Russia takes over former Citroen plant, and started assembling the C5 Aircross based on Chinese kits
Changes to the factory will allow Rivian to improve the production rate at the site by approximately 30%
The company will launch 16 new electrified and 14 new ICE vehicles globally over the next two years
The carmaker’s Spansih plant currently produces the Kuga SUV but also built the Mondeo in the past
Checks were reportedly not cashed and some cars were delivered to customers without any payment being made
The automaker’s massive investment will allow it to create 80,000 new jobs
The ambassador essentially calls China a hypocrite for filing with the WTO after its own shady practices
Steve Burns claimed Lordstown had received 100,000 preorders from commercial fleets for the electric Endurance truck – which was not the case
EV startup paused production of its Ocean SUV last week and trading in the firm’s shares has been halted after talks with a major automaker – rumored to be Nissan – collapsed
The layoffs represent 2% of the workforce focused on engineering, software, and tech
Bahraini sovereign wealth fund Mumtalakat increases stake in supercar brand from 60- to 100 percent to take total control
The 61-year-old Adrian Hallmark said he has “admired the continued transformation of Aston Martin’s brand”
Apple controls 70 percent of the American smartphone market, and the DOJ says it has used illegal conduct to maintain its “monopoly”
The agreement also includes protections that keep it intact even if Trump ends up back in the White House
The automaker is also delaying plans for a three-row electric SUV as part of its shift toward cheaper cars
Luca de Meo believes European automakers are burdened by regulation, while Chinese and American automakers are supported by tax breaks and investments
The ruling will enable automakers to produce far more combustion cars in 2030 while still meeting CAFE requirements
Brit luxury brand announces first electric car will be pushed back a year to 2026, replicating Aston Martin’s recent decision