Ford is in talks with China's BYD to sell German plant, report says
Ford is gauging interest from around 15 potential investors for its plant in Saarlouis, which builds the Focus compact car, the Wall Street Journal reported.
Hyundai-Genesis, Toyota, Stellantis and Ford dealerships sell in Q3, Q4 deals
Dealer Terry Taylor added a dealership to his portfolio, a former Lithia Motors general manager bought his first store and other dealers expanded their store holdings in third-quarter and fourth-quarter transactions in 2022.
Musk says SpaceX shares could have helped fund taking Tesla private
Elon Musk told jurors he was sure he had locked up financial support from Saudi investors in 2018 to take his electric car maker Tesla Inc. private, and could even have used his stake in rocket company SpaceX to fund a buyout.
Unifor organizes major N.A. seatbelt supplier TRQSS in Windsor, Ont.
Workers at Windsor, Ont., auto parts plant TRQSS Inc. have voted to join Unifor, notching a major organizing win for the union that President Lana Payne said gives Unifor added momentum in Canada’s automotive sector.
Elon Musk resumes testimony in defense of his tweets
Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders.