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Hyundai Motor’s union chief warned its employees may have to deal with similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slip, adding
A 47-year-old worker at a South Korean plant of General Motors was found dead in a suspected suicide after submitting for a voluntary redundancy program of the U.S. automaker’s ailing
Verified Facebook pages of Elon Musk’s SpaceX and Tesla Inc removed on Friday, minutes after Musk promised on Twitter to take down the pages when users challenged. “Delete SpaceX page
Nissan Motor announced plans to sell 1 million electric vehicles (EVs) every year by 2022, a six-fold jump from what it sold in 2017, and stated it had no plans
German automaker BMW will boost research and development (R&D) spending to an all-time high of up to 7 billion euros ($8.6 billion) in 2018 as part of motivation to bring
The world’s largest sovereign wealth fund went opposed Elon Musk’s possible $2.6 billion payout from electric automaker Tesla, the fund stated on Thursday. Shareholders supported the deal for Tesla’s CEO
U.S. automaker Ford Motor and Indian automaker Mahindra & Mahindra stated on Thursday they have signed an agreement to develop midsize and compact sports utility vehicles (SUV) and an electric
BMW’s headquarters were raided on Tuesday by German prosecutors searching for the suspected use of illegal emissions control software that is able of manipulating exhaust levels. About 100 police and
Volkswagen is searching ways to increase production at Skoda, including construction of a new factory outside the brand’s Czech home, to help it keep up with rising demand, company sources
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