Uber Inc’s co-founder Travis Kalanick, who was ousted as CEO in June, is selling almost a third of his 10 percent stake in the ride-services company for about $1.4 billion,
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Tesla Inc postponed a production target for its new Model 3 sedan once again on Wednesday, disappointing investors even as it declared “major” development getting rid of manufacturing difficulties that
Nissan takes a different approach in autonomous car world The world’s biggest automakers and technology companies are investing billions of dollars to perfect the ability to drive without thinking. Nissan
The majority of significant automakers on Wednesday reported lower December U.S. sales and forecast weaker total sales in 2018, however investors bid up shares in the sector on a bet
On Thursday, Bosch revealed that it is purchasing a five percent stake in the mapping and location services company named Here. For doing so, it joins other investors Audi, BMW,
Germany’s IG Metall labor union called on personnel at Volkswagen’s Porsche sports car brand to stroll off their shifts for about an hour on Thursday as part of its campaign
Renault Group stated on Tuesday its 2017 sales increased 3.4 percent in France to 673,869 units, the highest in six years, following a 6.5 percent boost at its no-frills Dacia
France saw an increase in arrests on New Year’s Eve along with an increase in the number of cars and trucks torched by vandals, a routine among revelers in the
Hyundai Motor and affiliate Kia Motors stated on Tuesday they sold 7.25 million vehicles in 2017, still far behind their target of 8.25 million vehicles. Hyundai has shipped 4.5 million
Federal safety authorities are investigating whether a Ford Motor transmission recall must be broadened to repair more than a million extra vehicles. Ford recalled 153,000 vehicles in 2016 as their
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