Lunes, Hunyo 29, 2020

Online used-vehicle seller Shift to go public through reverse merger

Shift will merge with a special purpose acquisition company, valuing the combined entity at $730 million on a pro forma basis.



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GM Defense lands $214 million Army contract

The vehicle is based on the 2020 Chevrolet Colorado ZR2 architecture. The Army authorized the purchase of 649 units of the infantry support vehicle and can increase that to 1,070.



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Ten years after IPO, a look back at Tesla's extaordinary decade

Despite plenty of doubters and some near-death experiences, Tesla’s $178 billion market valuation is second only to Toyota Motor Corp. among all automakers.



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GM customer care chief to retire

Tim Turvey, chief of customer care and aftersales, boosted customer loyalty and strengthened GM's parts operations and partnerships with dealers' service departments. John Roth, president of GM's Africa and Middle East operations, will replace him.



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Ford Promise debt relief program launches

Ford Promise allows Ford Credit to buy back a vehicle at its average trade-in value plus up to $15,000. If the amount owed is more than the program limit, the customer is responsible for the difference along with the cost of late or deferred payments and vehicle damage.



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Ford Promise debt relief program launch

Ford Promise allows Ford Credit to buy back vehicles at its average trade-in value up to $15,000. If the amount owed is more than the program limit, the customer is responsible for the difference along with the cost of late or deferred payments and vehicle damage.



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Nissan denies corporate conspiracy to oust Ghosn

Nissan's audit chief said there were no facts to support suggestions of an internal plot to oust former Chairman Carlos Ghosn.



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