German police arrested the head of powertrain development, Joerg Kerner, at Volkswagen’s Porsche business and are holding him on remand as he is considered a flight risk, a person knowledgeable
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The board of General Motors’ South Korean unit has postponed its decision on filing for court-led rehabilitation proceedings to Monday, according to two sources knowledgeable with the situation. GM Korea
Ford Motor stated on Wednesday that it was expanding a medical transport service named GoRide in Southeast Michigan, one of several efforts by the automaker to develop new ride service
Tesla Inc has temporarily suspended its Model 3 assembly line in what the company stated on Monday was a planned production pause, as the automaker is still facing challenges ramping
Volkswagen is open to purchasing a majority stake in U.S. truckmaker Navistar it stated on Monday, as the German automaker plans its trucks business for a possible stock market listing
Toyota Motor prepares to begin offering U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker stated on Monday, possibly preventing thousands of
Volkswagen stated it could list its trucks business as part of expansion strategies for the division, Andreas Renschler, head of the trucks business stated on Monday. “We want to achieve
A lot of boats and yachts you see in the port have an outboard engine. This is just one of several different means of propulsion, but also a fairly common
South Korea’s finance minister stated on Monday that public funds could only be utilize to favor the South Korean auto unit of General Motors if it was obvious that the
Tesla Inc will be profitable in the third and fourth quarters of 2018 and will not have to raise any finance from investors, company’s CEO Elon Musk stated on Friday,
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