Ford extends talks with Volkswagen and Mahindra to cut expenses

Ford Motor logo

With its stock trading close to a 6-year low late last month, Ford Motor CEO Jim Hackett gathered the automaker’s top 300 executives close to its headquarters located in Michigan for a global leadership meeting. Hackett’s message: Ford should put in motion plans to restructure its business now in order to secure promised expenses savings, […]

U.S. to investigate India’s Mahindra over Fiat Chrysler Jeep complaint

Mahindra XUV500

A U.S. regulator stated on Tuesday it would start an investigation into an off-road utility vehicle produced by Mahindra and Mahindra Ltd after a complaint by Fiat Chrysler Automobiles NV that it infringed upon the intellectual property rights of its Jeep design. The U.S. International Trade Commission (ITC) stated that it was starting a patent-related […]