Report: Ford Planning Big Job Cuts To Boost ProfitsThe Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price.
200+ Employees Officially Move In At New Toyota HQ In PlanoHundreds of employees are unpacking and settling in today at the new North American headquarters for Toyota. The relocation of the automaker’s headquarters has sparked a boom in Collin County and the city of Plano.
Volkswagen CEO: U.S. Remains 'Core Market' For CompanyThe CEO of German automaker Volkswagen says the United States remains a "core market" for the company despite its diesel emissions scandal and has underlined that it hopes to expand there.
GM In The Fast Lane, Easily Tops ExpectationsGeneral Motors' net profit fell just under 3 percent last year but the company still made a $9.4 billion on the back of its U.S. money machine.
GM To Temporarily Close 5 Factories As Car Inventory BuildsGeneral Motors will temporarily close five factories next month as it tries to reduce a growing inventory of cars.
GM Profits More Than Double On Record N. America EarningsGeneral Motors' first quarter profit more than doubled as all of its business units posted improved numbers including record pretax earnings in North America.
VW Sued By Big Investors, Including Pension FundInstitutional investors are suing automaker Volkswagen in a German court, seeking $3.57 billion in damages over the company's diesel emissions scandal.
"No Excuse": Safety Experts Say Car Defect Puts Kids In DangerAuto safety experts are demanding action on what they call a serious safety defect. The move comes days after a jury awarded more than a $124.5 million to a Texas family.
California Sets Rules For Self-Driving Cars, Austin Still VyingCalifornia regulators have unveiled a roadmap that would let consumers begin using self-driving cars, though manufacturers would have to prove the emerging technology is safe before a licensed driver could get chauffeured around town.
States Probe Volkswagen Over Emissions, Look For Settlement MoneyAn expanding investigation among U.S. state governments into Volkswagen's emissions-cheating scandal could last years and will likely end in a settlement between the German automaker and states.
Reports: Fiat Chrysler To Buy Back About 300,000 PickupsFiat Chrysler will buy back about 300,000 Ram pickup trucks in the biggest such action in U.S. history as part of a potentially expensive deal with U.S. safety regulators to settle legal problems in about two-dozen recall.
Car Colors Are Getting BolderBetter economic times prompt buyers to like more expressive colors.