Michigan's economic development board approved a 30-year tax abatement for Ford's planned campus in Detroit's historic Corktown neighborhood.
Scottish Economy Secretary, Derek Mackay, says the next meeting of the Michelin Dundee Action Group will meet this Friday (30 November) as attempts continue to secure a future for the seemingly doomed site.
Carlos Ghosn's deferred income at Nissan ballooned over the past eight years as he sought to downplay his compensation in front of shareholders, a practice that was a focus of the investigation that led to the executive's arrest, Bloomberg reported.
Toyota has updated its pioneering hybrid-only global model, the Prius, adding a new AWD-i electric all-wheel drive system.
Features
28 Nov, 2018
We joined Bake Off star Candice Brown to build a tribute to the iconic Skoda Fabia cake advert
President Donald Trump can fret over General Motors' plan to close plants, slash jobs and ditch models. He can even threaten. But market forces are tough to beat, even if you're president.
Samsung is planning to open a $62.7 million automotive battery plant near Detroit that would create 461 jobs by the end of 2024.
There's no specific mention of 'auto' but industry supply chain and logistics specialists will surely be interested to learn of the success of the first TIR journey by road from China to Europe which, it was claimed, "proves the system's cost, time and security advantages".
Experts cast doubt on the idea that President Donald Trump could unwind federal aid for the company by executive fiat.
Three quarters of UK automotive businesses fear a 'no-deal' Brexit would threaten their future viability, according to a new member survey announced by the Society of Motor Manufacturers and Traders (SMMT) at its 102nd annual dinner in London last night (28 November).
Carlos Ghosn consulted Nissan about the collateral related to personal trading losses but did not transfer the losses to the automaker, his lawyer said.
US president Donald Trump last night (27 November) threatened to strip General Motors of a tax credit that makes its electric vehicles more affordable for car buyers, escalating a dispute with the automaker over its plan to halt production at several American plants.
PSA has acquired shares in Chinese automotive spare parts distributor, UAP Auto Union (UAP).
Opinion
28 Nov, 2018
There has never been a better time to join the ever changing car industry, says John McIlroy
PPG and Lomon Billions announced an expanded, multi-year titanium-dioxide (TiO2) supply agreement.
Nissan says it has created a vision to make electric vehicles even more useful to customers by introducing 'new convenient ways to utilise their batteries' ability to store and share energy'.