Automaker GM is alleged in a class-action lawsuit filed today to have installed a device to defeat emissions tests of its diesel-powered Chevy Silverado and GMC Sierra pickups.
After several months of falling domestic car sales, May will likely tick up slightly compared to 2016. Overall domestic car sales still will be down for 2017.
Outgoing Ford CEO Mark Fields made a total of $59 million between 2014 and 2016, the majority of that in stock awards.
Mark Fields will be fired as Ford chief executive officer and replaced by Jim Hackett, who runs the Ford autonomous car division.
GM announced this morning that it will end vehicle sales in India and direct its attention to markets in China, North America, and South America where it believes it can win.
Paul Ausick Ford CEO Mark Field's plans have not impressed investors — again. He laid off 1,400 of the company's salaried workers in Asia and North America. Ford's stock promptly hit a 52-week low.
BMW outsold Mercedes-Benz in China during the month of April to grab the top spot in sales of luxury cars in the Middle Kingdom. Ford's Lincoln and GM's Cadillac trail badly.
New car registrations in the European Union declined year over year in April, the first such decline in nearly three years. Among U.S. car makers, Fiat Chrysler was the top seller, displacing…
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?
If Warren Buffett is considered the greatest investor of the modern era, and if he has held the title of the world's richest man, then maybe he knows a thing or two.
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…
Short interest in Tesla remains very high, with 27% of shares short, even as the stock price continues to soar.
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…
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…
How a car company that sold fewer than 100,000 cars last year became more valuable than either Ford or General Motors.
