U.S. automaker Ford Motors will stop car production in its plant in Almussafes located in eastern Spain for nine days during November because of lower demand for its vehicles, a
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Japan’s Calsonic Kansei, owned by U.S. private equity firm KKR, has is set to purchase Fiat Chrysler’s Magneti Marelli for 6.2 billion euros ($7.1 billion) to establish the seventh-largest independent
Uber plans for each of their car on its taxi app in London to be wholly electric in 2025 and will include a clean air fee to each trip from
Ford Motor is observing higher steel and aluminum costs driven by trade tariffs bite into revenue, but is hopeful the United States and China can prevent more tensions that could
Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks after the planned date due to a software development issue, a representative for the German luxury car brand
Daimler stated its operating profit would decrease by over 10 percent this year, its second earnings warning since June, putting blame on “government proceedings and measures in various regions” as
With Ford Motor’s stock at almost a nine-year low and the company squeezed by tariffs and trade tensions, CEO Jim Hackett sought to revive confidence among dealers gathered in Las
Volkswagen’s China venture with SAIC Motor has started constructing a $2.5 billion new energy vehicle (NEV) plant in Shanghai, that will make automaker’s luxury Audi brand cars, a potential first
Volkswagen’s Porsche brand does not require a stock market listing to fund growth, Chief Executive Oliver Blume stated, adding he is sure the maker of the iconic 911 sportscar can
The National Highway Traffic Safety Administration (NHTSA) stated Thursday it had started a preliminary investigation into 54,400 Ford Motor pickup trucks after getting five complaints that tailgates had unexpectedly opened
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