Ford plans to cut global workforce by 10%, reports sayAuto News

Ford is preparing major cuts to its worldwide workforce, mostly in North America and Asia, amid renewed efforts to hike profits and address the company's falling share price, The Wall Street Journal and Reuters reported, citing people briefed on the...

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Ford plans to cut global workforce by 10%, WSJ saysAuto News

Ford is preparing major cuts to its worldwide workforce amid renewed efforts to hike profits and address the company's falling share price, The Wall Street Journal reported, citing people briefed on the move.

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AutoNation COO Berman resigns Auto News

AutoNation President and COO Bill Berman resigned Monday, just three months after being named president. The nation's largest dealership group said CEO Mike Jackson will take on Berman's operating duties until the company finds a replacement.

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Former AutoNation exec buys 4 storesAuto News

Former AutoNation COO Mike Maroone has come out of retirement to buy four stores in Colorado from Joe Serra.

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Tesla, with high cash burn, loses key Wall Street ratingAuto News

Tesla lost a buy rating Monday from one of its longtime bulls, with a Morgan Stanley analyst boosting his projection for how much cash the company will burn through as more prosperous rivals encroach on its business.

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Uber engineer ordered to avoid Lidar work in Waymo fightAuto News

Uber's move to demote the engineer who led its autonomous unit to keep him away from related laser technology was deemed adequate to safeguard trade secrets that rival Waymo says were stolen, a judge ruled.

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GM commits to 'green' natural rubber for millions of tiresAuto News

GM is pledging to buy sustainable natural rubber for the 49 million tires it buys a year under a plan aimed at helping small farmers while protecting company profits by ensuring the material's long-term availability.

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Japanese Automakers in Truck Scramble (5/15/17)

Japanese automakers in truck scramble; GM inventory up 37%; Volvo getting Android; Delphi plans...
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Mexico fines Panasonic over Ficosa acquisitionAuto News

Mexico's competition watchdog fined Panasonic for failing to disclose that its purchase of Spanish auto parts maker Ficosa International would boost its indirect ownership of Ficosa Mexico.

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Volvo, Google team up for Android-based infotainment systemAuto News

Volvo Cars is partnering with Google to develop an Android-based infotainment system.

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