Volkswagen to Invest $27M Over 5 Years in EV Production Mon, 20 Nov 2017 14:27:02 +0000 In line with its Transform 2025+ strategy, Volkswagen (VLKAY) is set to invest $26.9 billion for developing e-mobility facilities to help manufacture MEB enabled electric cars.
American Axle (AXL) Banks on Business Expansion, Acquisition Tue, 14 Nov 2017 21:09:09 +0000 American Axle (AXL) expects to generate incremental revenues and higher growth from its business and customer expansion as well as Metaldyne acquisition.
Tesla Inc Stock Still Has a Long, Long Way to Fall Mon, 13 Nov 2017 17:33:00 +0000 Tesla was due to open for trade Nov. 13 at about $302 per share, having traded at over $380 per share as recently as Sep. 18. In other words, if TSLA stock is going to be valued like a regular car company, it still has a long, long way to fall. Big trucks represent a much smaller niche than passenger cars, where Tesla continues to report production problems.
Vietnam, U.S. firms sign MoUs during Trump's visit Sun, 12 Nov 2017 05:53:12 +0000 Vietnamese and U.S. companies on Sunday signed memorandums of understanding on gas development, automobiles, as well as aircraft engine purchase and support during U.S. President Donald Trump's visit to ...
Tesla (TSLA) to Acquire Automation Equipment Supplier Perbix Wed, 08 Nov 2017 13:13:01 +0000 Tesla (TSLA) intends to buy automated equipment designer and manufacturer, Perbix Machine Co Inc., with the aim of building up machine that makes machine.
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