The recall is the fourth tied to lithium-ion batteries as auto makers shift toward an electric future and away from gas.
Autos & Transportation
Not enough workers can see the big picture beyond the screen in front of them. A new program at Virginia Tech aims to teach students that problem-solving requires both sides of the brain.
Airlines are shipping more live animals, helping cover the drop in passenger flights; making sure the giraffes don’t ‘bump their heads.’
GM is looking to bolster its engineering and software-development ranks by recruiting new employees, the latest auto maker to bulk up on tech talent as competition with Silicon Valley intensifies for the future automobile.
Auto sales in China rose for a fourth straight month in October, as the country’s rebound from the coronavirus pandemic gained momentum.
A Joe Biden administration could mean both big changes and more certainty for the U.S. auto industry after turbulent but mostly lucrative years under President Donald Trump.
Japanese car makers more than double their profit forecasts as recovery from the pandemic picks up the pace, getting a bigger share of the Chinese market in recent months.
Detroit has shown that it can deal with pandemics. The question now, particularly as results from Tuesday’s presidential election continue to favor Joe Biden, is whether it can handle electric vehicles.
The German luxury car maker reported strong growth in profit and new vehicle sales in the third quarter, as China’s robust recovery from the pandemic continues to bolster premium auto brands.
Rental-car companies, crushed by a collapse in bookings at the onset of the Covid-19 pandemic, are now getting a lift from rising used-car prices and more people looking to travel by car.
Many companies rebounded faster than expected following the coronavirus-related economic shock this spring, but leaders are warning that the bounceback wasn’t uniform and may prove fleeting as infections surge again.
GM hired Paul Jacobson to take over as the auto maker’s chief financial officer as it manages through the pandemic and technological disruption.
Improving results help Exxon justify its dividend policy but it will take a while until it can fund those payouts without getting smaller or borrowing more.
While Ford and Fiat Chrysler enjoyed vintage third quarters, the world’s largest car maker made little apparent effort to rein in costs.
Volkswagen, the world’s biggest car maker by sales, became the latest to report a higher-than-expected profit while warning that rising coronavirus cases and fresh lockdowns were threatening the rebound.
The U.S. auto industry, hobbled this spring by the Covid-19 crisis, has bounced back stronger and faster than many expected with some companies reporting record profits in the third quarter.
The aerospace giant is reviewing jet production levels and expects to reduce its headcount by another 11,000 in an effort to stop bleeding cash as the coronavirus pandemic roils global air travel.
Some of the positive third-quarter dynamics behind the Italian-American car maker’s record results will likely persist for a while, but others are less reliable.
Fiat Chrysler Automobiles NV posted record operating profits in the third-quarter, riding a surge in demand for expensive pickups and a rebound in the U.S. auto market.
The biggest aerospace supplier by sales said it is cutting 20,000 jobs this year—up from a previously announced 15,000—as it adjusts to the shrinking airline industry and the sharp drop in jetliner orders and deliveries.