Ford to Cut Staff 10%, but Embattled CEO Fields Will Keep Salary
Why, if Ford cuts 10% of its worldwide workforce, does CEO Mark Fields, who caused the company's problems in the first place, keep his job and his salary?
Cars and Drivers
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Google, Volvo to Show Off Android Integration in Connected Car
Google and Volvo announced this morning that the two companies are working together to put Android at the center of new connected cars from Volvo.
Ram Offers Discounts as High as $11,000
Ram was just hit with a massive recall. It is almost certainly a coincidence that the full-sized pickup brand has discounts that total over $11,000 on one model and more than $10,000 on another.
10 Best New Car Deals for May
Heading into the Memorial Day holiday, automakers are keeping incentives high to attract more new car buyers to their dealer lots.
Company Offers Cars as Mother’s Day Gifts
Why buy candy or flowers for Mother's Day when you can get mom a car? It is a gift that will last much longer than flowers or a box of chocolates.
BMW to Bring Back Ultra-Luxury 8-Series
BMW plans to present a design concept for a new 8-Series luxury coupe at an auto show in Italy later this month.
Tesla Short Interest Still Over 31 Million Shares
Short interest in Tesla remains very high, with 27% of shares short, even as the stock price continues to soar.
What Volkswagen Plans for China
Volkswagen currently dominates the passenger car volume market, and now the company is turning its sights on China as part of its plan to grow sales in electric vehicles.
Why Can’t VW Come Back In America? It’s Too Small
Volkswagen Group says that, despite its diesel scandal, it will make a comeback in the U.S. Â A turnaround of any magnitude is nearly impossible. The scandal notwithstanding, VW is far too small in America,…
Ford Stock Performance Gets More Disappointing
The stock market continues to vote aggressively against Ford’s (NYSE: F) performance, or lack thereof. Over the last year, its share price is off over 16% to $11.14. GM’s (NYSE: GM) price is higher…
Ferrari Supercars Drive Stock to All-Time High
Ferrari shares posted a new all-time high Thursday morning after handily beating both revenue and profit estimates.
95% of US Car Travel Will Be Electric, Self-Driving or Shared by 2030
The passenger car industry will go through a massive transformation between now and 2030, according to a new forecast. The effects could completely change the auto manufacturing and oil and gas sections of the…
US Auto Fuel Economy Rating Rises to 25.3 MPG in April
New cars sold in the U.S. during April had a fuel economy rating that was up slightly from March and up 26% compared with the 2007 rating.
Were Tesla’s Earnings Too Boring for Investors?
Tesla this afternoon reported a diluted loss per share of $1.33 on revenues of $2.7 billion in Q1 of 2017, compared to consensus estimates calling for a per-share loss of $0.82 and $2.61 billion…
How Tesla Stock Has Gained 1,600% Since Its IPO
How a car company that sold fewer than 100,000 cars last year became more valuable than either Ford or General Motors.