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Daimler said it will cut fixed costs, capital expenditures and R&D by more than 20 percent by […] -
The production line at a Panasonic factory in Japan will have enough capacity to build batteries for […]Toyota-Panasonic JV to build lithium ion batteries for hybrids
Auto October 6, 2020 -
Matthias Mueller, ousted in 2018 as Volkswagen Group CEO, joins tech investor Peter Thiel as prominent figures […]Ex-VW CEO Mueller joins Piech EV startup as chairman
Auto October 6, 2020 -
CEO Carsten Breitfeld, who joined the company from BMW last year, also said the company would deliver […]Faraday Future engaged in talks to go public through merger, CEO says
Auto October 5, 2020 -
The move expands upon Toyota’s existing effort to develop a 25-ton, Class 8 fuel-cell electric truck for […]Toyota, Hino to develop fuel-cell electric commerical truck for North America
Auto October 5, 2020 -
The redesigned 2021 compact crossover, Nissan’s top-selling model, arrives late this month loaded with family-friendly technology and […]Nissan prices retooled Rogue from $26,745
Auto October 5, 2020 -
The amount of cash being shelled out by the ride-hailing companies to overturn a state law that […]Uber, Lyft spend big in Calif. to oppose gig worker law
Auto October 5, 2020 -
The deal with a special-purpose acquisition company is expected to raise $384 million for Romeo, which counts […]EV battery maker Romeo Systems to go public via merger
Auto October 5, 2020 -
Lotus is developing the Evija electric hypercar as the brand seeks to grow under new owners, China’s […]Lotus wins UK grant to develop EV platform
Auto October 5, 2020 -
Visteon, which originally spun off from Ford Motor Co. about 20 years ago, has been shrinking for […]Visteon to cut jobs as part of $40M restructuring plan
Auto October 5, 2020 -
The Japanese automakers are bracing for a 10 percent tariff on cars exported from the UK to […]Toyota, Nissan to seek reimbursement from UK if Brexit talks fail, report says
Auto October 5, 2020 -
With inventory for both new and used vehicles tight, dealers have had to “find a new pond” […]Dealers get creative in inventory hunt
Auto October 5, 2020