Ford to alter China strategy, Farley says
Farley said the region remains key to Ford. "We believe that not only is it the biggest EV market in the world, but customers digitally are ahead of the rest...
Farley said the region remains key to Ford. "We believe that not only is it the biggest EV market in the world, but customers digitally are ahead of the rest...
Truckmakers and tech companies are stepping in to fill the void. Daimler Truck, for example, said last week that it was collaborating with BlackRock Alternatives and NextEra Energy Resources to...
Cars.com generated gains in revenue and net income in the first quarter, with the dealership technology company's recent acquisitions and increased dealer revenue helping to offset declines in some dealer...
Four potential strategies for moving forward were identified in the report: divest from combustion parts and shift to EV production; commit to combustion engine supplies and simultaneously prepare for closure;...
The move will impact 558 employees, but the company has "offered to transfer and to continue to employ nearly all of the affected employees" at the new plant, according to...
MILAN -- Ferrari's core earnings rose 27 percent to 537 million euros ($594 million) in the first quarter on increased shipments. Results were driven by sales of the Portofino M,...
Volkswagen Group reported increased first-quarter revenue after strong demand in the U.S. and Europe helped to offset a slide in sales in China. Revenue rose 22 percent to 76 billion...
Volvo will lay off around 1,300 office-based employees in Sweden as it steps up its cost cutting. While the group's efficiency drive had begun to show results, more was needed,...
ANAHEIM, Calif. —The automotive and truck industries will soon learn much more about Tesla Inc.'s Semi — the Class 8 truck the electric vehicle company claims will upend the trucking...
While the automotive industry appears to be emerging from the worst of the supply chain woes unleashed by the COVID-19 pandemic, suppliers continue to struggle with inflation and production volatility....
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