automotive industry and environment

Fiat Chrysler, Peugeot agree to merge

Fiat Chrysler and Peugeot owner PSA Group have signed a binding merger agreement, solidifying a nearly $50 billion deal that will create the world's third largest automaker.

GM and LG to build $2.3B battery plant in Ohio

General Motors and LG Chem announced plans for a $2.3 billion factory to build batteries for electric cars. The factory will be near the site of GM's closed Lordstown assembly plant in Ohio.

Ford takes aim at Tesla with electric Mustang SUV

On Sunday, Ford unveiled its new all-electric Mustang Mach-E crossover SUV. With its emphasis on affordability and performance, the newest member of the Mustang family appears to be a pointed attempt by Ford to take on Tesla.

Tesla Model Y could be a game changer

Tesla's stock enjoyed its biggest spike in six years this week after the automaker reported an unexpected third quarter profit. But that might not have been the biggest achievement for the company.