Boeing Co will name a former senior Ford Motor Co and Softbank executive as its head of government affairs, sources briefed on the matter told Reuters.
Ford Motor Co said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring.
Ford Motor Co said on Thursday it would boost its F-150 Lightning production capacity to 80,000 per year due to strong demand for the electric pickup truck, adding that the vehicle would go on sale next spring.
Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making it one largest U.S. initial public offerings of recent years, according to people familiar with the matter.
One of General Motors Co's China joint ventures said on Wednesday it is developing auto chips and aims to increase use of locally sourced chips in the next five years.
China's Geely Holding is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three sources told Reuters, in what is expected to be one of Europe's biggest initial public offerings (IPOs) this year.
Whether it's a new company promising the "next big thing" or a more recognizable business announcing some surprising news, it's easy for investors -- especially inexperienced ones -- to be seduced by the allure of popular stocks.
(RTTNews) - Retail giant Walmart is set to provide autonomous vehicle delivery service in three cities in the U.S. in partnership with automaker Ford Motor and autonomous driving technology firm Agro AI. This move will enable Walmart to offer last mile delivery to its customers s
U.S. President Joe Biden was scheduled to meet on Wednesday with business leaders and CEOs, as he pushes companies to require workers to be vaccinated amid a surge in COVID-19 infections among those not yet inoculated.
U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was expected to take in more natural gas on Wednesday after shutting Tuesday during Tropical Storm Nicholas, according to pipeline data from Refinitiv.
U.S. President Joe Biden was scheduled to meet on Wednesday with business leaders and CEOs, as he pushes companies to require workers to be vaccinated amid a surge in COVID-19 infections among those not yet inoculated.
(RTTNews) - Rivian Automotive Inc., the electric vehicle business backed by Amazon and Ford, has launched its first R1T pickup for a customer. The electric vehicle start-up has now become the first automaker to bring an electric pickup to the consumer market.
No one expects large-cap stocks to perform as well as their small-cap brethren. It's simply easier for a company to grow from $300 million to $600 million than it is for a $10 billion company to turn into one worth $20 billion.
Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday.
Factory workers at Ford Motor Co's southern Indian plant near Chennai city have sought the state government's help to safeguard jobs that will be lost once the carmaker stops production, workers and union leaders said.
The U.S. auto safety regulator said Tuesday it has asked 12 major automakers for assistance as part of its probe into crashes involving Tesla vehicles striking emergency vehicles while using advanced driver assistance systems like Autopilot.
China, the world's biggest vehicle market where regulators are implementing new rules on data protection, is developing machines that will be able to track data sent abroad by cars, a government-backed agency said on Tuesday.