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U.S. AUTOMAKER NEWS
Xbox to raise console prices worldwide from AugustGroups representing automakers, retailers, electronics firms and others had warned earlier this month that the increasing demand for memo...
Tesla presented misleading 'Full Self-Driving' safety data to European regulatorsIn a bold move to secure European approval for its Full Self-Driving technology, Tesla has shared crucial safety data with Swedish and Dutc...
Samsung overtakes Micron in chips for cars to claim top spot; Captures 40% market shareSamsung Electronics has overtaken Micron Technology to become the world's top automotive memory chip supplier, capturing a 40 per cent mark...
What is US stock market prediction for Monday? Wall street ends at record highs as AI stocks and Dell lead market rallyWhat is US stock market prediction for Monday? US stock market prediction for Monday remains linked to momentum from Wall Street's latest r...
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Stocks in news: Adani Enterprises, Tata Motors PV, Tata Steel, Jio Financial, ITC HotelsMarkets extended their rebound for a second consecutive session on Thursday, buoyed by supportive global cues and selective buying in heavy...
Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
Ferrari eyes faster India expansion on back of EU-India FTA boostFerrari anticipates accelerated growth in India, driven by a significant reduction in import duties following the EU FTA. The company is en...
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
European, Japan stocks surge after US-Japan trade dealEuropean shares saw a rise on Wednesday. This was due to optimism about a possible trade deal between the European Union and the United Sta...
Shares in Japanese, South Korean automakers surge on Tokyo trade dealShares of Japanese and South Korean automakers surged on Wednesday after U.S. President Donald Trump agreed to a trade deal with Tokyo that...
European auto shares rally after US-Japan trade dealShares in major European carmakers rose on Wednesday, tracking a steep rally in some of their Asian rivals, after Tokyo struck a trade deal...
Lutnick announces tariff relief for US-built cars with 85% domestic contentUS Commerce Secretary Howard Lutnick announced that cars finished in the US with at least 85% domestic content will be exempt from tariffs....
Tesla shares finally snap record 13-day win streak that added $200 bln in valueTesla ended its 13-day streak of gains, during which it added over $200bn to its value. Tesla's market capitalisation rose to approximately...
Samsung's battery arm mulls US investment to meet EV demandThe battery making arm of Samsung Electronics has been reviewing various options to build a new battery factory in the U.S. to supply poten...
Ford's Europe car lineup to be all-electric by 2030The carmaker said it will invest $1 billion over the next 30 months to convert its vehicle assembly plant in Cologne, Germany, to become th...
GM will lay off 1,100 in Michigan after domestic production shiftGM has said the $1 billion investment would allow it to create or retain 1,500 U.S. jobs, but has not specified what jobs are impacted.
- Fiat and Chrysler in partnership talks: Report
Fiat is talking with Chrysler to form strategic partnership that could lead to Italian car maker taking a stake in its US peer. Carmakers t...
- Toyota announces zero-percent financing
Toyota Motor Corp. has announced zero-percent financing on 11 models as it tries to woo would-be buyers sidelined by the consumer credit cr...
- Shares of GM tumble to new 54-year low
Shares of General Motors Corp. slid to another record low Thursday, as speculation about the financial stability of the U.S.-based automake...