The Michigan Mobility Institute, formed this year to enhance the state's workforce, is partnering with Wayne State University in Detroit to develop a curriculum that will allow students to earn a master's degree in mobility.
Continue Reading the above article 'A degree in mobility? It will soon be possible at ...
Maven, the mobility brand operated by GM, said its car-sharing service will remain in operation in Detroit and Los Angeles while it discontinues operations in other major U.S. cities.
Continue Reading the above article 'GM's Maven, citing strategy shift, pulls out of Ch...
Incoming boss Ola Kaellenius is working on a cost-cutting program, dubbed "Move," to reach profit margin targets threatened by trade talks and product launch issues, a German newspaper reported.
Continue Reading the above article 'Daimler to cut administration costs by 20%, report...
State senators passed incentives that would give GM $50 million in tax credits over 10 years in return for a $750 million investment to expand a light-truck assembly plant.
Continue Reading the above article 'GM moves closer to securing Missouri tax break...
Investors worry about the automaker's cash burn, sales outlook and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric carmaker's future. One analyst called the company's predicament a "code red situation."
Continue Reading the above article 'Tesla shares, bonds take a hit as investors fear '...
The company's new electronic systems, designed to handle internet software downloads, will be capable of handling up to 4.5 terabytes of data processing power per hour, five times the current capability.
Continue Reading the above article 'GM: Most vehicles to get over-the-air upgrade tech...
Jaguar Land Rover expects cost reductions, led by job cuts, and a turnaround in China, where inventories have been trimmed, to shore up turnaround efforts at Britain’s largest automaker.
Continue Reading the above article 'Jaguar Land Rover posts first profit in 4 quarters...
"Saying goodbye to colleagues is difficult," CEO Jim Hackett writes to employees.
Continue Reading the above article 'Ford plans 7,000 salaried job cuts by September, s...
U.S. Trade Representative Robert Lighthizer will visit Japan on May 24 to meet Economy Minister Toshimitsu Motegi to accelerate trade talks ahead of a leaders' summit a few days later, Reuters reported, citing sources with direct knowledge of the plan.
Continue Reading the above article 'U.S., Japan officials meeting to advance trade tal...
S&P's move to place the automaker’s rating on negative watch follows a weaker earnings outlook and a heightened chance that Nissan's profit recovery will be delayed.
Continue Reading the above article 'Nissan's credit rating hit by negative outlook...