Tesla's market valuation surpasses $100B

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Source: Dukascopy Bank SA
On Wednesday, Tesla Inc has become the first publicly-listed US automaker to race past $100B in market valuation, making its stock more than doubling in the last three months.
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Wed, 22 Jan 2020 20:47:14 GMT

FCA head notes progress in Peugeot merger talks

Fiat Chrysler's CEO Michael Manley has highlighted on Wednesday the merger talks between the Italian-American corporation and France' PSA Group to build the world's No. 4 automaker were progressing well, expressing hopes for a deal to be signed in 12-14 months.

Wed, 22 Jan 2020 18:58:55 GMT

Toyota to phase out 3.4M vehicles across globe

Toyota Motor is planning a recall of 3.4M vehicles across the world amid an electronic defect, which can pose a threat of airbags not deploying in crashes.

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