This week: Register for FREE subscriber access to autonews.com

Google parent company leads $1 billion investment in Lyft

Google parent company Alphabet's investment arm, CapitalG, led a $1 billion investment in Lyft that values the ride-sharing startup at $11 billion, the ride-sharing startup said.


Ford's $28 billion cash pile doesn't buy love on Wall Street

Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street's love. The carmaker's $28 billion cash pile isn't “burning a hole in our pocket,” Hackett said earlier this month.

Newsletters