Canada's Magna International said on Thursday it expects to "roughly" double sales at its unit that manufactures electric powertrains and parts for electric vehicles this year, as automakers rush to roll out more affordable greener models.
Founders behind defunct self-driving startup backed by Ford and Volkswagen launched a new autonomous trucking firm, Stack AV, on Thursday with investment from Japan's SoftBank Group.
General Motors said on Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments over four years in its offer to the United Auto Workers union ahead of the Sept. 14 contract expiration.
Self-driving autos are gaining traction, and several companies are testing their robotaxi fleets. From one old-school automaker to a specialized AI chip giant, here are three prime stocks to play the autonomous driving industry.
Around 25 years back, Toyota TM revolutionized the auto market with Prius — a groundbreaking hybrid car that melded a gasoline engine with an electric motor to increase fuel efficiency and reduce emissions. This revolutionary car
Ford Motor Co said about 8,000 U.S. workers represented by the United Auto Workers union will get an average $4.33 an hour in additional pay under provisions of the current contract agreed in 2019.
J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new vehicle production, drive up used car prices and put pressure on margins in the personal auto insurance business.
Alteryx Inc, a data analytics software company with a market value of $2.5 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter.
Ford Motor Company (F) closed at $12.07 in the latest trading session, marking a -0.17% move from the prior day. This move was narrower than the S&P 500's daily loss of 0.7%. At the same time, the Dow lost 0.57%, and the tech-
Looking at the universe of stocks we cover at Dividend Channel, in trading on Wednesday, shares of Ford Motor Co. (Symbol: F) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.6), with the stock changing hands as low as $11.82 on the day. Divide
Alteryx Inc, a data analytics software company with a market value of $2.2 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter.
As we know, U.S. President Joe Biden has made addressing climate change a cornerstone of his administration's agenda and believes in the pivotal role of green vehicles in combating the climate crisis. In line with his commitment t
Auto industry profits are near a decade high, but that could be coming to an end if a strike takes place later this month. In this video, Travis Hoium covers what's at stake and what companies are doing to avoid the worst-case scenario.
U.S. auto safety regulators said Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive need to be recalled because they may rupture and send dangerous metal fragments flying.
U.S. auto safety regulators said Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi are unsafe and need to be recalled because they may rupture.
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