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'Big 3' Tech Race: GM, Lyft to Test Self-Driving Taxis

General Motors and Lyft are moving forward with plans to create self-driving taxis. The companies expect to launch a test service within a year, raising the bar as Detroit’s Big Three automakers increase their investments in autonomous cars.

Report: Two Tesla Production Chiefs to Leave

Two top manufacturing executives are leaving Tesla Motors Inc at a time when the electric-car maker is working to launch its first mass-market car, the Model 3, Bloomberg reported.

Marchionne to Succeed Felisa as Ferrari CEO

Ferrari Chairman Sergio Marchionne will also become the luxury carmaker's chief executive after Amedeo Felisa's decision to retire, the company said in a statement on Monday.

Making Bank from Restoring Porsches

Emory Motorsports President Rod Emory said turning his lifelong passion for Porches into a successful business was something that came naturally to him.

VW CEO Sees Solid 2016 Growth Despite Crisis

Volkswagen has a chance of posting solid growth in its operating business this year even as it grapples with its diesel emissions scandal and a strategic repositioning, Chief Executive Matthias Mueller said.

High Warranty Costs Reflect Tesla's Struggle With Quality

While Tesla has trimmed its average warranty repair cost per premium electric vehicle since 2014, it still spends more than twice as much as General Motors Co and Ford Motor Co, according to a Reuters analysis of company data.