Register now for free access to autonews.com - this week only.

Ford expects autonomy, mobility to take $300M bite out of 2017 earnings

Ford expects its investment on mobility and autonomous vehicles to reduce its 2017 earnings by $300 million, providing a breakout of its investments in the future for the first time. Despite that hit, Ford reported 2017 preliminary net income of $7.8 billion, up 70 percent due in large part to a much lower effective tax rate.


VW's Woebcken credits U.S. rebound to regional autonomy

Hinrich Woebcken said heeding its dealers with a product lineup and business model that catered more to U.S. tastes helped the automaker rebound in sales and market share in 2017.

Newsletters