Ford prepares to unveil what's likely the last gas-powered Mustang
The seventh-generation 2024 Ford Mustang will debut within weeks as Ford reinvents itself by slashing jobs and reorganizing its work force to prepare for a battery-powered future.
Biden signs order on $52 billion chips law implementation
It is still not clear when the U.S. Commerce Department will formally make available semiconductor chips funding for prospective applications or how long it will take to make awards.
Porsche arranges IPO demand at up to $85B valuation, report says
Porsche has secured pre-orders for the floatation in the first week of September that exceed the shares on offer at a valuation between 60 billion and 85 billion euros ($85 billion), Bloomberg reported.
Warren Buffett bullish on driverless trucks after purchasing stake in Kodiak Robotics
Pilot Co., which operates Pilot and Flying J travel centers and is owned by Berkshire Hathaway, agreed on Tuesday to take a stake in Kodiak Robotics Inc., a driverless truck startup.
Stellantis, Buick-GMC, Volkswagen, Hyundai dealerships acquired in Q3, Q2 deals
Stellantis, Buick-GMC, Volkswagen and Hyundai dealerships traded hands in single-store transactions in the third quarter and second quarter. The dealerships are spread across four states.