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United Kingdom

Ben Klayman

Fisker closes deal for supplier Magna to build its SUV, take stake in startup

15 Oct 2020

DETROIT Fisker Inc, which is going public through a merger with a so-called blank check company, said on Thursday auto supplier Magna International Inc will supply the vehicle platform and build the electric carmaker's Ocean SUV.

U.S. auto suppliers scramble to fill factory jobs

08 Oct 2020

DETROIT Millions of U.S. workers have lost their jobs to the pandemic, but in the auto industry, suppliers are scrambling to find enough people to staff production lines, resorting to such approaches as rewards for good attendance and at-work teachers to lure job seekers.

EV startup Faraday Future in talks to go public through SPAC merger

06 Oct 2020

DETROIT Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said on Monday.

Ford's new CEO Farley promises urgency at automaker, shakes up management

01 Oct 2020

DETROIT Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the speed at which his predecessor acted.

Ford's new CEO Farley promises urgency at automaker, shakes up management

01 Oct 2020

DETROIT Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the speed at which his predecessor acted.

CORRECTED-UPDATE 1-Ford's new CEO Farley promises urgency at automaker, shakes up management

01 Oct 2020

DETROIT, Oct 1 Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the speed at which his predecessor acted.

Former UAW president pleads guilty to embezzling union funds

30 Sep 2020

DETROIT Former United Auto Workers President Dennis Williams on Wednesday pleaded guilty to trying to embezzle union funds that prosecutors said he spent on Palm Springs vacations, golf, liquor and cigars.

Nikola CEO confident of closing deal with energy partner, shares up almost 21%

30 Sep 2020

DETROIT Nikola Corp Chief Executive Mark Russell said Wednesday he is confident the electric and hydrogen fuel cell vehicle startup will close a deal with an energy partner, and he defended the company's technology and strategy against a short-seller's fraud allegations, sending shares up almost 21% at one point.

GM 'continuing discussions' with Nikola on alliance deal

29 Sep 2020

DETROIT General Motors Co and Nikola Corp have not finalized their deal to jointly build electric pickup trucks and hydrogen fuel cell tractor-trailers, one day ahead of the date targeted, and are continuing discussions, GM said on Tuesday.

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