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Gm Sees 2018 Earnings Flat With Pickups Picking Up In 2019

DETROIT – General Motors Co (GM.N) said on Tuesday it expects earnings in 2018 to be largely flat compared with 2017, but that profits should pick up pace in 2019...

Germanys Continental Hires Jp Morgan For Potential Break-up Sources

FRANKFURT/LONDON – Germany’s Continental AG (CONG.DE) has hired JP Morgan (JPM.N) to advise on a possible break-up, sources told Reuters, as the auto parts...

Major Automakers Urge Trump Administration Dont Ditch Nafta

DETROIT – Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States,...

Fiat Chrysler Ceo Says No Plans To Sell Brands To Chinese

DETROIT – Fiat Chrysler Automobiles NV’s (FCA) (FCHA.MI) (FCAU.N) has no intention of breaking up the company or selling individual brands to China or other...

Game Of Chicken Gm Bets On Mexican-made Pickup Trucks

SILAO, Mexico/DETROIT – General Motors Co’s (GM.N) assembly plant in Silao, a city in Mexico’s automotive heartland, cranked out more than 400,000...

Ford Plans 11 Billion Investment 40 Electrified Vehicles By 2022

DETROIT – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric...

Vw To Spend More Than 33 Billion Through 2020 On Us Model Expansion

DETROIT – Volkswagen (VOWG_p.DE) plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German...

Jaguar Land Rover To Open Rampd Center For Automated Tech In Ireland

LONDON – Britain’s biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on...

Ford Plans 11 Billion Investment 40 Electric Vehicles By 2022

DETROIT – Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric...

Ford Ups Electric Vehicle Plans To 11 Billion By 2022 Executive

– Ford Motor Co (F.N) will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday...