Elon Musk's bid to take Tesla private has taken another turn that's spurred trading tumult, with Morgan Stanley becoming the second firm to suspend coverage of the electric-car maker's stock.
Elon Musk's bid to take Tesla private has taken another turn that's spurred trading tumult, with Morgan Stanley becoming the second firm to suspend coverage of the electric-car maker's stock.
Lyft and Aptiv declined to provide financial details, but both companies "are making money on this," says a Lyft official.
A memorandum of sentencing for former FCA labor relations chief Alphons Iacobelli says, "High-level officials of the UAW sought to enrich themselves and live lavish lifestyles rather than zealously work on behalf of the best interests of tens of...
Ahead of NAFTA talks due to start on Tuesday (21 August), it has emerged foreign-brand vehicle makers with US plants have told US lawmakers they do not support Trump administration rules to raise the amount of local content in North American made vehicles.
Volvo's new T3 three-cylinder petrol engine is starting to make an appearance as the automaker expands its XC40 compact SUV line.
Snetterton, an English race track accustomed to hosting the elite of British motorsport, welcomed a collection of one of France's most iconic vehicles for the annual 24-Hour Citroen 2CV race.
Wabco Holdings, the commercial vehicles component supplier, has opened its new Global Technology and Innovation Centre in Hanover, Germany.
KMART Tyre & Auto Service, part of the Wesfarmers group, has been sold to German tyre company Continental for A$350m, according to an Australian media report.
Bosch will take a 4 percent stake in the UK's Ceres Power to jointly develop the next generation of solid oxide fuel cells, which could be used as a power supply for EV charging points.
Small SOFC modules could be used to satisfy growing electricity demand in metropolitan areas, Bosch said.
It may have axed local manufacturing and shrunk its dealer network but General Motors' Australian outpost is adding 150 engineers - taking the workforce to 500 - to work on developing future technology for autonomous vehicles and electric powertrains.
European and Asian automakers with U.S. plants cannot support President Donald Trump's proposals to raise the amount of local content in North American-made vehicles, an industry group told U.S. lawmakers.
News
21 Aug, 2018
Financial district’s council weighs up pilot scheme that would allow only electric cars and plug-in hybrids on low emission street
Malaysia's Proton Holdings and its strategic shareholder Zhejiang Geely Holding Group (Geely) have signed a preliminary agreement to establish a new joint venture focused on new energy vehicles, according to reports in China.
Toyota Motor is preparing to increase capacity at its two main production hubs in China, in Tianjin and Guangzhou, according to reports in Japan citing company insiders.
News
21 Aug, 2018
British brand presents its design language for the next decade with one-off GT X Experimental concept