Automobile

Ford boosts its drive for electric cars in China with Zotye Venture

Ford Motor Co. said it will explore setting up a joint venture to produce electric vehicles in China with Anhui…

Talks by VW Group, Tata to produce emerging market car end amicably

Cooperation talks between Germany's Volkswagen Group and India's Tata Motors about joint development of a car for emerging markets have…

Mitsubishi to export new model from Indonesia next year, supply Nissan

Mitsubishi Motors Corp will start exporting its new multi purpose vehicle from its Indonesian plant next year, and plans to…

Pre-order for Tesla new model electric car falls 12%, says CEO Musk

Tesla CEO and founder Elon Musk has revealed that about 63,000 (12.2%) people have canceled their Model 3 pre-orders. The…

Daimler stands by diesel despite growing controversy

German automaker Daimler's profits barely rose and were short of market expectations in the second quarter, as its Mercedes-Benz luxury…

GE stock falls to lowest level in 19 months after report shows 12% drop in revenue

General Electric stock skid Friday to its lowest level in 19 months after the company saw a 12 percent drop…