The job cuts at Sunderland come as part of a wider restructuring effort, with Nissan Chief Executive Ivan Espinosa having announced plans to close seven plants worldwide. However, the Sunderland plant ...

President Cyril Ramaphosa on Monday stressed that Equity Equivalents are a practical broad-based black economic empowerment ...

Diess can be considered the first major casualty of the turbulent times facing the global automotive industry, particularly in Europe, with several challenges. On one hand, the demands of the EU, as ...

Billionaire Elon Musk reiterated his criticism of U.S. President Donald Trump's spending legislation on Monday, arguing that ...

Tesla boss Elon Musk said his firm has completed its first-ever driverless car delivery to a customer – a milestone that comes as struggling automaker scrambles to reverse a recent sales slump.

Elon Musk's net worth of $367 billion makes him the world's richest person. His wealth is closely tied to shares of his car ...

CEO Elon Musk’s announcement of Tesla’s first fully autonomous vehicle delivery marks a watershed moment for both the company ...

The S&P 500 and Nasdaq Composite indexes ended the quarter with double-digit gains as hopes for trade deals and possible rate ...

A new U.S. presidential administration and continued softening demand for electric vehicles have roiled billions of dollars ...

Social media buzzed about Tyreek Hill outrunning Noah Lyles. However, Hill raced Josephus Lyles in Austin, clocking 10.10 seconds. The Hill-Noah event was cancelled earlier. Hill's speed is impressive ...

NBA legends like Michael Jordan, Magic Johnson, and LeBron James have amassed significant wealth through lucrative contracts ...

This mass adoption is driven by innovations in automotive technology. Some of the key advancements leading the sector in ...