News - Auto News

SOURCES

Ford CEO resists some employees' push to end police vehicle sales

CEO Jim Hackett sent a more than 600-word letter to senior staff in response to messages he’s received both from within and outside Ford’s ranks to reconsider producing police vehicles.

Fisker the latest EV maker eyeing deal to go public, report says

Spartan Energy Acquisition, which is backed by private equity firm Apollo Global Management, is leading a bidding war among special purpose investors for Fisker, and could clinch a deal as early as next week, Reuters reported.

EV startups feel squeeze from Tesla

Tesla’s new Shanghai assembly plant has churned out popular Model 3 sedans for the past six months, catapulting the company atop the electric-vehicle sales chart and piling the pressure on cash-strapped local rivals.

Aston Martin's first DBX rolls off the production line

The model is a key element in the automaker's turnaround plan, which has also included changes in management and ownership structure over the last few months.

VW can face diesel-cheating suits where cars are bought, EU court rules

The verdict by the European Union's top court raises the possibility that the automaker could be sued by consumers across the 27-member bloc.