A visitor walks past a Ford Escape Titanium at the Shanghai Motor Show on April 17, 2019. Greg Baker | AFP | fake pictures Ford Motor performed much better than expected by Wall Street during the second quarter, even exceeding its own expectations, as the coronavirus caused continuous plant shutdowns …
Read More »
General Motors President and CEO, Mary Barra, on April 1, 2020 tours one of the company’s facilities in Warren, Michigan, which will produce Level 1 face masks. GM General Motors lost about $ 800 million and burned billions of dollars in cash in the second quarter in what is expected …
Read More »
The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
Read More »
Ford says its Active Drive Assist system will allow hands-free driving on more than 100,000 miles of divided highway in the United States and Canada. Ford Ford Motor has entered into an agreement with Mobileye, an automotive technology subsidiary of Intel, to support its next generation of advanced driving and …
Read More »
Nissan Motor unveiled a new all-electric crossover called Ariya early Wednesday as part of a four-year business change plan to achieve sustainable growth, financial stability and profitability for the struggling Japanese automaker. The vehicle is one of 12 new or redesigned models that Nissan has promised to launch until 2021 …
Read More »