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Farley calls for more U.S. battery production to avoid shortages
Ford Motor Co.’s top executive said the U.S. must begin building batteries for the coming wave of electric vehicles in…
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Tenneco swings to $167 million net income in Q4 as full-year revenue drops
Diversified auto supplier Tenneco Inc. said it swung to net income of $167 million in the fourth quarter from a…
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Toyota’s air taxi partner Joby to go public in $6.6 billion deal; hires Ford exec
Joby Aviation, the 12-year-old electric air taxi startup partnered with Toyota and Uber Technologies, will go public in a $6.6…
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Turkish court convicts executive, two pilots in Ghosn escape trial
ISTANBUL — A Turkish court convicted an executive of Turkish jet company MNG and two pilots over their role in…
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Volvo, Geely launch powertrain venture after merger scrapped
BEIJING — Geely Automobile and sister company Volvo Cars will abandon merger plans but launch a new entity to combine…
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Fisker to form EV partnership with Foxconn
Foxconn Technology Group will develop an electric vehicle with Fisker Inc., part of the manufacturer’s efforts to boost its automotive…
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Fisker to form electric car partnership with Apple supplier Foxconn
Foxconn Technology Group will develop an electric vehicle with Fisker, part of the manufacturer’s efforts to boost its automotive capabilities…
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Nissan CEO who oversaw Ghosn’s downfall testifies in court
Former Nissan CEO Hiroto Saikawa told a Tokyo court that he agreed that former Chairman Carlos Ghosn should have been…
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Biden addresses global microchip shortage in latest executive order
The U.S. has been besieged by supply shortages since the onset of the pandemic, which squeezed the availability of masks,…
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Suzuki Chairman will retire after longest reign in auto industry
Suzuki Motor’s 91-year-old chairman, Osamu Suzuki, is stepping down after leading an automaker for longer than anyone else in the…
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