Keith Crain

Ford estimates profit will fall to $9 billion this year

Ford expects a pretax profit of about $9 billion in 2017, down from 2016's pretax profit of $10.4 billion. It had previously said it expected a lower profit because of investments in mobility services, but had not given a dollar figure until it submitted a filing with the SEC.

| UPDATED: 03/06/17 4 am ET - adds Opel-PSA announcement

Self-driving vehicles: Why the rush?

The idea that the public will share the roads with thousands of driverless vehicles being tested should put a shudder through everyone, writes Keith

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