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| | “The segments are still significant,” GM Chairman and CEO Mary Barra says. “Because we’ve made the investments, we need to deploy little to no capital going forward, so we view (cars) as an opportunity.” Read More |
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Autoline Daily Ford Prunes U.S. Car Lineup; Jeep Shows 3-Row Grand Commander; FCA’s Q1 Earnings Beat Expectations Read More |
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| Sources tell Bloomberg News China's cabinet is considering proposals to lower the tariff on imported cars from the current 25% to 10% or 15% as part of the country's plan to open up the world's biggest auto market. Read More |
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| Pete Bannon, who previously oversaw development of Apple's A5 chip through to the A9 chip, will succeed Jim Keller, who headed the electric-vehicle maker's low-voltage hardware, Autopilot software and infotainment R&D. Read More |
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| A 28.8% jump in sales of its Lada models allowed Russia's biggest automaker to post a net profit of RR609 million in the first quarter, after losing RR2.8 billion in the same period last year. Read More |
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