The expansion is aimed at increasing the production of redesigned Lincoln Aviator and Ford Explorer. The company would spend around USD 40 million to upgrade the infrastructure of manufacturing …
E-commerce giant Amazon has reportedly expanded its wholly-owned food retail business, Amazon Retail India, as the main seller of grocery and food products on its online supermarket, Amazon Pantry. …
The German multinational engineering and electronics behemoth Robert Bosch GmbH and the London-headquartered automotive firm Fiat Chrysler have reportedly agreed to pay legal fees and costs of U.S. diesel …
The American multinational investment bank Morgan Stanley has recently reported that Walmart is expected to back out of its merger deal with the Indian e-commerce major Flipkart, amid new …
Globally reputed automotive company Tesla has apparently made an acquisition offer for energy storage firm, Maxwell Technologies in an all-stock deal. Credible reports cite that the deal, valued at …
The move comes in response to impending Brexit which is anticipated to affect the automaker’s future plans. Japanese auto giant, Nissan Motor Co., Ltd. has recently announced that it …
Globally leading ride-hailing service company Uber has recently unveiled that it has suspended its taxi service from Barcelona, amid the local authorities passing regulations which would limit its operation …
The two firms oppose the newly passed rule that obligates paying drivers $17.22 per hour after expenses. Ride-hailing companies, Lyft and Juno have reportedly filed a lawsuit against the …
Avinew, the California-based InsurTech company which is focused on autonomous & semi-autonomous auto insurance, has recently unveiled that it has raised USD 5 million in seed funding. Reportedly, Crosscut …
In what can be termed as a significant move in the development of the Ethiopian automotive industry, Volkswagen, the German automaker, has inked a MoU (Memorandum of Understanding) with …
