motor

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Technologies (NASDAQ: ZBRA), known for its barcode and printing technology, is advancing its devices with its USD 90 Million acquisition of Xplore Technologies, a rugged tablet and hardware manufacturer.Zebra said it will be paying USD 6 per s..

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..

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motors sues Tesla for $2 billion for alleged patent infringement

Nikola Motor Co. filed a lawsuit on Tuesday against Tesla Inc. (NASDAQ: TSLA) alleging design patent infringements. Nikola is seeking approximately $2 billion in damages.Nikola said in court filings that Tesla’s electric Semi is “substan..

Harley-Davidson Inc Reported First Quarter Results

Harley-Davidson Inc Reported First Quarter Results

On Tuesday, Harley-Davidson, Inc. (NYSE:HOG) reported financial results for the first quarter of 2018. After the company announced its strong performance for the quarter, shares of the company increased 2% today.According to the company, revenue for..

Ford North American President resigns on misconduct allegations

Ford North American President resigns on misconduct allegations

Ford Motor Company (NYSE: F) announced on Wednesday that its North American president, Raj Nair, will be stepping down from his position following reports of inappropriate behavior saying that Nair engaged in behavior “inconsistent with the co..

Ford Motor Reported 2017 Fourth Quarterly and Full Year Financial Results

Ford Motor Reported 2017 Fourth Quarterly and Full Year Financial Results

Ford Motor Company (NYSE: F) reported 2017 fourth quarter and full year financial results on Wednesday, highlighting that the companies quarterly revenue went up 7% driven by the higher wholesale volume, and full year revenue up 3%.In 4Q the co..

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..