Ford dropping C-Max in U.S.

Ford's decision ends a six-year run for a once-promising nameplate doomed by sluggish electrified vehicle demand and overstated mileage claims.

VW earmarks $11.8 billion to develop, build China EVs

VW plans to spend nearly $12 billion by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with stringent new rules in China.

UPDATED: 11/14/17 1:07 pm ET - corrected
Vehicle sales to drop as ride-hailing booms -- IHS Markit study

Annual vehicle sales in the United States, Europe, China and India will decline to 54 million in 2040 from 67 million now, an IHS Markit study said.

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