Autos

Singapore start-up Carro bags $360 million in funds from SoftBank and others

A used car dealership is seen in Laurel, Maryland on May 27, 2021, as many car dealerships across the country…

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Lordstown, Truck Maker That Can’t Afford to Make Trucks, Is on the Brink

Last August, Goldman Sachs helped Lordstown reach a deal to merge with DiamondPeak Holdings, a shell company created by a…

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Inflation expectations jump, another data point for the Fed to keep watch on.

Daily Business Briefing June 14, 2021Updated  June 14, 2021, 1:47 p.m. ET June 14, 2021, 1:47 p.m. ET Consumers expect…

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A Little More Remote Work Could Change Rush Hour a Lot

“Those who are most reliant also are the folks who are trying to literally go to their dialysis appointments,” said…

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Second UAW president sentenced to 28 months in prison in union corruption probe

Gary Jones, the newly-elected President of the United Auto Workers (UAW), addresses the 37th UAW Constitutional Convention June14, 2018 at…

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They Love the Car That People Love to Hate

In the pantheon of cars considered irredeemable lemons — think Edsel, Aztek, Pacer — one stands above them all, or…

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U.S. asks Mexico to review a second complaint about labor violations in its auto industry.

The Biden administration is invoking provisions in a new trade agreement to ask Mexico to look into accusations of labor…

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Faltering for Years, Ford Is Showing Signs of a Revival

For years, Ford Motor has been working on a turnaround but showing little progress in the showroom or its profits.…

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A former VW chief will pay the automaker $13.7 million over its emissions scandal.

Volkswagen said on Wednesday that its former chief executive, Martin Winterkorn, would pay the company 11.2 million euros (about $13.7…

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Ferrari turns to chip firm for its new CEO as the industry looks to reinvent itself

A Ferrari is parked outside the New York Stock Exchange in celebration of Ferrari Automotive Company’s IPO on October 21,…

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