CEO Elon Musk took a swipe at short sellers after Tesla shares surged to a record high and the automaker topped Ford in stock market value.
GM names Phil Brook as vice president of marketing for Buick, GMC
General Motors has appointed Phil Brook, a regional director for Buick and GMC, to be the brands‘ new U.S. vice president of marketing.
UAW's net assets fell in 2016 while membership grew 1.8%
The UAW’s net assets fell 7.9 percent from a year earlier to $861.7 million at the end of 2016, but membership rose 1.8 percent to 415,963 workers.
A123 Systems to close one Michigan plant, build $40 million headquarters
A123 Systems LLC plans to build a $40 million headquarters in suburban Detroit as it prepares to wind down lithium-ion battery cell production at a nearby plant.
Donald Trump's former Ferrari disappoints at Florida auction
President Trump’s former 2007 Ferrari F430 F1 Coupe left the sale block before meeting reserve at auction on Saturday in Florida. Bidding on the car stopped at $240,000, $10,000 below its low estimate.
Former NHTSA chief Rosekind hired by autonomous vehicle start-up Zoox
Autonomous car start-up Zoox said former top U.S. safety regulator Mark Rosekind is joining the Silicon Valley company as its chief safety innovation officer.
TrueCar nominates John Mendel to board
Only a few days after his retirement from American Honda, John Mendel has been nominated to join the board of directors at car shopping service TrueCar.
Ford, GM, Renault-Nissan, Daimler lead self-driving car race
Ford, General Motors, Renault-Nissan and Daimler are best positioned for long-term success in a self-driving car future, according to a report from Navigant Research.
Ally debuts online auto financing market
Ally is launching an online auto finance marketplace that connects lenders and consumers.
Mercedes designer a user experience leader
Automotive News Rising Star Vera Schmidt of Daimler is creating wildly futuristic digital in-car experiences for drivers and passengers.