Recent News

Ford’s Farley poised to be next CEO, SEC filing suggests

The automaker agreed to award new COO Jim Farley a stock grant worth $2.5 million should someone else eventually succeed Jim Hackett, CEO since May 2017. ... Read More »

Aston Martin boosts capital-raising plan after market volatility

A consortium led by Canadian billionaire Lawrence Stroll will now take up to a roughly 25 percent stake in the struggling British automaker, up from 20 percent. A deal for short-term working capital also was increased. ... Read More »

Mazda marketing chief Dino Bernacchi resigns

Brad Audet, the leader of the brand's ad agency Garage Team Mazda, will temporarily head the marketing team. ... Read More »

Musk trial over SolarCity deal postponed due to coronavirus

The postponed case relates to Tesla's purchase of SolarCity in 2016, a deal that was criticized by shareholders as benefiting Elon Musk at the expense of Tesla. ... Read More »

Coronavirus fears idle FCA minivan production in Canada

FCA Canada says Unifor began a work refusal late Thursday after one of its members decided to self-quarantine as a precaution. The employee had possible secondary contact with an individual who has undergone testing for the coronavirus. ... Read More »

Chevy makes more safety tech standard on 2021 Traverse

Chevrolet has refreshed the Traverse with six new standard safety features, redesigned fascias and LED headlamps and taillamps. ... Read More »

Premerger Notification Office Implements Temporary e-Filing System

Due to the developing COVID-19 coronavirus pandemic, and consistent with guidance from the Office of Personnel Management, the Premerger Notification Office (PNO) will implement a temporary e-filing system. During this emergency, all filings must be submitted...

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Federal Trade Commission Cancels March 18 Workshop on Draft Vertical Merger Guidelines

Due to the developing COVID-19 coronavirus pandemic, and consistent with guidance from the Office of Personnel Management, the Federal Trade Commission has canceled its planned March 18, 2020 workshop on the draft Vertical Merger Guidelines. The FTC workshop was...

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Toyota to resume normal operations at Guangzhou plant next week

The factory in southeast China will resume its second shift, returning to production levels from before the coronavirus outbreak accelerated last month. ... Read More »

FCA expands remote working, restricts visitors

In a letter to employees outlining actions to combat the spread of the coronavirus, CEO Mike Manley said: "Clearly we are now moving beyond regional hotspots and into planning for how this will impact every area of our business across the world." ... Read More »