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About a decade ago, Wan Gang, a former Audi engineer in Germany, convinced the Chinese government to roll out a national strategy to develop new energy vehicles and spend billions of dollars.
The Securities and Exchange Commission is investigating German automaker BMW, a company spokesperson confirmed Monday following a report of the probe by the Wall Street Journal.
General Motors, Ford Motor and other automakers in the past year cut thousands of jobs and shuttered factories as industry vehicle sales slow and fears of an economic slowdown pick up.
Phil LeBeau reports on how used cars are in demand and auto dealers are cashing in.
In the past decade, there has been no shortage of optimism from automakers and tech companies like Uber and Lyft over two major emerging technologies: autonomous and electric vehicles.
Phil LeBeau has more for us on the automaker merger between Fiat Chrysler and France’s PSA.
Phil LeBeau reports on how global auto sales are seeing a slowdown.
The anticipated showdown, which could take place as early as next week, comes shortly after Tesla unveiled its all-electric Cybertruck.
Elon Musk said Sunday night that Tesla received 200,000 “orders” for its Cybertruck, following an embarrassing debut.
Tesla unveiled its futuristic pickup truck at a promotional event in Los Angeles, but when it came to showing off the vehicle’s durability, things didn’t quite go as planned.
General Motors’ federal racketeering lawsuit against Fiat Chrysler adds to an already tumultuous time of corruption and disruption for the global auto industry.
Volkswagen Group said Thursday that, together with its Chinese partners, it will invest around 4 billion euros ($4.43 billion) in China next year, with almost half of the cash to be spent on developing e-mobility.
At the Los Angeles Auto Show, electric vehicles are now taking center stage but is the public ready for this new wave? Phil LeBeau reports.
Joining us on the show is Rachelle Petusky, Senior Manager Research & Market Intelligence at Cox Automotive Mobility, to discuss more about the demand for electric vehicles.
Phil LeBeau explains to us why Ford is attaching the iconic Mustang name to an all-electric SUV.