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Construction at the 420-acre (170-hectare) site just east of Montreal has been at a near standstill since Sweden-based Northvolt filed for bankruptcy protection in Sweden in March.
Toyota braces for a tariff bill of nearly $10 billion but still expects to deliver big profits and is even planning a new assembly plant in Japan despite the trade tensions.
The seating supplier recorded $3.7 billion of revenue in the quarter, up 1 percent from the previous year, while adjusted net income rose 31 percent to $38 million.
Mate Rimac explained why Bugatti, despite being profitable, no longer was the right fit within the VW Group. He also shared the reason for the Rimac Nevara supercar's delay in an interview with ...
Workers at Stellantis are in danger of seeing their bonuses drop from nearly $14,000 last year to nothing for the first time since 2010.
The National Highway Traffic Safety Administration wrote to Tesla on July 1 about coordinating a visit to Austin last month for a ride.
Workers at Stellantis are in danger of seeing their bonuses drop from nearly $14,000 last year to nothing for the first time since 2010.
Balaji is CFO at JLR owner Tata Motors, giving him full knowledge of the issues facing its U.K. subsidiary, which accounts for 71 percent of its Indian parent's revenue.
Sectoral tariffs of 27.5 percent remain in place and place a significant burden on German automakers and automotive suppliers, the VDA said.
Toyota braces for a tariff bill of nearly $10 billion but still expects to deliver big profits and is even planning a new assembly plant in Japan despite the trade tensions.
The partnership for five vehicles including an electric van will help GM and Hyundai battle growing competition from Chinese EV manufacturers.
Honda said increased production in the U.S. will help blunt impacts of tariffs. The move comes after Honda's quarterly profits fell 50%.
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