Ford preps production start of VW Transporter van in Turkey

25April 2024

Ford preps production start of VW Transporter van in Turkey

Building midsize vans in Turkey will lower VW’s costs and help Ford to build scale....

25April 2024

Mobileye quarterly loss widens, revenue plunges as chip orders decline

Mobileye Global reported a sharp fall in first-quarter revenue on Thursday, hurt by fewer orders...

25April 2024

Pretax charges drop Sonic Automotive’s Q1 net income

The company said $7 million in pretax charges contributed to a 12 percent dip in...

25April 2024

VinFast founder commits $1 billion as EV maker bleeds cash

Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his...

25April 2024

Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record

Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19...

25April 2024

XPeng touts ‘super fast’ software, AI upgrades as it mulls Europe output

XPeng’s exports could grow to around 10 percent of its sales this year from about...

25April 2024

Ex-VW brand design chief Kaban to lead MG’s global design

SAIC has hired former VW and BMW designer Jozef Kaban to shake up design at...

25April 2024

GM’s Marissa West looks to connect with retailers as she oversees North American operations

While growing up, General Motors’ first female North American president would collect brochures at the...

25April 2024

Honda spending $11B on EV assembly, battery output in Canada, reports say

The company’s leadership will be joined by a wide range of government officials, including Canadian...

25April 2024

Nissan EVs go bold with diagonal front lighting at Beijing auto show

Nissan has shown a creative and bold front lighting design in a clutch of electrified...

25April 2024

VinFast chief plans to invest $1B more from his fortune in EV maker

Pham Nhat Vuong and Vingroup have already poured $11.4 billion into the company as of...

25April 2024

Hyundai doubles down on hybrids after Q1 profit slips 2.4%

After posting a 2.4 percent drop in quarterly profit, Hyundai said it will continue to...

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