U.S. automakers are dealing with increasing pressure amid sluggish demand in the country, as Asian and European auto companies strongly increase vehicle production in North America, including a recent investment
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Volvo Cars displayed its first compact SUV on Thursday with the launch of its brand-new XC40 model, the newest in a sweeping overhaul of the automaker’s line-up under Geely Holding
Tesla Inc is collaborating with Advanced Micro Devices to create its own artificial intelligence chip for self-driving cars, according to a CNBC report. CNBC cited a source knowledgeable about the
Ford Motor stated on Tuesday it prepares to idle 5 North American vehicle assembly plants for an overall of 10 weeks to lower stocks of slow-selling models. The plants affected
Shares of Tesla dropped from record highs on Tuesday after an expert cautioned that the electric car maker might take longer than anticipated to become profitable. Jefferies expert Philippe Houchois
Fiat Chrysler Automobiles stated Tuesday it will recall 494,000 medium and heavy-duty Ram pickup trucks globally due to a water pump that might overheat and possibly cause a fire. The
Volvo Cars is increasing its investment twice in its first U.S. plant under construction to include a second production line at an overall cost of $1 billion, a source with
A Mercedes-AMG GT sedan has been verified to start production in mid-2018. We had seen a concept of this four-door, four-seat sport sedan at the Detroit Auto Show in January,
Toyota Motor President Akio Toyoda on Tuesday stated the company would continue to make a range of vehicle types offered to customers, even as tighter worldwide regulations are prompting automakers
Honda Motor said on Monday it has invested $267 million and will add 300 new jobs to support boosted production of its revamped 2018 Accord sedan model at the automaker’s
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