Ford doubles cost-cutting plan; Q1 earnings rise 9 percent

DETROIT -- Ford Motor Co. on Wednesday said it has nearly doubled its cost-cutting target by 2022 from the plan it laid out only six months ago and committed itself to either fixing or eliminating unprofitable portions of the business.


VW reaches $33.5 million diesel emissions settlement with Maryland

Volkswagen has reached a $33.5 million settlement with Maryland over state claims related to the German automaker's excess emissions, court documents show.

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Toyota looks for a breakthrough with reworked cars

The relatively low-volume Avalon and Corolla hatchback offer a preview of stablemates that are more critical for Toyota North America: the reworked Lexus ES, which will debut this week in Beijing, and the coming Corolla sedan.

'Holy grail' platform coming into Focus

The new Focus compact that rolled out in London and China last week debuts Ford's global version of Volkswagen's much acclaimed MQB modular architecture, a central element of Ford's stated aim to achieve $4 billion in engineering efficiencies over the next five years.

Chevy to launch all-new 2020 Silverado HD in fall 2019

With profits from pickups more important than ever as sales of cars fade, Chevrolet is making sure one of its biggest cash cows won't ever get old. The brand said the next-generation Silverado HD will debut next year as a 2020 model.

BMW iNext, i4 coming; i3, i8 futures in doubt

BMW will introduce the i4 and iNext EVs in 2020 and 2021, but the cars that kicked off BMW's i electric subbrand — the i3 and i8 — may not have a future beyond their current generation.


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