Hedge fund Elliott on Tuesday renewed pressure on Hyundai Motor, prompting it to return $10.6 billion of capital to shareholders and look forward to sell non-core assets, consisting of costly
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Volkswagen intends to sell electric vehicles for less than 20,000 euros ($22,836) and safeguard German jobs by converting three factories to make Tesla competitors, a source familiar with the plans
Volkswagen could build up to fifty million electric cars on its new electric vehicle platform and is looking at broadening its manufacturing footprint in the United States, Chief Executive Herbert
Zotye Automobile, that is partnered in China with American automaker Ford Motor, stated on Tuesday it planned to start selling SUVs in the United States in 2020. A Zotye spokesman
German automakers agreed to spend up to 3,000 euros ($3,430) every vehicle to help decrease diesel emissions as the government and industry respond to driving bans in major cities. While
Renault stated it will build new Nissan and Mitsubishi vans at its local plants, boosting investment in the country as it looks for closer integration of the three-way automaking alliance
A spokesman for Volkswagen on Thursday rejected a media report that said the automaker planned to fully cover the costs of diesel hardware retrofits, which would come in at 3,000
Ford Motor stated it will join the rising micro-mobility movement with the acquisition of 2-year-old Spin, an electric scooter rental firm from San Francisco. Ford is one of the first
Mazda Motor on Thursday stated it planned to recall around 640,000 vehicles worldwide to resolve issues including a problem with the valve springs used in its diesel engines. The Japanese
When renting a luxury car like a Bentley, Mercedes Benz AMG series, Lamborghini or any other vehicle in that category, you will have to dig deep into your pockets but
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