Electric vehicle maker Fisker Inc is in talks to go public through a sale to a so-called blank-check acquisition company, modeled after a successful deal earlier this year by peer Nikola Corp , people familiar with the matter said on Thursday.
DETROIT A federal judge on Wednesday threw out a racketeering lawsuit General Motors Co had filed against smaller rival Fiat Chrysler Automobiles NV , saying the No. 1 U.S. automaker's alleged injuries were not caused by FCA's alleged violations.
DETROIT Ford Motor Co on Monday rolled out the product and marketing strategy for its new family of Bronco SUVs designed to take a bite out of Fiat Chrysler Automobiles' profitable Jeep franchise.
Major automakers posted lower U.S. monthly or quarterly new vehicle sales on Wednesday due in large part to weak fleet orders, but said consumer demand remained robust despite the ongoing coronavirus pandemic.
DETROIT, June 30 General Motors Co said
on Tuesday its highly profitable SUV assembly plant in
Arlington, Texas, remains open despite a request by union
leaders to close the plant given the spiking rate of COVID-19
infections in the wider community.
DETROIT A U.S. appeals court on Monday stayed a lower court's order requiring officials from General Motors Co and Fiat Chrysler Automobiles to resolve GM's racketeering lawsuit.
DETROIT A federal judge in Detroit on Tuesday ordered the chief executives of automakers General Motors Co and Fiat Chrysler Automobiles NV (FCA) to meet by July 1 to try to resolve GM's racketeering lawsuit.
DETROIT Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine Ford is counting on to help pay off coronavirus-related debts.