
General Motors Co
Toyota’s, Nissan’s global sales fall short of Volkswagen’s
Toyota Motor Corp. sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG, the Japanese automaker said Wednesday.Separately, Nissan Motor Co. said its global sales totaled 5.65 million vehicles last year, while Renault SA of France, which owns 43 percent of Nissan, ...
Trump: US tariffs on more foreign vehicles would have prevented GM plant closures
GM plans to close 3 plants and eliminate thousands of jobs in North America
President Trump threatens to cut GM subsidies in response to US job cuts
Donald Trump has made boosting auto jobs a key priority during his almost two years in office and has often attacked automakers on Twitter for not doing enough to boost U.S. employment
White House expresses ‘disappointment’ at General Motors
President Donald Trump said Tuesday that he was "very disappointed" that General Motors was closing plants in the United States and warned that the White House was "now looking at cutting all GM subsidies," including for its electric cars program.Trump unleashed on Twitter a day after GM announced it would ...
GM to slash jobs, production, cancel some car models
GM said it will shift more investment to electric and autonomous vehicles
Chinese automaker Zotye plans to sell vehicles in US in 2020
Chinese automaker Zotye Auto said it plans to start selling vehicles in the United States in 2020.Zotye said it will work with an American partner, HAAH Automotive Holdings. The companies said Wednesday the first model for the U.S. market will be an SUV but gave no details.Zotye joins Chinese automakers ...
Tesla secures land in Shanghai for first factory outside US
Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.Tesla, based on Palo Alto, California, announced plans for the Shanghai factory in July after the Chinese government ...
Report: Uber IPO could put company value at $120 billion
Uber may put forth an initial public offering early next year that values the ride-hailing business at as much as $120 billion, according to a media report.The Wall Street Journal said Tuesday that Uber Technologies Inc. received valuation proposals from Goldman Sachs and Morgan Stanley. There is no guarantee Uber ...
Toyota, SoftBank setting up mobility services joint venture
Japan's No. 1 automaker Toyota Motor Corp. and technology giant SoftBank Group Corp. say they are setting up a joint venture to create mobility services.The companies said the venture, Monet Technologies Corp., will be running by the end of March. It will work on on-demand vehicle services, food deliveries and ...
GM, Honda team up to produce self-driving vehicles
General Motors and Honda will team up on self-driving vehicle technology as big automakers and tech giants race to be first in their development.Honda Motor Co. will invest $2.75 billion in the autonomous vehicle unit run by General Motors Co., called GM Cruise. The two automakers are already partnering on ...

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