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Nissan Motor's shares jump 22% as the companies confirm it's in talks on a merger with Honda
Nissan Motor's shares jump 22% as the companies confirm it's in talks on a merger with HondaABC News - 12h -
UK motor insurers to rebound from their worst year on record, EY says
Auditing and accounting firms say companies will get a boost from lower inflationFinancial Times - 2d -
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Nissan Motor Reshuffles Senior Management as Part of Turnaround Efforts
The Japanese automaker’s CFO Stephen Ma has been appointed as the chairperson of the management committee for China.The Wall Street Journal - Dec. 11 -
General Motors pulls plug on robotaxi business
After the announcement, the project's co-founder posted on social media "GM are a bunch of dummies."BBC News - Dec. 11 -
General Motors Scraps Cruise Robotaxi Program
Carmaker cites competition, time and costs needed to scale the business.The Wall Street Journal - Dec. 10 -
General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan
The automaker has sunk billions into making a self-driving car service work. Now it says it will focus on “personal” autonomous vehicles instead.Wired - Dec. 10 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4