north america

Volkswagen To Invest USD 800 Million In Electric Vehicles

Volkswagen To Invest USD 800 Million In Electric Vehicles

Volkswagen Group (OTCMKTS: VWAGY) announced on Monday that the Company will invest USD 800 Million into a manufacturing base for electric vehicles. The Company’s North American base will be located in Chattanooga, Tennessee. This undertak..

Ford Recalls 2 Million F-150 For Seat Belt Issue

Ford Recalls 2 Million F-150 For Seat Belt Issue

Ford Motor Company (NYSE: F) on Thursday announced plans to recall approximately 2 Million select 2015-2018 Ford F-150 in North America to address seat belt pretensioners.The Michigan-based auto maker said it was aware of 17 reports of smoke or fire..

Ford North American President resigns on misconduct allegations

Ford North American President resigns on misconduct allegations

Ford Motor Company (NYSE: F) announced on Wednesday that its North American president, Raj Nair, will be stepping down from his position following reports of inappropriate behavior saying that Nair engaged in behavior “inconsistent with the co..