Ford's 2020 sales down 15.6 percent, 9.8 percent in Q4
Ford reported a Q4 2020 sales decline of 9.8 percent to finish the year down 15.6 percent compared to 2019.
Michelin scrapping 2,300 jobs over next three years
French tire maker Michelin said on Wednesday it would cut up to 2,300 jobs over three years as part of a new simplification and competitiveness plan in France, adding this would involve neither layoffs nor plant closures.
Late sales rebound helps US automakers avoid 2020 disaster
Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous years with sales over 17 million
GM to upgrade hundreds of temp US employees to full-time jobs
General Motors will promote 650 hourly workers in the U.S. to full-time jobs this month, the company announced Monday.
Fiat Chrysler sales down 8 percent in Q4, 17 percent for 2020
Fiat Chrysler sales dropped 17 percent in 2020 due largely to issues caused by the coronavirus pandemic.
Elon Musk thought Tesla had 'a 10% chance of surviving at all'
Tesla founder Elon Musk said he thought his electric auto company only had "a 10% chance of survival at all" when it started.
The technology changing the way we drive
Magna CEO Swamy Kotagiri believes the way cars are designed, built and driven will transform in the coming decades.
GM sales up 4.8% in fourth quarter as auto prices hit record highs
General Motors sales were down 12% in 2020, but up 4.8% in the fourth quarter.
Car design, production will change drastically in next 2 decades: Magna CEO
Swamy Kotagiri on Magna, auto tech
Drones set to deliver packages 'everywhere' in the country in near future
Grady Trimble on drone delivery
Auto industry going through transformation 'beyond belief': Magna CEO
Swamy Kotagiri on Magna, auto industry
Fiat Chrysler shareholders approve merger with PSA Group
Fiat Chrysler and PSA Group shareholders voted Monday to approve a merger between the two automakers. The combined company will be called Stellantis.
Why you should review your home, car insurance policy this year
Stephen Kates on insurance, credit
PSA Group shareholders vote to approve merger with Fiat Chrysler
PSA Group shareholders on Monday voted in favor of a merger with Fiat Chrysler. The combined entity will be the world's fourth-largest automaker.
Tesla's annual sales up 36% but comes short of delivery goal
Tesla's annual sales rose 36%, but the electric car company came short of its annual goal to deliver 500,000 vehicles.
Ford, Bryan Cranston’s new coronavirus ad campaign urges Americans to ‘finish strong’ as vaccines roll out
To encourage Americans to #FinishStrong, the carmaker teamed up with filmmaker Peter Berg and award-winning actor Bryan Cranston.
Will hands-free driving tempt motorists to take their eyes off the road?
Automakers are starting to sell cars with automated steering and speed control to ease what they say is the tedium of driving.
How young drivers can steer clear of costly car insurance
Insurance costs for drivers in their early 20s can be staggering — after teenagers, young adults have some of the highest car insurance rates in the country.
Elon Musk says taking Tesla private would be an 'impossible' task
It is “impossible” for Elon Musk to turn Tesla private, the CEO said Christmas Eve.
French investigators to question Carlos Ghosn in Lebanon
In addition to his trial in Japan, the 66-year-old businessman is facing a number of legal challenges in France, including tax evasion and alleged money laundering, fraud and misuse of company assets while at the helm of the Renault-Nissan alliance.