The Traton Group, Volkswagen AG’s heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks.Neither company disclos
General Motors and Honda announced Thursday they were establishing a strategic alliance in North America to share vehicle platforms and development costs.The venture builds on existing partnership
China's Geely Automobile Holdings Ltd said on Monday first-half net profit fell 43 percent, as the coronavirus outbreak slammed the brakes on auto sales in the world's biggest market.Geely, China's h
Volkswagen's luxury car unit Audi expects car sales to reach pre-COVID-19 levels only by 2022 or 2023, Chief Executive Markus Duesmann told a German business daily."We certainly expect the coronav
Tesla Inc cut the price of its sport utility vehicle Model Y by 3,000 U.S. dollars, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 p
German carmaker, Volkswagen, will invest about 1 billion euros to jointly develop electric cars in China with Chinese vehicle brand JAC. Watch the new episode of Discovering Anhui to see their latest
File Photo: Vehicles are seen at a car dealership of Volkswagen in Berlin, capital of Germany, May 7, 2020. (Photo by Binh Truong/Xinhua) Volkswagen is investing aroun
Volkswagen AG is in talks to acquire French car rental firm Europcar Mobility Group SA, in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the mat
Volkswagen Group Import (China) Co. and FAW-Volkswagen Automobile Co. will recall over 1,000 imported vehicles in the Chinese market due to concerns over transmission
Volkswagen said Tuesday it has invested another $200 million into QuantumScape, a Stanford University spinout developing solid-state batteries as the automaker bets on a next-generation technology th
Volkswagen has started to sell a home-charging device as the automaker prepares to bring its new ID. family of electric vehicles to market.The ID.3 is the first electric vehicle under the ID label and
German carmaker Volkswagen on Friday announced plans to invest 2 billion euros (about 2.2 billion U.S. dollars) in China to develop its electric vehicle business in th
General Motors' sales in China saw double-digit year-on-year growth in April, its two local ventures said on Sunday, as the world's biggest auto market recovers from the coronavirus epidemic.GM's
Volkswagen CEO Herbert Diess this week announced plans to suspend production at European factories, over COVID-19 fears. The news will impact a number of prominent makes under the umbrella of the worl
BMW will not bring the iX3, the automaker’s first electric crossover, to the U.S., the latest automaker to shift its EV strategy to Europe and China.BMW told Automotive News, the first media out
Major Japanese automakers said on Monday they have resumed activities at some of the factories in coronavirus-hit China after the temporary suspension caused by disruption in supply chain and logi
By APD writer AliceJapan’s Toyota Motor Corp Japan overtook the Nissan Motor Co., Renault SA, and Mitsubishi Motors Corp. alliance to rank second in the 2019 global aut
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