The deal will create the world's second-largest steel company and is expected to close by June 18, reports said.

Chevy is combining the Corvette ZR1’s twin-turbocharged V-8 engine with the hybrid E-Ray’s electrified all-wheel drive system to stretch the performance chops of its flagship sports car.

John Elkann, who is also chairman of Ferrari and of Exor, the biggest shareholder in companies including Stellantis, Ferrari ...

Polestar will sell more than 190 million Class A shares to PSD Investment, a company controlled by Geely founder Li Shufu, giving the billionaire a combined total of 66 percent of the automaker.