Fiat in talks over $6.8 billion Italian state-backed loan
Fiat Chrysler Automobiles NV and Italy’s Intesa Sanpaolo SpA are negotiating a state-backed credit line of as much as 6.3...
Cruise laying off almost 8% of staff in setback for self-driving firm
Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost 8% of full-time employees to...
VW, Ford forge ahead with technology sharing to save costs
Volkswagen AG and Ford Motor Co. are pushing ahead with plans to team up on electric and self-driving vehicles even...
US jobless claims in millions again, higher than expected
The number of Americans seeking unemployment benefits remained in the millions for an eighth straight week as the economy continued...
Nissan said to plan $2.8B in cost cuts, book charges
Nissan Motor Co. is planning to cut about 300 billion yen ($2.8 billion) in annual fixed costs and book restructuring...
Harley makes acting CEO permanent after well-received debut
Harley-Davidson Inc.’s acting chief executive officer will take over the job permanently after winning over investors and analysts with a...
Another 3.17 million filed for US jobless benefits last week
The number of Americans filing for unemployment benefits topped 3 million for a seventh straight week, signaling little relief in...
Hertz and Avis cancel orders in setback for ailing carmakers
Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working with automakers to call...
