Automobile

U.S. planemaker Boeing is letting 396 employees go at various locations in Washington, a notice on Monday from the state’s Employment Security Department showed. Monday’s notice is a part of wider cuts announced in October that...

Chinese electronics maker Xiaomi on Monday that it expects to launch its first SUV, the YU7, next June or July as it ventures deeper into China’s competitive auto market. The company announced the launch on China’s...

The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released...

Tesla aims to start its robotaxi service with a company-owned fleet backed up by human teleoperators for safety, Deutsche Bank said in a note after a meeting with the company’s head of investor relations. The electric...

China’s Xiaomi Corp said on Monday it aimed to deliver 130,000 electric vehicles this year, raising its forecast for the third time as the automaker upstart posted a 30.5% jump in third-quarter revenue. CEO Lei Jun...

Nissan Motor shares jumped as much as 6% in early Tokyo trading on Friday after Japan’s Diamond Online magazine reported that activist investor Oasis Management had taken a stake in the automaker. Nissan’s shares had also...

General Motors is laying off nearly 1,000 workers worldwide, mostly in the U.S., as it looks to streamline operations, a source told Reuters on Friday. GM confirmed in a statement it had made job cuts but...

German automaker Volkswagen and US electric vehicle manufacturer Rivian aim to begin selling cars equipped with the technology developed from their joint venture by 2026, the companies said Tuesday. The collaboration, focusing on automotive software and...

Toyota aims to make at least 2.5 million vehicles a year in China by 2030, three people said, an overhaul that will see it bring its Chinese sales and production operations closer together and allow local...

Japanese automaker Nissan on Thursday announced 9,000 job cuts as it slashed its annual sales forecast, saying it was “facing a severe situation”. “Nissan will cut global production capacity by 20 percent and reduce its global...