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Ford Motor Co. plans to cut 10 percent of its salaried jobs in North America and Asia Pacific this year in an effort to boost profits.

Ford Motor Co. plans to cut 10 percent of its salaried jobs in North America and Asia Pacific this year in an effort to boost profits.

Ford confirmed its plans to eliminate 1,400 salaried jobs, as the automaker seeks to improve profits and lift its beleaguered stock

Ford confirmed its plans to eliminate 1,400 salaried jobs, as the automaker seeks to improve profits and lift its beleaguered stock

Stuttgart prosecutors say they're investigating whether Volkswagen CEO Matthias Mueller, among others, manipulated markets by not releasing information about VW's diesel cheating soon enough.

The number of Americans traveling by car for the Memorial Day holiday will hit a 12-year high this year, fueled by a growing economy and relatively low gasoline prices.

The number of Americans traveling by car for the Memorial Day holiday will hit a 12-year high this year, fueled by a growing economy and relatively low gasoline prices.

The automotive parts and electronics maker Delphi is the latest company to partner with BMW, Intel and Mobileye in a joint bid to develop autonomous vehicles.

The automotive parts and electronics maker Delphi is the latest company to partner with BMW, Intel and Mobileye in a joint bid to develop autonomous vehicles.

The Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price.

The Wall Street Journal reports that Ford Motor Co. is planning substantial job cuts in order to boost profits and raise its stock price.

The latest on the global extortion cyberattack that hit dozens of countries (all times local): 5:15 a.m.

David Einhorn's Greenlight Capital is urging General Motors shareholders to back a plan to create two share classes.

David Einhorn's Greenlight Capital is urging General Motors shareholders to back a plan to create two share classes.

GM, a self-driving leader, may be squarely in the driver’s seat after GM-backed Lyft partnered with Waymo.

GM, a self-driving leader, may be squarely in the driver’s seat after GM-backed Lyft partnered with Waymo.

Maven now has 80 vehicles available to rent in Manhattan.

Want to borrow a Cadillac Escalade for your weekend in the Hamptons?

Want to borrow a Cadillac Escalade for your weekend in the Hamptons?