In a statement, General Motors Co disclosed, it will extend the shutdown of its North American plants beyond March 30. It did not set a restart date. In an e-mail to suppliers, General Motors said, “given the unprecedented circumstances, exactly… Read More ›
On Tuesday, Volkswagen Group Rus stated, the carmaker will suspend car production in Russia following a supply shortage caused by the Wuhan coronavirus outbreak in Europe. Volkswagen Group Rus will stop production at its Russian plant from March 30 to… Read More ›
On Wednesday, French carmaker PSA stated, it has appointed two executives that it had recently recruited from the Renault-Nissan-Mitsubishi alliance to head its DS and Citroen brands. Both executives have been named to its global executive committee. PSA said Beatrice… Read More ›
According to Tesla Inc’s China website, the U.S. electric vehicle maker will cut the starting price for its China-made Model 3 sedans by 16% to $42,919 (299,050 yuan) after it receives Chinese subsidies for electric vehicles. The reduction in vehicle… Read More ›
Carlos Ghosn, Nissan’s ex-boss, will hold a news conference in Beirut on January 8, said his lawyer. The development comes in the wake of Ghosn’s abrupt arrival in Lebanon from Japan, where he was under house arrest following allegations of… Read More ›
In a statement, the second biggest U.S. carmaker Ford Motor Co stated, reservations were full for its high-end Mustang Mach-E First Edition electric sport utility vehicle. The automaker had unveiled its electric Mustang crossover on November 17, and had begun… Read More ›
Fiat Chrysler Automobiles (FCA) has decided it will appeal Italy’s tax authority statement which says that the carmaker had underestimated the value of its U.S. business after it bought Chrysler. As per a source close to the matter at hand,… Read More ›
Daimler will cut at least 10,000 jobs worldwide over the next three years, said the carmaker in a statement. The move follows job cuts by carmakers in the industry as they deepen their commitments towards electric vehicles, while grappling with… Read More ›
Daimler will cut at least 10,000 jobs worldwide over the next three years, said the carmaker in a statement. The move follows job cuts by carmakers in the industry as they deepen their commitments towards electric vehicles, while grappling with… Read More ›
Tesla Inc has unveiled an electric pickup truck which features a futuristic angular body in gunmetal gray that somewhat resembles an armored vehicle. The Cyber truck, with starting price of $39,900, is less expensive than was initially flagged. During the… Read More ›
