cars

Rolls-Royce can Face Thousands of Job Cuts

Rolls-Royce can Face Thousands of Job Cuts

Rolls-Royce Holdings PLC’s engine-durability problems worsened after the company found new issues that will require extra repair shop visits on a further lot of turbines that power Boeing Co.’s 787 Dream liner.The newly discovered glitch..

Honda to Source advanced Electric Car Batteries from GM in North America

Honda to Source advanced Electric Car Batteries from GM in North America

General Motors Company (NYSE: GM), in a press release, has announced an agreement with Honda for new advanced chemistry battery components, including the cell and module, to facilitate both companies’ plans for all-electric vehicles. They clai..

Tesla aims to Reduce Cobalt Dependency in Batteries

Tesla aims to Reduce Cobalt Dependency in Batteries

The most extensive problem facing electric cars is the availability of cobalt, which is used in lithium-ion batteries to build stability and increase safety. However, Panasonic, Tesla Inc. (NASDAQ: TSLA) battery supplier and partner in the Nevada Gi..

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Tesla Shareholders Back Elon Musk in $2.6 Billion Pay Package

Two of Tesla Inc. (NASDAQ: TSLA) shareholders are supporting a plan to award Elon Musk, CEO of Tesla, a compensation package valued at approximately $2.6 billion. The award is to prove that the electric vehicle manufacturer can keep Musk as CEO..

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

Toyota Signs Amazon as Partner for Autonomous Delivery Vehicles

Toyota Signs Amazon as Partner for Autonomous Delivery Vehicles

Toyota Motor Corp (NYSE: TM) President Akio Toyoda unveiled plans for a new mobility service business alliance and e-Palette Concept Vehicle at the 2018 CES. Amazon.com, Inc.(NASDAQ: AMZN) has signed with Toyota as a partner for the new mobilit..

Ford With Plans to Release Diesel Option for F-150

Ford With Plans to Release Diesel Option for F-150

Ford Motor Company (NYSE: F) has announced plans to release a diesel engine version of their best selling F-150 pickup truck this spring. Ford executives said the diesel model of the F-150 is expected to get 30 miles per gallon fuel efficiency on th..