Ford Motor’s electric vehicle battery joint venture with SK Innovation will extend beyond North America into Europe, according to a senior Ford executive. “We’re very excited about this joint venture …
JP Morgan
Ford Motor’s decision to shut three plants in Brazil will reduce its losses and allow it to focus on increasing profitability in its underperforming international segment, J.P. Morgan analysts said …
Shares of Tesla Inc increased 13% to a record high on Monday, extending their rally to more than 40% in five sessions after analysts raised their price targets on the …
- Aviation
American Airlines seeks $3.5 billion in new financing to improve liquidity
by SpeedLuxby SpeedLuxAmerican Airlines Group Inc stated on Sunday it prepares to secure US$3.5 billion in new financing, to improve the airline’s liquidity as it deals with travel restrictions led by the …
- ChryslerGeneral Motors
Fiat Chrysler turns down General Motors lawsuit, sees Peugeot deal by year-end
by SpeedLuxby SpeedLuxFiat Chrysler Automobiles NV on Thursday turned down a lawsuit from General Motors and stated it was sure about reaching a binding merger deal with Peugeot owner PSA Group by …
- Volkswagen
Volkswagen could sell smaller trucks stake if markets are shaken by Brexit
by SpeedLuxby SpeedLuxVolkswagen could sell a smaller stake in its Traton trucks department than expected if markets are shaken by Brexit, two sources knowledgeable with the matter informed Reuters on Monday. The …
JP Morgan & Chase Chief Executive Jamie Dimon and Ford Motor Chairman Bill Ford dropped plans to attend a Saudi investor conference, the companies stated on Sunday, the recent such …
Volkswagen is near to hiring Citigroup, Deutsche Bank, Goldman Sachs and JP Morgan to assist with the possible stock market listing of its truck unit Traton, two people knowledgeable with …
Continental AG has hired JP Morgan to recommend on a possible break-up, sources informed Reuters, as the car parts maker rearranges for a market focused on electric and self-driving automobiles. …

