On the road to make an affordable car, Tesla cuts jobs
Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford.
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Tesla recalls 14,000 cars in China over Takata airbags
Electric-vehicle maker Tesla will recall over 14,000 Model S cars in China as part of the global automotive sector's effort to replace potentially dangerous airbags made by Takata, China's market regulator announced on Friday.
Ford forecasts $112 mn Q4 loss amid restructuring costs
Ford said Wednesday it expected to post a $112 million loss in the fourth quarter of 2018 as the automaker implements a massive restructuring in the United States and Europe.
VW, Ford announce alliance to build commercial vans, pickups
Volkswagen and Ford announced a new alliance on Tuesday to jointly develop commercial vans and pickups starting in 2022, a bid to reduce costs in the increasingly competitive auto market.
Under pressure to change, Ford is reinventing itself
Struggling with a sagging stock price and sluggish sales, US car giant Ford took steps to regain its footing this week with the announcement of a massive restructuring effort in Europe—even as it prepared for an imminent ...
Auto industry troubles buffet Ford, Jaguar Land Rover
The headwinds buffeting the global auto industry made themselves felt in Europe on Thursday as mass-market carmaker Ford and luxury-focused Jaguar Land Rover announced sweeping restructurings that will cost thousands of jobs.
Swedish research multiplies the life of rechargeable NiMH batteries
Researchers at Stockholm University have developed a method to multiply the lifespan of nickel-metal hydride batteries. This means that the batteries can handle a great many more charging cycles without losing capacity. The ...
Elon Musk bores tunnel to revolutionize city driving
Elon Musk on Tuesday took a break from futuristic electric cars and private space travel to unveil a low-cost tunnel he sees as a godsend for city traffic.
Daimler, BMW win green light for car-sharing merger
German carmakers Daimler and BMW said Wednesday they had won final approval to merge their car-sharing services Car2Go and DriveNow, paving the way for the creation of a European giant to challenge the likes of Uber.
Norway sees boom in electric cars, fueled by the government
A silent revolution has transformed driving in Norway.
