General Motors confirmed on Friday it will spend $300 million in a suburban Detroit assembly plant, bringing 400 jobs to build a new Chevrolet electric vehicle. The largest U.S. automaker
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Ford Motor on Thursday named Amazon.com veteran Tim Stone as chief financial officer (CFO), the automaker’s first external hire for the role in more than 70 years. Stone, 52, replaces
Ford Motor stated on Wednesday it is bringing production of a fully electric vehicle at a second North American plant as part of its $11 billion investment plan set in
General Motors stated on Tuesday it would spend $2.7 billion in two Brazilian factories during the next five years, sparing them from a shakeup of the car manufacturer’s operations, a
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.
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
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