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GM designates $10 million for groups that promote inclusion, racial justice

GM designates $10 million for groups that promote inclusion, racial justice

The automaker's support will start with a $1 million donation to the NAACP Legal Defense and Educational Fund.


Reynolds and Reynolds promotes Barras to president, COO

Reynolds and Reynolds promotes Barras to president, COO

Tommy Barras is the first executive to jointly hold the president and COO titles, a Reynolds spokesman said.


Trump threatens EU, China with tariffs

Trump threatens EU, China with tariffs

Trump, speaking at an event in Maine, complained about duties on American lobsters. "If the European Union doesn't drop that tariff immediately, we're going to put a tariff on their cars, which will be equivalent," he said.


AV developers dispute IIHS study findings

AV developers dispute IIHS study findings

The autonomous vehicle industry contends its cars were programmed to prevent a vastly higher number of potential crash causes, including more complex errors caused by drivers making inadequate or incorrect evasive maneuvers.


Lexus delays planned reveal of IS

Lexus delays planned reveal of IS

Toyota's luxury brand planned to show the redesigned sports sedan digitally on June 9 but has delayed the events in the wake of ongoing civil unrest in the U.S. and elsewhere.


Ford reevaluates office space in coronavirus world

Ford reevaluates office space in coronavirus world

Ford and many U.S. companies are wrestling with who can work from home and how much office space is necessary.


Online used-car retailer Vroom raises IPO price range

Online used-car retailer Vroom raises IPO price range

Vroom is offering about 18.8 million shares at a price range of $18 to $20 in the IPO and is expecting a valuation of $2.25 billion. At the top end of the range, it could raise $375 million.


VW completes internal probe into racist ad

VW completes internal probe into racist ad

The findings of the report will be released once its management board has reviewed the matter. VW's management board, headed by CEO Herbert Diess, meets regularly on Tuesdays.


U.S. hiring rebounds, defying forecasts for jobless surge

U.S. hiring rebounds, defying forecasts for jobless surge

The data show a U.S. economy pulling back from the brink as states relax restrictions and businesses bring back staff.  Manufacturing payrolls rose by 225,000, following a 1.32 million decline in April. Most automakers resumed limited U.S. production last month.


Toyota bets on fuel cell future with FAW, other automakers

Toyota bets on fuel cell future with FAW, other automakers

Despite the backing of Toyota and other industry giants touting the benefits of fuel-cell vehicles — they refuel faster and are more suitable for driving long distances than all-electric vehicles — the technology hasn’t caught on due its expensive price tag.