Volvo and Geely Holdings to Develop Lynk & Co Brand vehicles with new shared platforms and EV, hybrid technology.
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Fiat-Chrysler has plans to spin off Ferrari, with 90% of the shares going to FCA shareholders and an IPO imminent for 10% of the new company.
DETROIT, Jan. 1, 2014 /PRNewswire/ — The UAW Retiree Medical Benefits Trust (Trust) is pleased to confirm that an agreement has been reached between the Trust’s Independent Fiduciary and Fiat North America LLC regarding a purchase of the Trust’s entire…
Yesterday, Yamaha announced that it would cease development on JDM-exclusive motorcycles sporting engines with over 250cc of displacement. Japan’s domestic motorcycle market has been especially sluggish this year (partly due to the March quake, and partly due to the strong Yen hurting export profits). Yamaha cites increasing difficulties in recovering R&D costs as the primary […]