Automotive Industry

The move is part of its $11bn global restructuring and will affect 5,000 employees, mostly in Brazil.

A 4.8 percent rally in Tesla’s shares on Thursday vaulted Musk past Jeff Bezos on the Bloomberg Billionaires Index.

FCA will invest $250m to launch four SUVs under its Jeep brand, a sign that India’s auto sector is...

Ford had been expected to terminate its India business after struggling in the world’s fourth-biggest...

The electric carmaker plans to launch in India in 2021, but not until later in the year, CEO Elon Musk tweeted.

Apple is targeting 2024 to produce a car that could include its own breakthrough battery technology, Reuters reports.

Tesla joined the prestigious S&P 500 index with a market value of more than $600bn Monday morning.

From a new drug research hub to island incubators, Greece positions itself for the ‘Fourth Industrial Revolution’.

The UAW agreed to pay $1.5m to settle tax issues and enact significant reforms, including independent monitoring.

Tesla’s shares touched a record high on Monday, pushing the electric car maker’s market value above $600bn.

Tesla CEO Elon Musk warns staffers in an email that investors may start worrying about company’s future profitability.

Pakistan’s new commuter train has eased rush hour for workers, but has also upended communities and ancestral homes.

Data firm S&P considered adding the electric carmaker’s shares to its main index in two tranches but opted for one.

Assembly plant workers are considered essential in most US states, but not at the top of the list for early vaccines.