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Ben Klayman

Ford shakes up top management, promises faster turnaround

07 Feb 2020

DETROIT Ford Motor Co on Friday shook up its top management, naming strategy chief Jim Farley as chief operating officer of the No. 2 U.S. automaker and promising skeptical investors the company will kick a slow-moving turnaround into a higher gear.

With Tesla stock envy, GM hopes to sell investors on its EV, tech future

05 Feb 2020

DETROIT General Motors Co has watched with frustration and envy as the market value of electric carmaker Tesla Inc has ballooned to about two and a half times GM's size, but on Wednesday the Detroit automaker made the case that its EV and self-driving technology strategy deserves a higher value.

GM forecasts flat 2020 profit after a rough 2019; shares gain

05 Feb 2020

DETROIT General Motors Co on Wednesday forecast flat profits for 2020 and reported a better-than-expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla Inc . | Video

GM forecasts flat 2020 profit after a rough 2019

05 Feb 2020

DETROIT, Feb 5 General Motors Co on Wednesday forecast flat profits for 2020 and reported a better than expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of electric car rival Tesla Inc.

With Tesla stock envy, GM hopes to sell investors on its EV, tech future

05 Feb 2020

DETROIT, Feb 5 General Motors Co has watched with frustration and envy as the market value of electric carmaker Tesla Inc has ballooned to more than triple GM's size, but Wednesday the Detroit automaker is expected to make the case that its EV and self-driving technology strategy deserves a higher value.

Ford shares dive after carmaker posts fourth-quarter loss, disappointing 2020 outlook

05 Feb 2020

DEARBORN, Mich. Investors sent Ford Motor Co shares skidding on Tuesday after the company delivered a weaker-than-expected 2020 forecast, warning of higher warranty costs, lower profits at its credit arm and continued investments in future technology such as self-driving cars.

U.S. regulator to review recommendation on Fiat Chrysler's Jeep complaint against Mahindra

23 Jan 2020

DETROIT A U.S. regulator said it will review part of a recommendation made last fall that India's Mahindra and Mahindra Ltd infringed upon the intellectual property rights of Fiat Chrysler Automobiles' Jeep SUV design.

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