Former 3M executive Rajendra Rao today was named CEO of Ford's mobility services subsidiary as the company looks to expand its business beyond auto manufacturing.
The emergence of Shahid Khan, the NFL team owner who made his fortune selling car bumpers, in the race to rescue embattled Japanese airbag manufacturer Takata Corp. pits the billionaire against more established parts suppliers.
Skoda may take another year before deciding whether to sells its cars in the U.S. Volkswagen Group's value brand plans first to enter the South
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