Ford stock price held steady at its highest since 2022 after the company admitted that its electric vehicle bet had backfired ...
The company is also scrapping a next-generation electric truck, codenamed the T3, as well as planned electric commercial vans ...
DEC 16 - Ford is backing away from plans to manufacture large electric vehicles, the US carmaker said on Monday, citing lacklustre demand and recent Kenya breaking news | Kenya news today | ...
GM Korea will invest USD 300 million in South Korea to launch a premium brand and turn its plants into a global export base. This move aims to quell worries about its long-term commitment amid weak ...
GM Korea has announced that it will invest USD 300 million in South Korea from next year and prepare to launch a premium brand in the country, as per a report by Pulse, the English service of Maeil ...