Economy
As the French automaker prepares to unveil a new compact SUV, Journalists speaks with Citroën CEO Thierry Koskas. Koskas has been leading the Stellantis-owned...
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As the French automaker prepares to unveil a new compact SUV, Journalists speaks with Citroën CEO Thierry Koskas. Koskas has been leading the Stellantis-owned...
Infineon, a German chipmaker, announced on Wednesday that it has reached a multi-year arrangement with Hyundai and Kia to supply power semiconductors to assemble...
UAW prepares to strike at Detroit Three automakers, rejects new offers. On Wednesday, the United Auto Workers announced preparations to strike individual U.S. auto...
Mercedes-Benz has announced that its drivers in North America will gain access to Tesla Superchargers by 2024. This collaboration between two prominent automakers signifies...
BMW (BMWG.DE) announced on Thursday that it will construct its X3 model in South Africa in 2024, investing 4.2 billion rand ($225.09 million) to...
Rate surge complicates Generali $22 billion private equity portfolio sale. Three sources said rising interest rates complicate Assicurazioni Generali’s (GASI.MI) efforts to sell up...
After General Motors (GM.N) and Ford (F.N.) agreed to use the Tesla Supercharger network, Tesla (TSLA.O) shares rose 6% on Friday. The Elon Musk-led...
On Monday, the China Passenger Car Association (CPCA) said that Tesla Inc. (TSLA.O) delivered 77,695 China-made EVs in May, up 2.4% from April. Sales...
Skoda Auto, a subsidiary of Volkswagen (VOWG_p.DE), announced plans to extend its electric vehicle lineup to six models by 2026, raising the company’s e-mobility...
CEO believes Ford must rebrand for China as EVs rise. Chief Executive Jim Farley said Ford Motor Co. (F.N.) must rebrand for China’s growing...
On Thursday, Thailand’s Board of Investment announced that Changan Auto (000625. SZ) would invest $285 million in a factory to create 100,000 electric cars...
Scania and Northvolt introduced a truck-lifetime electric battery on Tuesday. Swedish companies said the lithium-ion battery under test could power vehicles for 1.5 million...
On Monday, Porsche AG (P911_p.DE) reported record first-quarter sales of 18%, driven by China sales. The German luxury carmaker supplied 21,365 automobiles in China,...
On Thursday, Volkswagen’s (VOWG_p.DE) software business, Cariad, announced a 51% joint venture with ThunderSoft for Chinese connection and infotainment systems. “The needs and requirements...
Ford Motor Co. (F.N.) introduced a new electric Courier van to compete with Arrival S.A. and other electric van startups for European business clients....
On Friday, Mazda Motor Corp (7261.T) said that 40-year business veteran Masahiro Moro would become its next president and CEO as it increases expenditure...
It appears that Ford isn’t the only automaker to be making recalls on its vehicles. Hyundai and Kia are recalling over 1.4 million cars...
Ford confirmed last week that two manufacturing plants in Mexico will see expansion, despite President Trump’s insistence on keeping manufacturing jobs in the U.S. Mark...
A post early Thursday morning on Medium from a Tesla employee alleges that he and his coworkers have endured poor working conditions. The employee,...
Automakers in North America are reaping the benefits of their success through profit sharing. For some 52,000 General Motors employees in the United States,...
Tesla says it’s changing its name. The company announced that it will go from Tesla Motors to just Tesla. When the company was founded...
For the first time in over a decade, Mercedes-Benz surpassed BMW in sales last year. This feat comes after Daimler, Mercedes’ parent company, switched...
In April Ford announced it had decided to build a new $1.6 billion plant in San Luis Potosi, Mexico. President-elect Donald Trump opposed the...