carmaker

Carlos Ghosn, the former Nissan chairman who fled financial misconduct charges in Japan, is seeking more than $1bn (£785m) from the carmaker in a lawsuit.The tycoon, once considered the most powerful automotive industry figure…

MEXICO CITY :Japanese carmaker Toyota will invest $328 million more in a plant in the central Mexican state of Guanajuato, it said on Thursday, as it looks to adapt its production processes for a new hybrid model of its Tacoma pickup truck.…

Volkswagen has chosen Canada as the location for its first battery cell plant outside of Europe. The move will enable VW cars to access Canadian and US subsidies as the carmaker seeks to localise its electric vehicle production chain in the…

Mercedes-Benz said on Wednesday that it has partnered with Google to develop branded navigation for its new MB.OS operating system, as carmakers seek more control over technology in their vehicles.The system will equip Mercedes-Benz cars…

Ford Motor Co. plans to cut about 3,200 jobs across Europe, following workforce reductions in the US as the automaker slashes costs in a shift toward electric vehicles.A majority of the affected positions are concentrated in Germany…

FP StaffNov 15, 2022 15:50:42 ISTThere can be no doubt that Elon Musk’s Tesla has been at the forefront of the electric vehicle revolution that we have witnessed in recent years. However, there have been numerous instances where the tech…

Porsche took pole position as Europe’s most valuable automaker on Thursday, overtaking former parent Volkswagen (VLKAF) as the price of the sportscar maker’s newly-listed shares sped…

Warren Buffett's Berkshire Hathaway first bought into BYD in 2008. Shares in Chinese electric carmaker BYD plunged on Wednesday after its…

Maruti chairman R.C. Bhargava said the company is yet to identify specific areas for an alliance in setting up and securing its future supply chain Maruti chairman R.C. Bhargava said the company is yet to identify specific areas for an…

An unknown automaker, VinFast, which was founded just a few years ago in Vietnam, is landing in the United States hoping to take on giants like Tesla.Its founder, Pham Nhat Vuong, made his first fortune in dried ramen noodles and has since…