Nikola Trying to Salvage Its Image on Wall Street

Nikola Trying to Salvage Its Image on Wall Street

What was billed as “a partnership made in heaven” has taken a hellish series of turns for Nikola this month, and with the fate of its proposed alliance with General Motors now in limbo, the Phoenix-based startup is frantically trying to reassure investors on Wall...
BMW Agrees to $18M Fine for Inflating U.S. Sales Results

BMW Agrees to $18M Fine for Inflating U.S. Sales Results

BMW just became the latest automaker fined – $18 million – by federal regulators for disclosing “misleading” information about its U.S. sales results. The company and two U.S. subsidiaries reached an agreement U.S. Securities and Exchange Commission to pay the...
GM Continues Legal Battle with FCA with New Lawsuit

GM Continues Legal Battle with FCA with New Lawsuit

General Motors shifted its legal strategy in its court fight to prove that Fiat Chrysler Automobiles N.V. conspired with key United Auto Workers officers to damage GM’s competitive position. The auto company filed suit in Wayne County Circuit Court, hoping perhaps...
UAW Leadership Facing Challenge from Outsider

UAW Leadership Facing Challenge from Outsider

An outsider is challenging the United Auto Workers entrenched leadership for a spot on the executive board of the scandal-ridden union. David Green, a veteran union official from Lordstown, Ohio, is seeking to become director of UAW Region 2-B, which represents UAW...
Spyker: Back from the Dead

Spyker: Back from the Dead

The Dutch automaker Spyker appears to have plenty of lives, though it has so far burned through quite a few of them. Now, it is ready to rise from the dead one more time. The company, which attempted – and subsequently failed to pull off – the revival of Saab after...