Nation Mar 11 Tesla walks back its plan to close most showrooms Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company continues its shift to toward online-only sales, but now says it won't close…
Economy Mar 06 Last car to roll off assembly line at Ohio GM plant The Lordstown plant along with three other plants in the U.S. and one in Canada are set to close at some point this year.
World Nov 20 Ghosn’s arrest casts doubt on Renault-Nissan alliance future Nissan's board is to meet Thursday to consider Ghosn's fate. Renault, where Ghosn is also CEO, said its board will hold an emergency meeting soon.
Economy Sep 27 SEC sues Elon Musk for false statements about taking Tesla private U.S. securities regulators have filed a complaint against Tesla CEO Elon Musk for falsely claiming on Twitter last month that funding was secured to take electric car company private.
Economy Sep 27 More U.S. corporate giants warn tariffs will mean price hikes A growing number of iconic American companies are warning that President Trump's tariffs on U.S. imports are raising their costs and prices.
Economy Sep 06 Ford recalls 2 million F-150 trucks due to seat belt fires According to Ford, the seat belt pretensioners in F-150 trucks from the 2015 through 2018 model years can generate excessive sparks when they tighten before a crash.
Nation Aug 25 Musk says investors convinced him Tesla should stay public Electric car and solar panel maker Tesla Inc. will remain on the public stock exchanges after CEO Elon Musk said Friday that investors have convinced him the company shouldn't go private.
World Jul 25 Sergio Marchionne, who saved Fiat and Chrysler, has died MILAN — Sergio Marchionne, a charismatic and demanding CEO who engineered two long-shot corporate turnarounds to save carmakers Fiat and Chrysler from near-certain failure, died Wednesday. He was 66.
Nation May 24 Self-driving Uber SUV that killed a woman had emergency brake disabled, report says In a preliminary report on the crash, the National Transportation Safety Board said Thursday that emergency braking is not enabled while Uber's cars are under computer control, "to reduce the potential for erratic vehicle behavior."…
Nation Apr 01 Congress demands answers on delay in GM recall At a hearing Tuesday, members of a House subcommittee demanded answers from new GM CEO Mary Barra about why the automaker used the switch in small cars such as the Chevrolet Cobalt and Saturn Ion even though it knew the…