Ford Motor stated it will increase U.S. production of its largest sport utility vehicles in a move to gain profits in a market where consumers favor larger, more comfortable automobiles.
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As Lyft Inc cruises toward an initial public offering in March, one of the big winners will be General Motors, whose stake in the ride-hailing firm could be worth about
U.S. prosecutors in Detroit charged a former high-ranking United Auto Workers official in charge of the labor union’s association with Fiat Chrysler Automobiles (FCA) of misusing funds for lavish purchases
U.S. President Donald Trump prompted General Motors to restart Ohio plant in a tweet on Saturday, ten days after the plant made its final Chevrolet Cruze. The last Cruze rolled
U.S. automaker Ford plans to slash over 5,000 jobs in Germany and will decrease its workforce in Britain as well as it seeks to return to profit in Europe, the
Austrian real estate company Signa Holding and New York-based real estate developer RFR Holding LLC have bought Manhattan’s iconic Chrysler Building, Signa stated on Friday. Signa and RFR entered into
Ford Motor CEO Jim Hackett earned salary, bonus and stock awards of $17.1 million in last year, up from $16.3 million the previous year, while adjusted pretax profit for the
As Lyft Inc cruises toward an initial public offering in March, one of the big winners is going to be General Motors, whose stake in the ride-hailing firm could cost
Tesla Inc revealed its Model Y electric sports utility vehicle on Thursday in California, promising a much-awaited crossover that will see competition from European automakers. CEO Elon Musk stated the
A group of investors led by SoftBank Group and Toyota Motor plans to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, that would value the unit
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