October 27, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Nikola Motor Company

    Nikola shares rise as General Motors executive backs deal

    Shares of Nikola increased almost 10% on Wednesday after a General Motors executive said they still see potential in a partnership with the electric and hydrogen truck startup and discussion on a deal continues. “We are continuing discussions,” GM President Mark Reuss said during a conference call. A partnership with Nikola presents a big opportunity for […]

    General Motors
    General Motors

    General Motors continuing discussions with Nikola on alliance deal

    General Motors and Nikola Corp are yet to finalize their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted, and are continuing discussions, GM said. “Our transaction with Nikola has not closed,” GM spokeswoman Juli Huston-Rough said. “We are continuing our discussions with Nikola and […]

    General Motors
    Nikola Motor Company

    Nikola’s talks with energy firms stopped after short-seller report

    Nikola Corp’s talks with energy firms including BP PLC to construct hydrogen-refueling stations have been stopped after a short-seller’s allegations that the electric automaker misled investors, the Wall Street Journal reported. Potential partners have been reluctant to move forward in the middle of the heightened scrutiny, but a deal could still come together, the report […]

    Cars
    Nikola Motor Company

    General Motors, Bosch stick with Nikola alliances despite Milton’s exit

    General Motors and Bosch said on Monday they were sticking to their alliances with Nikola Corp after the executive chairman of the electric and fuel cell truck startup stepped down following allegations of fraud. Nikola founder Trevor Milton, whose company become a well known in the stock market over the summer, resigned as executive chairman […]

    General Motors

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.