23 Dec 2020
DETROIT (Reuters) -A U.S. regulator ruled on Wednesday that Mahindra and Mahindra Ltd's new design for its Roxor off-road utility vehicle did not infringe the intellectual property rights of Fiat Chrysler Automobiles' Jeep brand, six months after barring the sale of older models.
17 Dec 2020
DETROIT Electric vehicle startup Canoo, which is going public through a reverse merger with a blank-check company, on Thursday revealed its second scheduled vehicle, a delivery van, and laid out plans to add a pickup truck and build microfactories.
17 Dec 2020
WASHINGTON/DETROIT When Jennifer Granholm was governor of auto-manufacturing Michigan, she led a charge that secured a whopping $1.35 billion in federal funding for companies to make electric cars and batteries in her state.
14 Dec 2020
WASHINGTON/DETROIT The U.S. Attorney's Office in Detroit said Monday the United Auto Workers (UAW) union has agreed to independent oversight to resolve a five-year federal corruption investigation that ensnared two former UAW presidents.
11 Dec 2020
DETROIT Electric Last Mile Solutions (ELMS) said on Friday it has agreed to go public through a reverse merger with blank-check company Forum Merger III Corp in a deal that values the U.S. electric commercial vehicle maker at $1.4 billion.
11 Dec 2020
DETROIT Innoviz Technologies, which makes sensors for self-driving vehicles and is backed by SoftBank, said on Friday it will go public through a reverse merger with blank-check company Collective Growth Corp in a deal valuing the startup at about $1.4 billion.
11 Dec 2020
DETROIT, Dec 11 Innoviz Technologies, which
makes sensors for self-driving vehicles and is backed by
SoftBank, said on Friday it will go public through a
reverse merger with blank-check company Collective Growth Corp
in a deal valuing the startup at about $1.4 billion.
30 Nov 2020
DETROIT General Motors Co and Nikola Corp on Monday announced a reworked agreement on a fuel-cell partnership that eliminates an equity stake in the startup for the Detroit automaker as well as plans for building Nikola's electric pickup truck, sending Nikola shares tumbling almost 25%.
24 Nov 2020
DETROIT Ford Motor Co said on Tuesday it has ordered a dozen ultra-cold freezers that can safely store Pfizer Inc's COVID-19 vaccine, a move aimed at ensuring the U.S. automaker's workers have access to vaccines when they are rolled out nationally.