Edition:
India

Ben Klayman

Ford sees full-year pretax profit, posts stronger than expected quarterly earnings

29 Oct 2020

DETROIT Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year pretax profit instead of a loss, boosting shares in after-hours trading.

Auto startups chasing Tesla race past red flags to go public

22 Oct 2020

DETROIT Missed out on the Tesla rally but still want to surf the electric vehicle wave?

Fisker closes deal for supplier Magna to build its SUV, take stake in startup

15 Oct 2020

DETROIT Fisker Inc, which is going public through a merger with a so-called blank check company, said on Thursday auto supplier Magna International Inc will supply the vehicle platform and build the electric carmaker's Ocean SUV.

U.S. auto suppliers scramble to fill factory jobs

08 Oct 2020

DETROIT Millions of U.S. workers have lost their jobs to the pandemic, but in the auto industry, suppliers are scrambling to find enough people to staff production lines, resorting to such approaches as rewards for good attendance and at-work teachers to lure job seekers.

EV startup Faraday Future in talks to go public through SPAC merger

06 Oct 2020

DETROIT Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said on Monday.

Ford's new CEO Farley promises urgency at automaker, shakes up management

01 Oct 2020

DETROIT Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the speed at which his predecessor acted.

UPDATE 2-Ford's new CEO Farley promises urgency at automaker, shakes up management

01 Oct 2020

DETROIT, Oct 1 Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the speed at which his predecessor acted.

CORRECTED-UPDATE 1-Ford's new CEO Farley promises urgency at automaker, shakes up management

01 Oct 2020

DETROIT, Oct 1 Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the U.S. automaker would move with urgency, responding to investor and analyst criticism of the speed at which his predecessor acted.

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