Cars News

The deal with Mirae is expected to be finalized in the coming days before the deadline for the closing of the Twitter deal on Oct. 28.

The attempt by Kosovo's government to oblige its Serb minority to change their old car plates has been met with strong and sometimes violent resistance this year by local Serbs who live in the northern part of the country.

Argo employees were told that some of them would receive offers from the two automakers, TechCrunch said, adding that it was not clear how many employees would go to Ford, Volkswagen, or lose their jobs.

The debut comes after a turbulent period when Mobileye settled for merely a third of the $50 billion valuation it was targeting earlier in its IPO.

The new manufacturing line would be able to use battery cells both from partners and from a planned battery cell plant in Sweden.

Officials said no price range has been decided yet, however one person familiar with the process said the cap will be determined in line with the historical average of $63-64 a barrel - a level that could form a natural upper limit.

The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director.

Volvo Cars will temporary close one of its factories due to a chip shortage, the company told newspaper Goteborgs-Posten on Tuesday.