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While automakers around the world covet Jeep for its fat profits, FCA sees potential for much more, banking on the rugged brand to vie with global giants like Toyota, Volkswagen and Ford.
FCA did little to quell speculation that the manufacturer is considering ways to streamline its portfolio to focus on mass-market cars, saying it regularly reviews strategic proposals.
Walt Disney added GM CEO Mary Barra to its board, bringing on one of the most prominent female executives in corporate America amid a hunt for a successor to CEO Robert Iger.
What is the true cost of an Uber ride? That simple question is often lost among the many controversies facing the ride-services company.
Top Tesla investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock.
Three-wheel vehicle producer Elio Motors is seeking to raise $100 million -- and fast -- as the company seeks to shore up its deteriorating finances.
Ride-hailing company Uber is evaluating options for its capital-intensive car-leasing business, including a sale of the unit, a source familiar with the matter told Reuters.
Elon Musk calls Tesla's mammoth battery factory in Nevada an “alien mothership.” For the carmaker's newest lenders, the plant might as well be in outer space.
Canadian metal parts supplier Martinrea posted a boost in net income and profit margins during the second quarter after taking one-time charges for closing a plant in Detroit a year ago.
Tesla's Elon Musk is selling his dream. Bond investors seem to be closing their eyes and buying it. Musk on Monday came away with orders for $600 million after just a few hours.
Dana's second-quarter net income increased 67 percent to $75 million, helped by higher demand for light-vehicle and off-highway products, improved operations and a major acquisition.
Denso said its net income surged 66 percent in its fiscal first quarter as the supplier's revenue rose 6.6 percent on higher vehicle output in its major markets.
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