Yesterday, Ford offered up a buffet of information. Along with Bronco news, GT500 teasing and the announcement of Ford Co-Pilot360 driver assistance becoming standard across its entire lineup, Ford also reaffirmed its commitment to electrification. Specifically, the company announced an $11 billion investment in electrification, reiterating plans to introduce 13 new electrified vehicles around the world in the next five years.
Two of Tesla's most senior financial executives have left the company in successive weeks as the electric car maker approaches the end of its first quarter and prepares to update investors and industry analysts on its progress ramping up production of the closely watched Model 3 sedan.
And that's under new rules meant to cap top exec's salaries
Ford won't have new products for world's biggest car market until next year.
U.S. steel and aluminum companies were pleased, however.
It plans to bring its first car to U.S. market in 2020
"No current car industry player is likely to win this battle against the invaders from outside without friends... One has to adapt a new way of thinking in terms of sharing and combining strength. My investment in Daimler reflects this vision," Li said.
Luxury buyers are giving up sedans for highly optioned, limited edition pickups, crossovers, and SUVs, and the Detroit Three are the biggest beneficiaries.
Here's what's next as Geely looks to Volvo trucks, reportedly buys a stake in Daimler.
General Motors' stock rises on strong outlook for 2018, in sharp contrast to Ford
Chinese private equity firm XIO Group bought JD Power and Associates in 2016. Two years later, no one has any idea about Xio, nor its plans for JD Power.
Marchionne: An SUV would be for "the selected few," and only Ferrari can build a true EV supercar.
But incentive-heavy automakers "are now selling the deal instead of the vehicle. That's a tough spot to be in."
A good year for Mitsubishi.
"There's a very strong likelihood that we will outperform Ford in terms of operating earnings in 2018."
Ford continues on its "fitness" regimen.