Cars

Fiat Chrysler: $4.5B Plan Would Add 6,500 Detroit-Area Jobs
BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty
Tesla Walks Back Its Plan to Close Most Showrooms

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BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty

Fiat Chrysler: $4.5B Plan Would Add 6,500 Detroit-Area Jobs

German automaker BMW says its profits this year will be "well below" last year's due to higher raw materials prices, the costs of compliance with tougher emissions r...

Uber Acquires Mideast Competitor Careem for $3.1 Billion

Uber Acquires Mideast Competitor Careem for $3.1 Billion

By Aya Batrawy and Fay Abuelgasim | Mar 26
Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large, young, tech-savvy population.

GM Announces Jobs, Electric Vehicle After Trump Criticism

GM Announces Jobs, Electric Vehicle After Trump Criticism

By Mike Householder and Toim Krisher | Mar 24
Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit.

NTSB: Impaired Truck Driver Likely Cause of GOP Train Crash

NTSB: Impaired Truck Driver Likely Cause of GOP Train Crash

By Ben Finley | Mar 23
A trash truck driver who had marijuana in his system likely caused a fatal collision last year with an Amtrak train that was carrying Republican lawmakers, federal investigators concluded Thursday.

Ford Repackages Investment, Boosts New Jobs from 850 to 900

Ford Repackages Investment, Boosts New Jobs from 850 to 900

By Tom Krisher | Mar 22
Ford Motor Co. is repackaging a previously announced $900 million manufacturing investment in the Detroit area, boosting the number of jobs added from 850 to 900.

Carvana Debuts Second Pennsylvania Car Vending Machine

Carvana Debuts Second Pennsylvania Car Vending Machine

Mar 21
Carvana (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, unveiled its newest Car Vending Machine today in Pittsburgh.