Auto

Ford CEO Fields Received $18.6M in 2014 Compensation

Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday.

GM to Recall 1.5M Vehicles in China

GM's joint venture in China is recalling nearly 1.5 million vehicles to fix a problem with their fuel-pump brackets, marking one of the most expansive recalls issued in the world’s largest auto market.

Ford CEO: We Are Becoming a Mobility Company

As automakers are expecting competition from the tech sector as companies such as Apple (NASDAQ:AAPL) and Google are expanding their R&D into the auto sector, Ford (NYSE:F)CEO Mark Fields foresees technology and autonomous vehicles as key to the company’s future.