GM reduces executive and salaried jobs as part of broader cost-cutting effort
General Motors (GM) is reducing its number of executive and salaried employees in an effort to cut costs...
Ford
Ford
China to scrutinize Ford’s deal to ensure Chinese company’s core technology is not shared
China will scrutinise Ford Motor’s deal with the Chinese battery maker, CATL. It is to ensure that the...
Ford fight $8B cost deficit on its next-gen EVs to secure 8% margin
By the mid-decade, Ford Motor identifies measures that could cost a disadvantage of up to $ 8 billion...
Geely’s EV brand Zeekr raises $750M with five new & existing investors Zeekr will then be valued at $13 billion
Geely’s Zeekr brand raises $750 million in a funding round that is valued to be at $13 billion....
Ford to announce a new $3.5B battery plan in Michigan in partnership with CATL
Ford is to announce its factory plan on Monday which will be set up in partnership with China’s...
Ford reduces stake of Rivian to 1% The company has chosen to cut 1.15 percent in EV maker Rivian Automotive.
Automobile company, Ford Motor has decided to cut its stake after the company failed to gather profit. The...
Ford and Lincoln sales in January increase by two percent YOY in the US
Ford and Lincoln vehicle sales in the US get a good start this year as the YOY increase...
Rivian confirms its electric bike development a go
Rivian hinted over the past year that the automaker is going to make bikes. However, it is only...
Ford’s next-generation electric vehicle development underway
Ford is in deep development for its next-generation electric vehicles. It is a new full-size EV pickup that...
Tesla price cuts paying the path for affordable EVs as automakers struggle
Tesla’s price cut is creating a stir in the industry as rivals are feeling the pressure to follow...