Ford CEO Hackett To Retire, COO Jim Farley To Lead Automaker
Just after the change was announced Tuesday morning, Ford shares rose 2% to $6.84 in premarket trading.
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Just after the change was announced Tuesday morning, Ford shares rose 2% to $6.84 in premarket trading.
Former United Auto Workers President Ron Gettelfinger is denying claims by General Motors that he took bribes paid into foreign bank accounts by Fiat Chrysler in order to stick GM with higher labor costs.
GM alleges that bribes were paid to former United Auto Workers Presidents Dennis Williams and Ron Gettelfinger, as well as Vice President Joe Ashton. It also alleges that bribes were paid to GM employees including Al Iacobelli, a former FCA labor negotiator who was hired and later released by GM.
New Chargers Operating in Gaylord, Cadillac, Big Rapids, Marshall.
General Motors today reported solid second-quarter earnings, despite significant impacts to production and wholesales as a result of the COVID-19 pandemic.
GM reported an $806 million loss in the second quarter Wednesday and a 47% drop in revenue when compared to the same period last year, while COVID-19 continues to spread.
Marquette joins Oscoda as space launch site, projected to create 2,000 or more jobs.
There's a war on for the automotive offroad market. As Ford has made it known they intend to take away Jeep's domination of the market with the new Ford Bronco set to unveil tonight.
Michigan's main insurance regulator is raising concerns after auto insurance companies are telling customers the wrong information regarding the recent insurance reforms to Michigan's old no-fault law.
The probe covers more than 614,000 Cobalts from the 2008 to 2010 model years and HHRs from 2008 and 2009.
When it comes to rugged vehicles that go off the road, over rocks and into the mud to experience nature, Jeep for years has cornered the U.S. market.
The new auto no-fault law takes effect in Michigan on Thursday, which provides motorists with additional options to save on car insurance.
Six years ago, Ford made a Texas-size wager on the top-selling vehicle in America, rolling out a radical new version of the F-Series pickup with a lighter aluminum body instead of the customary steel.
The Michigan Court of Appeals has rejected an effort to cast light on significant state tax credits granted to General Motors by the state.
Bollinger Motors is a US-based company headquartered in Ferndale, Michigan. Bollinger will manufacture the world's first all-electric, on- and off-road trucks, the B1 Sport Utility Truck (SUT) and the B2 Pickup Truck.