Electric car maker Tesla Inc. has delivered on its CEO's promise to build a lower-priced car at a rate of 5,000 per week by the end of June.CEO Elon Musk sent an e-mail to company employees Sunday praising them for...
A Volvo representative confirmed Wednesday that the automaker's Care by Volvo subscription service is now able to deliver the automaker's XC40 crossover SUV in most states and that the 2019 S60 sedan unveiled at the automaker's new assembly plant in...
German automaker Audi has named sales chief Abraham 'Bram' Schot as interim CEO following the arrest of Rupert Stadler as part of a probe into emissions cheating.Audi, a division of Volkswagen, said in a statement Tuesday that it has also...
Tesla CEO Elon Musk has rebuffed a shareholder attempt to overhaul the electric car maker's board and strip him of his role as chairman, despite worries about the company's shaky finances and inability to meet its production goals for its...
Nearly 15 years after Fiat Chrysler Automobiles CEO Sergio Marchionne took the reins of the global automaker, the only consistent force within the company has been change.On Friday, Marchionne and other FCA executives outlined a broad plan to focus heavily...
In his last big presentation as CEO of Fiat Chrysler before retiring next year, Sergio Marchionne said Friday that the Italian-American carmaker will this month hit its long-held goal of having no debt as it turns its focus to making...