Oil majors are considering expanding to offshore wind farms and hydrogen fuel, to prepare for a world that uses less oil and gas.
Microsoft’s Azure cloud and edge computing platform would be used to “commercialise its unique autonomous vehicle solutions at scale.”
Maharashtra stalls investment proposals by Chinese firms worth Rs 5,000 crore after Ladakh stand-off
Maharashtra has stalled a proposal by China’s Great Wall Motor to invest nearly $500 million, days after a deadly border clash between the two nations, potentially delaying the company’s plan to tap one of the world’s biggest car markets
Coronavirus Outbreak: US auto factories likely to stay closed another 2 weeks; Fiat Chrysler backs off planned 4 May restart
Ford, General Motors and Fiat Chrysler factories have been idled for over a month due to fears of spreading the coronavirus.
Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak
Resources to fight COVID-19 range from providing free digital education platform, donating face masks, boosting up ventilator production to converting shipping containers into ICU.
Coronavirus Outbreak: Automakers push to reopen plants from Wuhan to Michigan; social distancing, masks to be used for employee safety
Auto manufacturers and suppliers are converging on a consensus that temperature screening, daily health questionnaires, assembly lines redesigned to keep workers 3 to 6 feet (0.9 m to 1.8 m) apart, and lots and lots of masks and gloves can enable large-scale factories to operate safely
After India debut, Great Wall Motors signs agreement for purchase of General Motor's Thailand manufacturing facility
Under a signed agreement, GM Thailand and GM Powertrain Thailand legal entities will transfer to GWM.
December is among the hottest months for auto sales in the United States.
The global market for EVs is expected to grow from two percent currently to over 30 percent in 2030.
Ford nears deal with Mahindra & Mahindra to form new JV; US automaker may cease independent operations in India
Under the terms of the deal being negotiated, Ford will form a new unit in India in which it will hold a 49 percent stake, while Mahindra will own 51 percent,
Lyft valued at $24.3 bn in first ride-hailing IPO, raises $2.34 bn in maiden offer; stock set to begin trading on Nasdaq from Friday
Lyft’s revenue was $2.16 billion for 2018, double the previous year’s and far higher than $343 million in 2016.
GM's new Chevrolet EV would be built on the same platform as the existing Chevrolet Bolt EV.
High development costs said to push BMW & Mercedes-Benz maker to cooperate on automated driving tech
GM, Amazon's talks with Rivian about an investment are continuing and any deal would be announced later.
Whereas, Uber, Google, General Motors, Volkswagen are vying to roll out robotaxi services.
Premier League: Manchester United's sacking of Jose Mourinho won't harm club's brand, say sports industry analysts
United topped Forbes' most valuable football team list in June but experts reckon that does not mean they are immune to losing fans or sacrificing marketing heft when it comes to their global brand.
Donald Trump seeks to play star role in Govt shutdown fight, wants $5 billion for border wall as suspense over Mueller probe comes to a boil
We’ve seen this rodeo before. With five weeks to go before the Opposition takes over the US House majority and suspense building over when special counsel Robert Mueller may release his final report on the alleged Russian meddling in Trump’s 2016 campaign - Donald Trump is raising the stakes, sowing chaos and distraction all around as he pushes for $ 5 billion in border wall funding and threatens government shutdown if his foot soldiers don’t deliver.
The factories up for possible closure are part of General Mortors' effort "to right-size our capacity for the realities of the marketplace," as consumers shift away from cars to trucks and SUVs.
General Motors to lay off nearly 15,000 workers in key political battlegrounds in huge blow for Donald Trump's America First war cry as 2020 election looms
In a big blow to US President Donald Trump’s battle cry of record employment numbers and jobs, iconic Amerian company General Motors (GM) which produces and sells cars, trucks, crossovers and automobile parts worldwide, will lay off nearly 15,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
Ford goes local in India, aims for bigger slice of competitive market; co develops low-cost dealership format
It’s early days yet, and Ford still accounts for less than 3 percent of total passenger vehicle sales in India, where analysts say it’s tough for auto manufacturers to make money.