General Motors CFO Chuck Stevens is retiring and will be succeeded by Dhivya Suryadevara, a 39-year-old Harvard Business School graduate who has been a fast-rising star in the company's financial operations. Suryadevara will take over as CFO on Sept.
Canadian auto parts supplier Magna International will partner with Michigan startup May Mobility on self-driving shuttles, the companies said on Wednesday.
Tesla reportedly is cutting several thousand jobs to reduce costs and become profitable without endangering the production start up for its critical 'low cost' Model 3 sedan.
As expected, PSA-owned Opel will develop the next-generation of high-efficiency petrol engines for all Groupe PSA brands (Vauxhall, Opel, Peugeot, Citroën, and DS Automobiles) at its engineering centre in Rüsselsheim, Germany.
Automotive trade between EU countries and the USA may soon enter a strange era. Should the Trump Administration levy duties on imports from the UK, the timing for Honda would be terrible: thanks in part to rising interest in the five-door hatchback made solely in England, the Civic has just become America's best selling car.
Grammer CEO Hartmut Mueller has urged the supplier's shareholders to back Ningbo Jifeng's takeover offer as a Bosnia-backed investor group opposed the move and forced a halt to the German company's annual meeting.
Grammer CEO Hartmut Mueller has urged the supplier's shareholders to back Ningbo Jifeng's takeover offer as a Bosnia-backed investor group opposed the move and forced a halt to the German company's annual general meeting.
General Motors has announced that Chuck Stevens, GM executive vice president and Chief Financial Officer, will retire effective March 1, 2019.
Federal prosecutors labeled Fiat Chrysler Automobiles and the UAW co-conspirators in the corruption scandal surrounding the UAW-FCA training center, according to a document obtained by The Detroit News.
As part of its ambitious international growth strategy, GAC Motor has delivered 150 GA3S cars to the Nigerian police force in Nigeria's capital city of Abuja. The cars were purchased and donated by Alhaji Aliko Dangote, Chairman of Aliko Dangote Foundation.
Toyota Motor Corporation will take a US$1bn stake in Grab to expand its collaboration with the south east Asia ride hailer and, it said, "to drive further advances in Mobility as a Service (MaaS) across the region".
China should "aim high" when it comes to new mobility technologies as it looks to capitalise on its rapid adoption of alternative energy sources says the country's International Trade Committee.
VW Group's supervisory board will discuss an investigation by German prosecutors into Audi CEO Rupert Stadler, as the automaker weighs how to tackle the latest fallout from its emissions scandal, Reuters reported.
FCA's Fiat, Alfa Romeo, Jeep and Abarth brands will not take part in this year's Paris auto show, according to French media reports. FCA joins automakers including Ford and VW brand in skipping one of Europe's top showcases for product debuts.
Toyota is making the largest ever bet by an automaker on ride-hailing as it embraces new businesses that threaten to disrupt the industry's traditional model of vehicle ownership.
The German government ordered Daimler to recall 238,000 vehicles in Germany after they were found to be fitted with unauthorised emissions defeat devices, a media report said.
The Renault-Nissan-Mitsubishi Alliance has reported a 14% increase in annual synergies to EUR5.7bn in 2017, up from EUR5bn in 2016. The Alliance said it benefited from growing cost savings, incremental revenues and cost avoidance.
At CEBIT 2018, Huawei has released the OceanConnect IoV (Internet of Vehicles) Platform which it says enables intelligent and connected vehicles, service transformation for automobile manufacturers, and the evolution of intelligent transportation.
Concerns about self-driving cars displacing workers are overblown and should be balanced against overwhelming potential advantages in the transportation segment, a new report says.
Concerns about self-driving cars displacing workers are overblown and should be balanced against overwhelming potential advantages in the transportation segment, a new report says.
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