Staying Put? Despite speculation on the future of Ford CEO Alan Mulally, a Ford director said Mulally isn't going anywhere for a while.
General Motors plans to sell its remaining 9.9% stake in Ally Financial. Meanwhile, shares climbed on an upbeat report from Hayman Capital.
The nation’s largest dealership chain reported a 13% gain in November auto sales, sending its shares climbing 2%.
Amazon plans to use drones to deliver packages in some cities. The idea is novel, but many hurdles lie ahead.