Assembly workers are considered essential in most states, but not at the top of the list for vaccines, which are expected to be distributed first to health care workers and nursing home residents.
Continue Reading the above article 'Ford orders 12 ultra-cold freezers to distribute C...
Tesla's factory near Berlin will make cars tailored for European buyers, including smaller models that can park in dense urban environments, CEO Elon Musk said.
Continue Reading the above article 'Musk hints again at Tesla hatchback for Europe...
Ford's new hire comes as the automaker puts a new emphasis on technology. Ford described Deering as “accomplished at using technology, data and analytics to anticipate customer needs and fulfill them with human-centered products and services.”
Continue Reading the above article 'Ford taps eBay’s Suzy Deering as next CMO as it ...
With 15 large-scale factories under construction, the EU says the region could produce enough battery cells to power at least 6 million EVs within five years.
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In an interview, VW's CEO spoke about why the time is right to launch EVs, why he is shaking up management and the effects of the coronavirus pandemic.
Continue Reading the above article 'VW's Diess talks electrification and the value of ...
PSA shareholders’ 6-to-5 advantage on the new board won’t change soon, as members will serve an initial term of office of at least four years; PSA CEO Carlos Tavares will be appointed for a five-year term as Stellantis CEO.
Continue Reading the above article 'In 'merger of equals,' PSA is buying FCA, Stellant...
The 49-year-old Tesla CEO's net worth on Monday soared $7.2 billion to $127.9 billion, driven by yet another surge in Tesla’s share price. Tesla shares rose another 6.4 percent on Tuesday and reached a market value of $526 billion.
Continue Reading the above article 'Musk tops Bill Gates on wealth ranking as Tesla sh...
As part of its new effort to cut warranty costs, Ford has told suppliers it will charge them upfront for half the cost of a warranty problem. Suppliers might get some of the money back if they resolve problems more quickly.
Continue Reading the above article 'Ford tackles warranty costs in bid to boost profit...
General Motors Canada President Scott Bell recently told The Canadian Press that Oshawa is already on pace to be one of the fastest plant transformations in GM history.
Continue Reading the above article 'GM Oshawa upgrades and hiring already underway...
GM CEO Mary Barra said in a letter to environmental groups it is "immediately withdrawing from the preemption litigation and inviting other automakers to join us." President-elect Joe Biden praised GM for the move.
Continue Reading the above article 'GM no longer backs Trump effort to bar California ...