Tesla's CEO was accused by the Securities and Exchange Commission of misleading investors when he tweeted that he had funding lined up to take the company private.
Porsche is paying homage to the 935/78 Le Mans race car, nicknamed 'Moby Dick' for its elongated shape, oversized fairings and white base color, with a modern, 700-hp 935 at the "Rennsport Reunion" this week in California.
If Ford earns $1 billion less in North America because of tariffs, even though nearly all of the steel it uses is made in the U.S., its profit-sharing payouts to workers would drop by $1,000.
Lots of questions surround Fiat Chrysler as new CEO Mike Manley prepares to announce a new management team. Yet he is sure to carry a lighter workload than that of his hyper-scheduled late predecessor, Sergio Marchionne.
Lots of questions surround Fiat Chrysler as new CEO Mike Manley prepares to announce a new management team. Yet he is sure to carry a lighter workload than that of his hyper-scheduled late predecessor, Sergio Marchionne.
News
27 Sep, 2018
Limited-run 935 Le Mans tribute built to commemorate 70 years of Porsche sports cars
Germany's Thyssenkrupp, giving in to investor pressure and undergoing its biggest overhaul since the merger of Thyssen and Krupp 20 years ago, will spin off its car parts, elevators and plant engineering businesses to shareholders.
Thyssenkrupp, giving in to investor pressure and undergoing its biggest overhaul since the merger of Thyssen and Krupp 20 years ago, will spin off its car parts, elevators and plant engineering businesses to shareholders.
As the Trump administration negotiates new trade pacts with Canada, China and other countries, Ford Motor Executive Chairman Bill Ford said the automaker wants deals that allow it to plan and invest with "certainty."
Josh Hedges testified in a National Labor Relations Board trial Wednesday, the first witness called by the EV maker as it begins a defense against allegations lodged by a regional director of the labor board.
The pickup will feature a gasoline-electric motor and serve as a mobile generator.
Volkswagen is prepared to support hardware retrofits for older diesel vehicles and offer incentives for drivers to swap some older diesel vehicles for newer ones, Reuters reported.
Volkswagen is prepared to support hardware retrofits for older diesel vehicles and offer incentives for drivers to swap some older diesel vehicles for newer ones, Reuters reported.
Canada on Thursday shrugged off President Donald Trump's criticism that talks to modernize NAFTA were moving too slowly and made clear it had to keep negotiating as long as there was a chance of success.
Analysts say U.S. light-vehicle deliveries will total about 1.4 million this month, about 7 percent below a year ago when replacement demand following Hurricane Harvey sparked higher sales.
The Volkswagen brand's Transform.Together production strategy targets a 30% increase in productivity worldwide by 2025 compared to 2018.
Analysis by JATO dynamics suggests that the boom to the car market ahead of the new WLTP emissions standard test introduction this month was led by a 38% gain in business/fleet customer purchases during the month of August.
The VW brand plans to cut the amount of money spent per car in production and sees potential savings in manufacturing of $3 billion through 2025.
The Philippine new vehicle market continued to decline in August, by 14.1% to 30,313 units from peak year-earlier sales of 35,309 units, according to member data released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).
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