Honda and Nissan rumored to be in merger talks
Honda and Nissan are rumored to be in merger talks which could also bring Mitsubishi into the fold, according to a recent report by...
Ford shares fall after lowering full-year earnings forecast
Ford shares dropped by more than 4% in after-hours trading following the announcement of quarterly results and guidance that fell short of expectations.
Ford reported...
Scout Motors brought back by VW as electric vehicle company
Scout Motors, founded in the 1960s as a producer of agricultural machinery and trucks, is being brought back to life by Volkswagen as an...
Mercedes-Benz launches Europe’s first plant to reclaim 96% of battery materials
Mercedes-Benz has opened the first battery plant in Europe featuring an integrated mechanical-hydrometallurgical process.
The new plant opens in Küppenheim, southern Germany. The plant can...
Volvo AB reported disappointing third-quarter results
Swedish truck and construction equipment maker Volvo AB reported disappointing third-quarter results.
According to the company, in Q3 2024, its operating income was 14.1 billion...
Volvo Adjusts EV Strategy, Will Not Go Fully Electric by 2030
Volvo has revised its ambitious plan to go fully electric by 2030, a goal it set just three years ago. The Swedish automaker, now...
Nissan announces £2 billion plan for its Sunderland plant in the UK
Japanese automotive giant Nissan has announced a transformative £2 billion plan for its Sunderland plant in the UK.
According to Nissan, £1.12 billion will go...
Amazon to sell cars on its platform, starting with Hyundai
Amazon has announced a strategic partnership with Hyundai, marking its entry into the car sales industry. Starting in 2024, customers in the United States...
Toyota Recalling 1.8 million RAV4 SUVs Over Fire Risks
Toyota recently announced a massive safety recall affecting approximately 1,854,000 RAV4 SUVs. The recall has been issued due to concerns over a potential fire...
The UAW-Ford Deal: A Step Towards Improving Auto Worker Benefits
The United Auto Workers (UAW) union has recently made headlines with a groundbreaking agreement with Ford Motor Company. This historic deal not only promises...