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United Kingdom

Joseph White

GM President Ammann will take over Cruise self-driving car unit

29 Nov 2018

DETROIT General Motors Co President Dan Ammann will take over as chief executive of the automaker's majority-owned Cruise self-driving car subsidiary, trading in the No. 2 job at one of the world's largest automakers for a front-row position in the race to render traditional cars obsolete.

GM to slash jobs and production, drawing Trump's ire

27 Nov 2018

DETROIT General Motors Co said on Monday it will cut production of slow-selling models and slash its North American workforce because of a declining market for traditional gas-powered sedans, shifting more investment to electric and autonomous vehicles. | Video

General Motors legt die Axt an Fabriken und Jobs

26 Nov 2018

Detroit/Washington Im Zangengriff sinkender Nachfrage und steigender Ausgaben bei der Umstellung auf Elektroautos steht General Motors vor dem größten Umbau seit der Pleite in der Finanzkrise vor zehn Jahren.

Ford CEO open to investors in autonomous vehicles but cautious on VW

15 Nov 2018

MIAMI Ford Motor Co Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG was a "delicate dance." | Video

Ford CEO open to investors in autonomous vehicles but cautious on VW

15 Nov 2018

MIAMI, Nov 15 Ford Motor Co Chief Executive Jim Hackett told Reuters the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a "delicate dance."

GM offers buyouts to cut costs after strong quarterly profit

31 Oct 2018

DETROIT General Motors Co on Wednesday stepped up efforts to cut costs in response to tariff and market pressures, even as it reported third-quarter profit that blew past Wall Street expectations. | Video

GM offering buyouts to cut North American salaried staff

31 Oct 2018

DETROIT General Motors Co said on Wednesday it plans to cut its North American salaried workforce, starting with voluntary buyout offers but resorting to layoffs if necessary.

GM offering buyouts to cut North American salaried staff

31 Oct 2018

DETROIT General Motors Co said on Wednesday it plans to cut its North American salaried workforce, starting with voluntary buyout offers but resorting to layoffs if necessary.

AutoNation misses revenue estimates on lower new vehicle sales; plans cost cuts

30 Oct 2018

AutoNation Inc reported lower-than-expected revenue on Tuesday, as the largest U.S. auto retail chain sold fewer new vehicles, and the company said it plans to scale back investment and overhead costs in 2019.

Peugeot open to new deals as turnaround draws attention: CEO

02 Oct 2018

PARIS French carmaker PSA Group is open to new industry tie-ups and is attracting attention from competitors after its lightning turnaround and swift progress in restructuring recently acquired Opel, Chief Executive Carlos Tavares said.

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