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 ›
Tesla’s quarterly profit has come as a pleasant surprise to investors. According to Tesla Inc’s website, the U.S. carmaker has started selling its Chinese-made Model 3 electric vehicle with an autopilot function, which has a starting price of $50,310 (355,800… Read More ›
Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›
The depreciation of the Renminbi has led to a jump in import costs. On Friday, U.S. electric vehicles maker Tesla Inc stated, it has raised the price of some of its models in China. The development comes in the wake… Read More ›
There is currently no plan to change Daimler’s capital structure, said Daimler’s CEO.
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