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Barring a last-minute hitch, Ford Motor and Volkswagen plan to announce a far-reaching alliance shortly after the new year, one that will cover a wide swath of territory and a broad range of technologies, new and old.
After months of testing and millions of miles developing self-driving vehicle technology, Waymo has officially launched the country’s first commercial autonomous ride-share service.
The Detroit automaker also cited rising commodities and interest rates as reasons to ask 17,700 employees to retire from the company.
Since becoming CEO in January 2014, Mary Barra has broken from her predecessors at General Motors in running a smaller, more profitable auto company.
Ford is road testing its autonomous vehicles in partnership with the city of Miami, as the legacy automaker hopes to capitalize on the emerging technology in ride-share and business delivery.
Tesla shares jumped by more than 12 percent as CEO Elon Musk made good on his promise to start turning regular profits in the last half of the year and revenue surges 70 percent to $6.8 billion.
The motorcycle manufacturer said historically low used bike prices are taking a chunk out of new bike sales, but prices are edging upward.
Reintroducing the Ford Ranger and Bronco to the U.S. market is part of the company’s gambit to take advantage of America’s shift in consumer sentiment toward pickups, SUVs and crossovers.
Phil LeBeau reports that General Motors and Honda have announced a partnership to develop and build an autonomous car together.
Phil LeBeau reports on September auto sales, which were mixed.
Under the terms of the deal, Musk and Tesla would have had to pay a nominal fine, and he would not have had to admit any guilt. However, the settlement would have barred Musk as chairman for two years, according to sources.
Ford CEO Jim Hackett said Ford needs the U.S., China and other countries to make quick decisions about trade or there ‘will be more damage.’
Phil LeBeau takes a look at how China’s latest round of tariffs are impacting a U.S. auto parts supplier.
You can buy or lease a car, but did you know that you can also subscribe to one? Phil LeBeau explains how auto subscriptions work.