Auto Industry News

Ford Motor Co said it has signed a preliminary deal to buy lithium from a Lake Resources NL facility in Argentina, marking the first time the automaker has publicly announced where it will procure the electric vehicle battery metal.

Brookfield Business Partners is buying CDK Global Inc for $6.41 billion in cash, taking private the last major publicly traded provider of software to auto dealers and manufacturers.

Japan is aiming for a 20% share of the global rechargeable battery market in 2030 by boosting global output capacity at Japanese companies nearly 10-fold to 600 gigawatt hours (GWh)

Luxury carmaker Mercedes-Benz is working to increase its energy independence this decade with investments in solar energy and wind farms

Tunisian authorities intensified efforts on Saturday to avoid an environmental disaster after a merchant fuel ship carrying one thousand tons of fuel sank off the coast of Gabes.

Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn, as the carmaker's shareholders voted against the 2021 compensation package for top executives.

A federal judge has ruled that Tesla CEO Elon Musk's 2018 tweets about having secured financing to take the company private were false.

Kenya plans to deport the CEO of fuel storage and distribution company Rubis Energy Kenya over a fuel crisis