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The startup said its order had been terminated due to a longer-than-expected development time and unexpected costs. […] -
Junichiro Hironaka, along with other lawyers from the firm that once represented Carlos Ghosn, filed a lawsuit […]Ghosn’s former lawyer sues Japan over office search
Auto December 23, 2020 -
The company said it’s is facing issues with engine certification and will suspend output at its plants […]Toyota truck unit Hino to halt N.A. plants until September
Auto December 23, 2020 -
New competitors will accelerate change and bring fresh skills to the industry, Herbert Diess said when asked […]VW CEO says Apple can mount major challenge with auto push
Auto December 23, 2020 -
The unit could be floated at the end of 2021, German business newspaper Handelsblatt reported. Read MoreDaimler prepares stock listing of truck unit, paper says
Auto December 23, 2020 -
The new company, called LG Magna e-Powertrain, will immediately supply General Motors and Jaguar Land Rover, with an eye […]Magna, LG forming joint venture to supply EVs
Auto December 23, 2020 -
Elon Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of […]Musk says Apple CEO refused talks for Tesla at $60 billion
Auto December 23, 2020 -
FCA’s lawsuit claims Martinrea “improperly and unilaterally” reallocated one of its 3,500-ton aluminum die casting machines for […]FCA accuses supplier Martinrea of breach of contract
Auto December 22, 2020 -
The new North American trade agreement gives automakers some flexibility in order to be able to comply […]Some Mexican automakers want more time to meet USMCA rules, official says
Auto December 22, 2020 -
The factory near St. Petersburg has a capacity of up to 100,000 vehicles per year. It was […]Hyundai buys GM plant in Russia
Auto December 22, 2020 -
The nation’s largest used-car retailer said that demand softened toward the end of its fiscal third quarter […]CarMax quarterly earnings rise 36%; store expansion resumes
Auto December 22, 2020 -
The deal values San Francisco-based Ouster at around $1.9 billion and makes it the fifth lidar manufacturer […]Lidar startup Ouster reaches deal to go public with $1.9B value
Auto December 22, 2020