SUV), a model it hopes would spearhead a sales recovery in the United States when
White House officials informed automakers after a U.S.-China trade call that the Trump administration believes China will cut tariffs on U.S. autos to 15 percent from the current 40 percent,
A Tokyo court on Tuesday turned down former Nissan Motor chairman Carlos Ghosn’s appeal to end his detention after his arrest last month on alleged financial misconduct. Ghosn has been
Ford stated it had begin negotiations with German worker representatives regarding possible job cuts at its Saarlouis plant as the automaker considers discontinuing production of its Ford C-Max model. “We
Hyundai Motor’s two vice chairmen in charge of research and development (R&D) have offered to resign, three people knowledgeable with the matter informed Reuters. R&D president Albert Biermann is likely
A Rio de Janeiro apartment having cash, art works and personal belongings of Carlos Ghosn has become the new battleground between the indicted former Nissan Motor chairman and the automaker.
Tokyo prosecutors indicted ousted Nissan Motor chairman Carlos Ghosn for under-reporting his earnings and also formally charged the automaker, making the firm guilty for the financial misconduct scandal that has
Volkswagen has rejected allegations that Chairman Hans Dieter Poetsch was aware of the automaker’s emissions test cheating nearly three months prior U.S. authorities made it public in September 2015. Mentioning
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