Tesla CEO Elon Musk threatened to pull the company’s factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory.
Environmental activists are up against Tesla and the law as they try and stop the march of capitalism on their environment.
In rearranging its global operations, GM is accelerating its retreat from unprofitable markets, becoming more dependent on the United States, China, Latin America and South Korea.
Tesla is counting on the Model 3 to help the company become profitable on a sustainable basis and transform it from a niche player to a heavyweight in the automobile industry.
The announcement gives a boost to Britain's automotive sector hit this year by Honda and Ford's plans to close factories.
About half of the 16,000 registered cars in the Croatian town of Imotski are Mercedes cars, which symbolise success for its rural inhabitants.
Mass-market carmaker Ford and luxury-focused Jaguar Land Rover have announced sweeping restructuring that will cost thousands of jobs in Europe.
Tesla cuts prices by knocking $2,000 off each of its model 3. The company said the cuts will help the customers to deal with the loss of a $7,500 federal tax credit.
The German automaker Volkswagen has been cutting costs to fund an ambitious shift to electric cars and automated driving.
A Japanese court decided to keep former Nissan chief Carlos Ghosn in a cell in a Tokyo jail for another 10 days while they investigate allegations that he under-reported his salary by millions of dollars over five years.
The US auto giant will lay off up to 14,000 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
The deal is seen as a bid by both the companies to catch up to rivals in the hotly competitive autonomous driving business.
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