Tag Archives: billion

Bond investors give Tesla a $1.8 billion endorsement

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by Adam Taves Tesla raised $ 1.8 billion in its debut bond sale, boosting the amount by $ 300 million to meet demand. … Automotive News Breaking News Feed

Toyota, Mazda will build $1.6 billion U.S. assembly plant

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by Proudlove Toyota plans to build a $ 1.6 billion U.S. plant in a joint venture with Mazda to assemble Toyota compact cars and Mazda crossovers. The two automakers announced terms of a broader partnership. … Automotive News Breaking News Feed

VW bill for U.S. diesel buybacks: $2.9 billion and counting

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by charlie cars Volkswagen has paid $ 2.9 billion to repurchase nearly 138,000 U.S. diesel vehicles through Feb. 18 under a sweeping settlement over emissions violations. … Automotive News Breaking News Feed

VW’s $1.21 billion emissions settlement with U.S. dealers OK’d by judge

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by Jason Farrar U.S. District Judge Charles Breyer granted final approval to VW’s settlement worth up to $ 1.21 billion with 650 U.S. dealers over diesel emissions violations. VW’s dealers will receive an average of $ 1. … Automotive News Breaking News Feed

California utilities seek $1 billion to spur wider EV use

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by Dave Adams Automotive Images California’s utilities are asking for more than $ 1 billion to spend on electric car-charging stations that will help the state meet its goal of getting 1.5 million zero-emissions vehicles on the road by 2025. … Automotive News Breaking News Feed

GM to invest $1 billion in U.S. manufacturing, move axle work from Mexico

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by Dave Adams Automotive Images General Motors today said it would invest $ 1 billion in its U.S. manufacturing operations to create or retain 1,500 jobs in this country. … Automotive News Breaking News Feed