Tesla Motors CEO Elon Musk said the need for lower-cost batteries for autos and power storage means there will need to be hundreds of 'gigafactories' like the one the carmaker is planning to build.
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GM is recalling 2.7 million cars and trucks in the United States for problems ranging from flawed brake lights and windshield wipers to brake problems, an escalation of the safety crisis that has enveloped the company for months.
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General Motors is recalling 2.7 million cars and trucks for problems ranging from flawed taillamps and windshield wipers to brake problems, an escalation of the safety crisis that has enveloped the company for months.
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Toyota's relocation of its United States headquarters to Plano, Texas, may bring $7.2 billion of economic activity to the area over 10 years, according to an analysis for the city.
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When Ford recalled 600,000 SUVs last week, it became the fourth carmaker this year to acknowledge an issue with malfunctioning airbags. So far in 2014, automakers in the United States have recalled about 6.
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General Motors is recalling 140,067 Chevrolet Malibus from the 2014 model year for a problem with the electronic brake control module that can increase the risk of crashes. The recall covers models with a 2.
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General Motors is moving production of the battery pack for its all-electric model of the Chevrolet Spark minicar in-house at the company's battery assembly plant in suburban Detroit.
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Hyundai Motor America plans to appeal a $248 million verdict awarded to the families of two boys killed in 2011 in a crash involving a Hyundai car they claimed was defective.
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Hyundai Motor America plans to appeal a $248 million verdict awarded to the families of two boys killed in 2011 in a crash involving a Hyundai car they claimed was defective.
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OAO Severstal, the Russian steelmaker controlled by billionaire Alexey Mordashov, said it is considering 'a range of strategic options' for its North American unit amid reports the business may be sold.
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General Motors conducted an additional 16 tests on cars with the defective ignition switch linked to at least 13 deaths to further support its position that the vehicles are safe to drive with only the key in the ignition, according to a document...
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Renault is looking closely at Western sanctions on Russia even though its alliance with Nissan appears better positioned than others to ride out the crisis over Ukraine.
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Magna International CEO Donald Walker says he hasn't been asked to end a Russian joint venture amid mounting tension over Ukraine even as an executive from partner Avtotor cited pressure from Canada to do so.
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Fiat Chrysler CEO Sergio Marchionne said the company will be much stronger than it is today at the end of his plan to sell 7 million cars by 2018, even if it misses the targets he set last week.
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