Auto

Mobileye Shares Sink on Tesla Breakup

Shares of Mobileye NV, an Israeli maker of driving-assistance chips and software, plummeted on Tuesday after the company said its contract with Tesla Motors Inc would not be renewed after its expiry.

Mobileye Shares Sink on Tesla Breakup

Shares of Mobileye NV, an Israeli maker of driving-assistance chips and software, plummeted on Tuesday after the company said its contract with Tesla Motors Inc would not be renewed after its expiry.

Fiat Chrysler Review Shows U.S. Sales Figures Were Inflated: Automotive News

An internal review that Fiat Chrysler Automobiles conducted from mid-2015 found that U.S. sales figures were inflated by 5,000 to 6,000 vehicles, partly amid pressure to keep the company's year-over-year monthly sales streak alive, the Automotive News reported Monday, citing two sources at FCA.

Fiat Chrysler Review Shows U.S. Sales Figures Were Inflated: Automotive News

An internal review that Fiat Chrysler Automobiles conducted from mid-2015 found that U.S. sales figures were inflated by 5,000 to 6,000 vehicles, partly amid pressure to keep the company's year-over-year monthly sales streak alive, the Automotive News reported Monday, citing two sources at FCA.

GM's Profit More Than Doubles

General Motors, bolstered by strong truck and SUV demand in its core market, posted a 157% increase in net profit in the second quarter compared with the same period a year ago.

GM's Profit More Than Doubles

General Motors, bolstered by strong truck and SUV demand in its core market, posted a 157% increase in net profit in the second quarter compared with the same period a year ago.

Partnerships Are the New M&A

Partnerships emerge as appealing alternative to M&A in midst of shifting and uncertain market environment.