Ford Motor has announced plans to begin testing autonomous vehicles in Washington, DC. The news suggests that the automaker will become the first developer to test vehicles in the capital
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Germany’s Daimler is forming a ride-hailing joint venture in China with Geely Group, in an indication the Chinese firm is making progress in its drive for closer relations with the
Tesla Inc shares jumped over 12 percent on Tuesday after long-time critic and short-seller Citron Research stated it had a change of heart and is now betting the automaker’s stock
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
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
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