17 Articles
Oct 1, 2020 Official
Ford's new CEO Jim Farley promises urgency, names new CFO in shakeup

'We are going to compete like a challenger'

Ford Motor Co's new chief executive, Jim Farley, on Thursday promised the No. 2 U.S. automaker would move with urgency, in contrast to criticism his predecessor faced. Farley, on his first day as Ford's 11th CEO, also announced an executive shake-up that included naming a new chief financial officer. Ford's promise to accelerate its turnaround is not new at a time when it is executing on an $11 billion restructuring.

Associated Press
Oct 1, 2020 Report
Volkswagen may 'carve out' Lamborghini to list on the stock exchange

It's also looking at ways to electrify Lamborghini along with Bugatti and Ducati

Volkswagen is drawing up plans to set up Lamborghini as a more independent unit, and is discussing long-term supply deals that could make it easier to list it on the stock exchange, two sources familiar with the matter told Reuters. "Volkswagen is in the process of carving out Lamborghini, and to organise future supply and technology transfer deals," one of the sources familiar with the matter told Reuters. The Italian sportscar brand, which is currently a division of Audi, could b

Reuters
Oct 1, 2020 Official
Tesla Autopilot gets low score for driver focus in Europe's new testing

Which drags its overall score down to mediocre; Mercedes comes out on top

The Tesla Model 3's Autopilot scored just 36 when assessed on its ability to maintain a driver's focus on the road. The European New Car Assessment Program (NCAP), which worked with UK insurance group Thatcham Research, called the assessments the first consumer ratings specifically focused on driver assistance systems - technology that automates some tasks, including acceleration, braking and steering support. Tesla's Autopilot has been criticized by the U.S. National Transportation Safety Boa

Reuters
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