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
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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
Tesla Inc backtracked its strategy to close all of its U.S. stores and instead will increase prices of its high-end vehicles by about 3 percent on average, as it seeks
Alphabet Inc’s self-driving car unit, Waymo, has been seeking financing from outside investors including European automakers Volkswagen, The Information reported on Monday, menitoning a person with direct knowledge of the
Ford Motor CEO Jim Hackett informed workers that 2019 will be the year the 115-year-old automaker turns “the corner toward a really bright future,” in an internal memo observed by
President Donald Trump wants to eliminate the federal tax credit that gives up to $7,500 to buyers of electric cars. In a $4.7 trillion budget proposal for the 2020 fiscal
General Motors’s self-driving car subsidiary, Cruise, stated it prepares to hire 1,000 more people during the next nine months, as the No.1 U.S. carmaker aims to launch a robotaxi service
Vehicle owners are all too familiar with the costs and stress associated with unexpected vehicle repairs. Luckily, there are companies who have made it their business to provide their community
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